COMMERCE 2BC3 Chapter 1: Chapter 1 textbook notes
30 Jun 2015
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Biggest hr management associaeation, partners with cchr, Idea of hr creating value, contributing to the strategy and shaping the company culture. Operational executor: hr function of crisis management, development of the hrm function, spening more time on important things like strategy, change, employee advoacacy and less time on just administrative stuff. Rbc strategy during g20 summit: hr managers focus on 2 main problems: Shift focus from current operations but long term strategies. Prepare nonhr managers to develop and use hr practices: hr function started as administrative and employee advocacy. It was just reactive-concern only if it directly affected the business. Not really the case anymore for more developmed companies: now expanded as cange agent and strategic partner to create competitive value. So growing industries will have more competition for labour: also influenced by the number and skills of persons available for full time work. So less workers means more competition which is happening.
