[37:533:301] - Final Exam Guide - Comprehensive Notes for the exam (42 pages long!)

• School: Rutgers University
• Department: Human Resource Management
• Course: 37:533:301
• Professor: Hadi El Farr

Document Summary

Human resource management could be defined as the activities that enable an organization to attract, develop, motivate and retain its talent (employees). Talent within organizations determines what companies are capable of doing and how well they do it. However, it is not sufficient to acquire and develop talent within organizations to ensure organizational success. People management should also focus on employee motivation in order to make sure that employees are transferring their talent (knowledge) into action. Therefore, human resource management should focus on both talent acquisition and talent transfer to achieve a competitive advantage for organizations over their rivals thus achieving survival and success. Employees are the individuals who work for a company in exchange for wages or a salary. Line managers are individuals who are responsible for supervising and directing the efforts of a group of employees to perform tasks that are directly related to the creation and delivery of a company"s products or services.