MOS HR Part 1 Textbook Notes

2 Pages

Management and Organizational Studies
Course Code
Management and Organizational Studies 1021A/B
James O' Brien

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MOS Chapter 1 NotesLine manager is the key link between the employee and the organizationHR professionals help support the line managersHR primary goal help equip the line manager with the best people practices that the organization can be successfulGlobalization moving localregional businesses into global marketplaceWhen managers decide to go global must look at geographies cultures laws and business practicesLabour costs are the largest expenditureDownsizing planned elimination of jobs takes a while to realize savingsOutsourcing hiring someone outside the company to perform internal taskso Eg hire accounting fire to manage financesOutsourcing used to increase flexibility and lower overhead costsEmployee leasing employees are let go and then hired by a leasing company that contracts back with the original companySince technology has advanced the skills required to be successful have changedHRIS technology system that provides data for purposed of control and decisions makingIT information technology can provide a data and communications platform that helps HR link and leverage the firms human capital to achieve a competitive advantage3 ways IT influences HRM operation impact enhancing services to managers and employees the internetrevolutionized our ability to access and use i
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