ADM 2337 Lecture Notes - Lecture 1: Human Capital, Performance Management, Cloud Computing
2 Dec 2016
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Document Summary
The process of managing human capital to achieve an organization"s objectives. Competitive challenges: responding strategically to changes in the marketplace. Need to be effective at change management for proactive and reactive change: competing, recruiting, and staffing globally. Effect on hrm: corporate social responsibility and sustainability goals, advancing hrm with technology. Advanced technology from "touch labour" to "knowledge workers" Ex: peoplesoft, sap, oracle - erp systems: containing costs while retaining top talent and maximizing productivity. Productivity enhancements: responding to demographic and workforce diversity challenges. Ex: stats canada report - census replaced by national household survey: adapting to educational and cultural shifts affecting the workforce. More diversity in cultural values - needs to be reflected in policies.
