AREC323 Study Guide - Final Guide: Human Resource Management, Job Performance, Trade Union
Document Summary
Why human resources management is important! a necessary part of the organizing function of management! Selecting, training, and evaluating the workforce ! an important strategic tool! Hrm helps establish an organization"s sustainable competitive advantage ! adds value to the rm! Early adopters of hpwp were found to implement cohesive bundles and fully integrate them performance ! into the organization (strategy, structure, policy, etc)! Late adopters were found to implement hpwp in a piecemeal style, and didn"t integrate them in the organization. Their motivation appears to be legitimacy gains rather than actual bene ts of hpwps ! examples of high performance work practices ! self managed teams! decentralized decision making ! training programs to develop knowledge, skills, and abilities ! Exible job assignments ! open communication ! performance-based compensation ! staf ng based on person job and person organization t ! human resources for non-hr managers:! small vs. large organizations !