Lecture 1 WDW346H1F Sept 12th 2012.doc

5 Pages
87 Views
Unlock Document

Department
Woodsworth College Courses
Course
WDW101Y1
Professor
Ted Mock
Semester
Fall

Description
th Lecture 1 WDW346H1F Sept 12 2012. • First project: analysis journal come with 5 best learning • Second project: Scanning exercise and choose any Canadian company, and scanning through the company • Third project: Trailing Spouse project: Family problem, assess the problem by the trailing spouse Focus on strategy What it mean to be strategic in HR? • Anticipate • Another plan • Maximize efficiency • Short term and long term goals • Find out people capacities and then exploit in the best way • Wise hiring decision • Look at goal of the company- keep an eye on to meet need • Keep up to the industry trends • Gain a competitive advantage- article Becker and Gerhart • Ensure all new employees buy into company vision • Training has to support the mission statement • Emergency planning- succession planning • Create policies/procedures that compliment business strategy • Support the company’s business plan/mission/vision/goals • The goals are constantly evolving • Buzz word in the HR- Strategic partner • Buzz word in the HR- Value-added • Buzz word in the HR Placed of the table- the executives • Human capital- capital (money) • Today, 75% is the soft capital and 25% the hard capital- put tremendous pressure on HR • Internal fit- everything we do in HR must support everything else we do in HR • Compensation: ownership plan: all employees in Westjet are required to be the owner of the company, so they can think like an owner • Example: new employees will leaves if they don’t have the internal fit in the company • Business strategy: What’s we do in HR has to support business strategy - Miles and Snow : Defender strategy Prospect strategy • Well established market • Extremely innovative share • First to market- need to be • Very stable industry- gov’t fast regulation; barriers entry • Risk taken • Typically settle for small gain • • Risk adverse defender Prospector Recruitment and Specific ability Culture matter Selection Internal recruitment- 80- Can leave job open 90% recruitment Highly motivate Can’t leave the job open Head hunters Organizational structure CEO has more say and Flat organization decision making Mobility Hierarchy- add to the stability of the Information spread faster
More Less

Related notes for WDW101Y1

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit