HRM 2600 Lecture Notes - Tim Hortons, Social Exchange Theory, Basic Belief
20 Apr 2013
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Document Summary
Organization strategy- a purpose and plan for making decisions about the organization"s future. Hr planning- anticipating and providing for the movement of people in and within and out of an organization. Who are we and where do we want to go as an organization. Mission statement (for the public: purpose for, or reason why an organization exists, who are we today . Vision statement (for employees: purpose for or reason why an organization exists, answers the question where are we going , meant to inspire and direct people in the organization. Basic belief that govern individual and group behaviour in an organization. Espoused values- what we talk about and say we have. Changes in the external environment have a direct impact on the way that organizations are run and people are managed. Benchmarking having your product differ from someone elses. Legislation new min. wage changes, labour laws, health and safety laws, etc.
