HRM 3430 Chapter Notes - Chapter 2: Human Capital

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

Hrm 3430 strategic human resources planning importance. Senior managers demand that the human resources department shifts from trying to articulate/state/communicate comprehended/stood value in order to be able to demonstrate the real and true value which is the reason behind the problems. As an important member of the organization, the driving force of human resources should be on scoring points and not exclusively on elements and factors of recruiting, selecting, training, performance appraising, compensating, and etc. The value and contributions of human resources management will be demonstrated and revealed in the ability of delivering those behaviours that are needed in order to be able to carry through the strategy of the business/company. There are two reasons behind the fact that human resources planning is so significant strategically to an organization: Employees assist and aid a business and company in attaining and achieving success as they are assets and means of profitability.