ADMS 2600 Chapter Notes - Chapter 1: Corporate Social Responsibility, Collaborative Software, Professional Employer Organization
13 Oct 2013
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Chapter 1: the world of human resources management human resources management (hrm) the process of managing human talent to achieve an organization s objective. Challenge 1: responding strategically to changes in the marketplace. Ability to adapt key to capturing opportunities and overcoming obstacles, as well as the very survival of organizations. Hr managers need an intimate understanding of their firms competitive business operations and strategies, whatever they may be. Reengineering the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in cost, quality, service, and speed. Outsourcing hiring someone outside the company to perform business processes that were previously done within the firm. Organizations that have been successful in engineering change: Link the change to the business strategy. Show how the change creates quantifiable benefits. Engage key employees, customers, and their suppliers early when making a change. Globalization trend to opening up foreign markets to international trade and investment.
