Chapter 1 Textbook Notes.docx

2 Pages
Unlock Document

Human Resource Management
HRM 2501
Mc Clendon

Fundamentals of Human Resource Management Chapter 1: The Dynamic Environment of HRM • As part of the rapidly changing environment, organizational members face the globalization of business o Organizations are no longer constrained by national borders in producing goods and services  Globalization-Aprocess of interaction and integration among the people, companies, and governments of different nations, driven by international trade and investment, accelerated by information technology • Multinational Corporations (MNCs)- Corporations with significant operations in more than one country (but are based in one home country) • In France, status is often the result of factors important to the organization, such as seniority and education o This emphasis is called ascribed status o In the United States, status is more a function of what individuals have personally accomplished, also known as achieved status • In an individualistic society such as the United States, people are primarily concerned with their own family • In a collective society (the opposite of an individualistic one) such as that in Japan, people care for all individuals who are part of their group • There are three eras of globalization: o Transportation o Communication o Technology • They key to productivity of knowledge workers depends on the ability to use technology to locate and use information for decision making o Knowledge Workers- Individuals whose jobs are designed around the acquisition and application of information  Knowledge workers include professionals such as RNs, accountants, teachers, lawyers, and engineers  It also includes technologists-people who work with their hands and with theoretical knowledge-commonly referred to as information technologists • Knowledge workers appear more susceptible to distractions that can undermine their work effort and reduce their productivity • Open communication systems break down historical organizational communication pattern flows, they also rede
More Less

Related notes for HRM 2501

Log In


Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.