MHR 523 Chapter Notes - Chapter 1: Common Hardware Reference Platform, Secondary Sector Of The Economy, Organisation Climate
Document Summary
Mhr523 chapter 1: the strategic role of human resource. Their job is to ensure that the organization finds and hires the best individuals available, develops their talent, creates a productive work environment, and continually builds and monitors these human assets. They have the primary responsibility for managing the workforce that drives organizational performance and achieves the organization"s strategic goals. o. Involves formulating and implementing hrm systems (such as recruitment, performance appraisal, and compensation) that are aligned with the organization"s strategy to ensure that the workforce has the competencies and behaviours required to achieve the organization"s strategic objectives. o. The knowledge, education, training, skills, and expertise of an organization"s workforce: more and more organizations are awakening to the importance of human capital as the next competitive advantage. Research studies over the past two decades have confirmed that effective hr practices are related to better organizational performance. Organizational benefits range from employee empowerment to extensive training that affects the productivity of employees.