MGT 3050 Chapter Notes - Chapter 1: Human Resource Management, Human Capital, Six Sigma
Document Summary
Chapter 1: exploring why hrm matters to all employees. Human resources management (hrm): an integrated set of processes, practices, programs and syste(cid:373)s i(cid:374) a(cid:374) orga(cid:374)izatio(cid:374) that fo(cid:272)uses o(cid:374) the effe(cid:272)ti(cid:448)e deploy(cid:373)e(cid:374)t a(cid:374)d de(cid:448)elop(cid:373)e(cid:374)t of it"s employees. Business topics relating to hrm processes and practices: changes in firms, demographics, sustainability, human capital, technology and quality, global economy. Employees have a supervisor that links the employee to the organization. Hrm helps everyone understand roles and responsibilities in the organization. People are central to the organization due to the strategic importance of knowledge based industries. Discuss the relationship between the line manager and hr practitioner. Hr practitioners help the line manager to be a good people manager by providing advice and understanding of hrm. Combined expertise and experience can develop the talents of employees to their greatest potential. Describe current business topics facing organizations and the impact on people. Globalization is creating pressure for managers to effectively manage people.
