MGT100H1 Lecture Notes - Lecture 4: Human Resource Management, Human Relations Movement, Employee Benefits
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Mgt100: lecture 4 strategic human resource management. October 2, 2018 (relevant reading contemporary business 2nd edition: chapter 8) Would this affect your decision to purchase an iphone xs (or max)? (poll) Human resource management the function of attracting, developing, and retaining employees who can perform the activities needed to meet organizational objectives. Strategic management process for analyzing a company"s competitive situation, developing the company"s strategic goals, and devising a plan of action and allocating resources that will increase the likelihood of achieving these goals. Strategic hrm the pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals. Core responsibilities of human resource management: employee recruitment and selection, planning for staffing needs, employee training and performance evaluation, employee compensation and benefits, employee separation. Recruiting techniques continue to evolve as technology advances. Failure to follow these exposes company to risk of litigation, bad publicity, and poor employee morale.