MHR 523 Study Guide - Midterm Guide: Western Electric, Performance Appraisal, Videotelephony
24 Oct 2016
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Document Summary
People go into hr because they like working with people . Human resources management: the management of people in organizations to drive successful organizational performance and achievement of organization"s strategic goals. Ensure that the organization attracts, retains, and engages the diverse talent required to meet operational and performance commitments made to customers. Human capital: the knowledge, education, training, skills, and expertise of an organization"s workforce. How to manage and develop that potential in employees. Create an environment that uses and cultivates that human capital; competitive advantage. Resource based view: hr contributes to the development of embedded knowledge of firm"s culture, history, processes, context, which are non imitable. Talent management and succession planning; covers training and development, manage skills. Scientific management: process of scientifically analyzing manufacturing processes, reducing production costs, and compensating employees based on their performance levels. Fast, strong, doesn"t think too much > view of manual labours at the height of industrial revolution.
