BU354 Chapter Notes - Chapter 1: Human Relations Movement, Performance Appraisal, Organizational Culture
Document Summary
Chapter 1: the strategic role of hr management. Human resources management (hrm) the management of people in organizations to drive successful organizational performance and achievement of the organization"s strategic goals. Responsible for ensuring that the organization attracts, retains and engages the diverse talent required. Three hr practices (profit sharing, results-oriented performance appraisal and employment security) have strong relationships with accounting measures. Human capital the knowledge, education, training, skills, and expertise of an organization"s workforce. It is crucial that the hr strategy be aligned with the company"s strategic plan. Scientific management late 1800s and early 1900s the process of scientifically analyzing manufacturing processes, reducing production costs, and compensating employees based on their performance levels. Human relations movement 1920s to 1940s - a management philosophy based on the belief that the attitudes and feelings of workers are important and deserves more attention. Human resources movement a management philosophy focusing on concern for people and productivity.
