ADMS 2600 Lecture Notes - Paq, Kindergarten, Walmart

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Lecture 1 - the challenge of human resources management. Human resources management, the management of people in organizations. 80% of problems at work will involve people not systems, not financial projections learn how to deal with people issues. Managers, coaches, volunteers or parents need hr knowledge. In simple terms, human resource management is the management of human resources that is people in an organization. In formal terms, human resource management is a set of interrelated policies, practise and programs, the goal of which is to attract, socialize, motivate, maintain, and retain an organization"s employee. Hr specialist helps supervisors and managers, directly and indirectly. Hr helps managers to only focus on strategic managing as hr specialist deals with other things such as recruitment, compensation, benefits etc. The selection of employees is quite important, hiring the right people. Hr practise can save costs, manage turnover and absenteeism. The most pressing competitive issues facing firms: