Management and Organizational Studies 1021A/B Chapter Notes - Chapter 4: Succession Planning, Job Performance, Central Tendency

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1021A/B
• Professor: Kevin Thompson

Document Summary

Chapter 4 human resource planning, recruitment, and selection. Human resource planning: process that the people required to run the company are being used as effectively as possible, where and when they are needed, in order to accomplish the organization"s goals. Succession planning: developing leaders for the future who have the competencies necessary that can keep pace with the direction of the organization. Manufacturing sector is shrinking, fewer jobs in that industry. About 21% of workforce is born in another country. Labour shortages predicted in retail, construction and health sectors. Medium to large organizations -> more systematic hr planning. Small entrepreneurial organizations - > hr planning based on short-term basis. Hr planning approaches: forecasting anticipating the demand for employees. Quantitative approaches: trend analysis using an organizational index to forecast such as sales or units of production of previous years to make projections.