BU354 Chapter Notes - Chapter 1: Mary Parker Follett, Human Relations Movement, Performance Appraisal
Document Summary
Chapter 1: the strategic role of human resources management. Human resources management: management of people in organizations to drive successful organizational performance and achievement of the organization"s strategic goals. Hr responsible for ensuring that the organization attracts, retains, and engages the diverse talent required to meet operational and performance commitments made to customers and shareholders. Ensure organization finds and hires best individuals, develop talent, create productive work environment, and continually builds and monitors these human assets. Managing workforce that drives organizational performance and achieves organization"s strategic goals. Hrm involves formulating and implementing hrm systems (recruitment, performance appraisal, and compensation) aligned with organization"s strategy to ensure workforce has competencies and behaviours required to achieve organization"s strategic objectives. Human capital: knowledge education, training, skills, and expertise of an organization"s workforce. 3 hr practices (profit sharing, results-oriented performance appraisal, and employment security) have strong relationships with important account measures of performance (roa,
