BU354 Chapter Final: HR Final Exam Chapter Notes - 1,2,4-8,10,12-17

312 views53 pages
School
Department
Course
Professor

Document Summary

Chapter 1 the strategic role of human resources management. Human capital - the knowledge, education, training, skills, and expertise of an organization"s workforce. 30 measures that are summarized down into these 5: recruiting excellence, clear rewards and accountability, collegial and flexible workplaces, communications integrity, prude use of resources (lowering costs) The hr function must account for the return on resources invested in human capital. Hr professionals should be able to measure the value and impact of their organization human capital and hrm practices. Traditionally it focused on the size and cost of the hr function (such as absenteeism rates, cost per hire etc. ) now it"s about the quality of people and effectiveness of hrm initiatives that build workforce capability. These new practices are related better to organizational performance. Balance scorecards a measurement system that translates an organization"s strategy into a comprehensive set of performance measures. Operational/adminstrative: hr professionals hire and maintain employees and the manage employee separation.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions