BUS 381 Chapter : Ch1 Intro to HRM.docx

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 381
• Professor: Natalie Zhao

Document Summary

Human resources management (hrm): the management of people in organizations to drive successful organizational performance and achievement of the organization"s strategic goals. Human capital: the knowledge, education, training, skills, and expertise of an organization"s workforce. Their job is to ensure that the organization finds and hires the best individuals available, develops their talent, creates a productive work environment, and continually builds and monitors these human assets. They have the primary responsibility for managing the workforce that drives organizational performance and achievement of the organization"s strategic goals. Human resource management responsibilities and activities fall into two categories: operational /administrative category (tradition) Where hp professionals hire and maintain employees and then manage employee separations. This role requires hr staff to be administrative experts and employee champions. Hr services include: analyzing jobs, planning future workforce requirement, selecting employees, orienting and training employees, managing compensation and reward plans, and communicating with employees (including counseling and disciplining).