Management and Organizational Studies 1021A/B Chapter Notes -Pay Commission, Extraversion And Introversion, Substance Abuse
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MOS 1021A/B Full Course Notes
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Strategic plans: boarder in scope, longer in time frames, provide overall direction, apply to entire organization. Company"s strategy determine key goals and action need to take achieve goals. Line manager link goals to skills of people. Definition: process that the people required to run company are being used as effectively as possible, where and when they are needed, in order to accomplish organization"s goals. Strategic planning involves allocation of resources (human resources); hr planning has to align to ensure objectives are met. Succession planning: companies focus on training and development programs so leaders have competencies necessary that can keep pace with direction of organization. Specialized work, can"t post job opening and expect potential candidates. Dramatic shifts in composition of labor force require managers more involved in planning staffing needs, changes affect employee recruitment, methods of employee selection, training, compensation, and motivation. Management forecasts organization"s future needs will develop scenarios that can be used for planning purposes.