MAN 3025 Lecture Notes - Lecture 13: Jack Welch, Strategic Human Resource Planning, Society For Human Resource Management
23 Oct 2018
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Document Summary
Introduction to (strategic) human resource management: human resource management. Consists of the activities managers perform to plan for, attract, develop, and retain an e ective workforce. Key function of the strategic planning process: strategic human resource management. The process by which managers design the components of a hrm system to be consistent with each other, with other elements of organizational architecture, and with the organization"s strategy and goals. Why is shrm important: drives organizational performance, enhances the rm"s competitive edge. Within the constraints of the hrm environment: legislation, trends in society, changing technology. Potential of employee knowledge and action: economic value of highly educated, knowledgeable, experienced, and skilled workers. Key intangible asset to an organization"s success, people are the best. Tuesday, october 16, 2018 competitive advantage: knowledge workers. Main function/concern is generating or interpreting information: social capital. Economic or productive potential of strong, trusting, and cooperative relationships.
