GEB-4455 Lecture Notes - Lecture 10: Human Resource Management, Occupational Information Network, Procter & Gamble
Document Summary
Human resource management (hrm) is the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals (see figure 11. 1). For many years, human resource management was called personnel and involved clerical functions such as screening applications, keeping records, processing the payroll, and finding new employees when necessary. The roles and responsibilities of hrm have evolved primarily because of two key factors: (1) organizations" recognition of employees as their ultimate resource and (2) changes in the law that rewrote many traditional practices. One reason human resource management is receiving increased attention now is that the u. s. economy has experienced a major shift from traditional manufacturing industries to service and high-tech manufacturing industries that require highly technical job skills. This shift means that many workers must be retrained for new, more challenging jobs. People develop the ideas that eventually become products to satisfy consumers" wants and needs.
