MGT 125 Lecture Notes - Lecture 8: Human Resource Management, Job Analysis, Profit Sharing

• School: Irvine Valley College
• Department: Management
• Course: MGT 125
• Professor: budgay

Document Summary

Traditional sources of competitive advantage are eroding. Specific products and technology can be copied by competitors. But a cohesive, skilled workforce and appropriate organisational culture cannot be easily replicated by competitors. Various organisations have concluded that an organisations people are a significant source of its competitive advantage. The policies, practices and systems that influence employees" behaviour, attitudes and performance. Many refer to hrm as involving people practices": job analysis and design, human resource inventory. A review of the current make-up of the organisation"s human resources: job analysis. An assessment that defines a job and the behaviors necessary to perform the job (knowledge, skills, and abilities (ksas)) The process of locating, identifying and attracting capable applicants to an organisation. Any practice or activity carried on by the organisation with the primary purpose of identifying and attracting potential employees. Increase the pool of qualified job applicants. Reduce the number of under or over-qualified job applicants.