HRM200 Chapter Notes - Chapter 1: Baby Boomers, Tertiary Sector Of The Economy, Organisation Climate

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM200
• Professor: Katrina Di Gravio

Document Summary

Change agents: specialists who lead the organization through change. Contingent workers: don"t have regular full time employment status. Employee engagement: mental involvement of employees in their work (intensity, focus, etc. ) Empowerment: giving workers skills/authority to make decisions made by mangers. Environmental scanning: analyze opportunities and threats crucial to success. Evidence based hrm: using all the evidence (with data/research) to make hr decisions. Human resources management: managing people to drive successful performance and achievement of goals. Human resources movement: focuses on concern for people and productivity. Organizational climate: atmosphere that exists and its impact on employees. Outsourcing: contracting with outside vendors to handle business functions permanently. Productivity: ratio of outputs to inputs (improve by making more outputs with same/less inputs) Scientific management: scientifically analyzing manufacturing processes to reduce costs and compensate employees. Strategy: plan to balance swot to maintain a competitive advantage. Tertiary sector: public administration, services, finance, trade, communication jobs. Ensure the staff is effective to achieve foals.