ADM 1100 Lecture Notes - Lecture 11: Canadian Human Rights Act, Flextime, Job Sharing
Document Summary
It can be a significant source of competitive advantage: hr gives an organization an edge by creating superior shareholder value. An important part of organizational strategies: achieving competitive success through people means managers must change how they think about their employees and how they view the work relationship. Adds value to the firm: high performance work practices lead to both high individual and high organizational performance. Hr for non-hr managers: small organizations may rely on managers to handle hr issues. All managers must be aware of federal and provincial legislation and company policies. Hr management process: activities necessary for staffing the organization and sustaining high employee performance. The economy: the global economic downturn has left what many experts believe to be an enduring mark on hrm practices worldwide. Labor union: an organization that represents employees and seeks to protect their interests through collective bargaining.