[Management and Organizational Studies 4485F/G] - Final Exam Guide - Everything you need to know! (30 pages long)
Document Summary
Competitiveness- a company(cid:495)s ability to maintain and gain market share. Hrm- the policies, practices, and systems that influence employees(cid:495) behaviour, attitudes, and effectiveness, which is determined by whether the company satisfies the need of stakeholders. performance. Analysis and design of work; recruitment and selection; training and development; performance management; compensation and benefits; employee/labour relations; personnel policies; employee data and information systems; legal compliance; support for business strategy. Larger companies are more likely to have an hr department than a smaller one, where managers are more generalized and perform more than one role. Hr technical expertise and practice; relationship management; consultation; organizational leadership and navigation; communications; global and cultural effectiveness; ethical practice; critical evaluation; business acumen. Time spent on admin tasks is decreasing. Hr roles as a strategic business partner, change agent and employee advocate are increasing. Hr managers are now challenged to shift focus from current operations to future strategies and prepare non-hr managers to develop and implement hr practices.