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HRM 2600 (78)
Chapter 1

Chapter 1

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York University
Human Resources Management
HRM 2600
Shelley Millman

Chapter 1Human resources management the process of managing human talent to achieve an organizations objectivesHuman resources specialists design application forms interview formats amount of money being paid to employees benefits bonuses training work conditionsCompetitive Challenges and Human Resources Management1 Going GlobalGlobalizationthe trend toward opening up foreign markets to international trade and investmentCorporate social responsibilitythe responsibility of the firm to act in the best interests of the people and communities affected by its activitiesEffects of Globalization on HRMHRM have to determine the knowledge and skills of foreign workforces and figure out how best to hire and train themMust also relocate managers and other works to direct the efforts of a foreign workforce 2 Embracing New TechnologyComputer networks storingretrieving data and internet business transactions through ecommerceVirtual workersthose who work from home in hotels in their cars wherever their work takes themFrom Touch Labour to Knowledge WorkersKnowledge workersworkers whose responsibilities extend beyond the physical execution of work to include planning decision making and problem solvingAdvanced technology explains the shift from touch labour to knowledge workers where employee responsibilities expand to include a richer array of activitiesInfluence of Technology in HRMHuman resources information system HRISa computerized system that provides current and accurate data for purposes of control and decision makingHRM is a powerful weapon for lowering costs increasing productivity speeding up response times and improving decision making and customer serviceWhen an effective HRIS is implemented the biggest advantage gained is that HR personnel can concentrate more effectively on the firms strategic direction instead of on routine tasks ie
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