MHR 523 Chapter Notes - Chapter 1: Occupational Safety And Health, Organizational Communication, Human Capital
Document Summary
Managing people in organizations to drive successful organizational performance and achievement of organization"s strategic goals. Managing human capital: knowledge, education, training, skills, expertise. Communicating with employees (including counseling and disciplining) Strategy the company"s plan for how it will balance its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage. Economic conditions (employment levels, productivity levels, growth of service sector) Labour market issues: demographic issues, education, non standard/contingent workers workers who do not have regular full time employment status. Government: ensure policies and practices comply with new and changing laws covering: human rights, employment standards, labour relations, occupational health and safety, workers" compensation. Technology: questions raised concerning data control, accuracy, right to privacy and ethics, firms are monitoring employee email, voicemail, telephone conversations, computer usage and behaviour. Globalization: firms extend business operations abroad, emergence of one world economy, increased international competition, multinational corporations: conduct business around the world, seek cheap skilled labour.