BU354 Lecture Notes - Lecture 1: Performance Appraisal, Human Capital, Human Relations Movement
Document Summary
Human resources management (hrm) the management of people in organizations to d(cid:396)i(cid:448)e su(cid:272)(cid:272)essful o(cid:396)ga(cid:374)izatio(cid:374)al pe(cid:396)fo(cid:396)(cid:373)a(cid:374)(cid:272)e a(cid:374)d a(cid:272)hie(cid:448)e(cid:373)e(cid:374)t of the o(cid:396)ga(cid:374)izatio(cid:374)"s strategic goals. Formulating and implementing hrm systems (recruitment, performance appraisal, and compensation) Alig(cid:374)ed (cid:449)ith o(cid:396)ga(cid:374)izatio(cid:374)"s st(cid:396)ategy to e(cid:374)su(cid:396)e that the (cid:449)o(cid:396)kfo(cid:396)(cid:272)e has the (cid:272)o(cid:373)pete(cid:374)(cid:272)ies a(cid:374)d (cid:271)eha(cid:448)iou(cid:396)s that a(cid:396)e (cid:396)e(cid:395)ui(cid:396)ed to a(cid:272)hie(cid:448)e the o(cid:396)ga(cid:374)izatio(cid:374)"s strategic objectives. Crucial that the hr strategy be alig(cid:374)ed (cid:449)ith the (cid:272)o(cid:373)pa(cid:374)y"s st(cid:396)ategi(cid:272) pla(cid:374) Human capital the knowledge, education, training, skills, and expertise of an o(cid:396)ga(cid:374)izatio(cid:374)"s (cid:449)o(cid:396)kfo(cid:396)(cid:272)e. Operational hr professionals hire and maintain employees and then manage employee interactions. Strategic ensures that the organization is staffed with the most effective human capital to achieve its strategic goals shared by members of an organization. Can be friendly/unfriendly, open or secretive, rigid or flexible etc. Organizational culture the core values, beliefs, and assumptions that are widely. Organizational climate the prevailing atmosphere that exists in an organization. Influenced by management"s leadership style, and hr policies/practices.
