HRM200 Chapter 1: HRM 200 - chapter 1 notes.docx

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

Document Summary

Examples would be successful incentive plan by a competitor, labour shortages or pending legislative changes. Hr can also provide insight with internal advantages when they relate to the external threats: role in executing strategy: hr comes in when you execute new strategies like redesigning jobs, downsizing, new training procedures. It analyzes the financial decisions already taken, compliments financial measures with operational measure in a business unit or something else. 4% primary sector (fishing, mining) , 17% secondary sector (manufacturing, construction), 77% tertiary or service sector and since people have to interact with customers a lot hr is important and knowledgeable employees are important: workforce issues: Federal employees also have a different set as well. Companies that are green have motivated employees and larger market share. Internal environmental influences three things to cope with first is organizational culture the core values, beliefs, and assumptions that are widely shared by members of the organization.