HRM200 Chapter Notes - Chapter 1: Human Relations Movement
3 Aug 2014
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Chapter 1: the strategic role of human resources management. Human capital index based on: recruiting excellence, clear rewards and accountability, collegial and flexible workplaces, communications integrity, prudent use of resources. Making the enterprise more responsive to product/service innovations. Flattening the pyramid, empowering employees and organizing around teams. Operational focuses more on following policies where as strategic is more on making policies. Strategic involves knowing how to maximize individual success to make the organization successful. Agriculture, fishing, trapping, forestry and mining have decreased and now represent only 4% of jobs percent of jobs services, finance, trade, public utilities, and transportation/communication all now dominate the canadian economy. Manufacturing and construction has also decreased to 20: tertiary or service sector. They are economically conservative and do not trust institutions. Are out-of-the-box thinkers: generation y (born since 1980 and also known as echo boomers, nexters and the net generation) are the children of the baby boomers.
