MGM101H5 Lecture Notes - Lecture 9: Cooperative Education, Sales Promotion, Flextime

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

Human resource management- the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals. Hr management is receiving increased attention due to the shift from traditional manufacturing industries to service and high-tech manufacturing industries that require highly technical skills. Hr should streamline its core responsibilities and align its efforts with the company"s vision and customer need to take advantage of unique qualifications that will enable it to provide strategic value to the company and the company"s customers. Hr function is the responsibility of all managers. Five steps to overcome hr challenges: understand the external environment, understand the internal environment, select the most critical human resource topics and set priorities, secure support from top management. Five steps in the hr planning process/strategy: prepare hr inventory. Information about organization"s employees to determine whether labour force is technically up to date, thoroughly trained, etc: prepare job analysis.