MGHB12H3- Midterm Exam Guide - Comprehensive Notes for the exam ( 35 pages long!)
Document Summary
June 20, 2017 lecture 1: the world of human resource management. Human resources management: the process of managing human resources to achieve an organizations objective. People are the competitive advantage to the organization. Video: shrm: u. s. hr professional organization. Everyone is different: more creative, more diverse in problem solving. Challenges and hr management: adapting to the educational and cultural shifts affecting the workplace. Have to adapt to changing environment and diversity: responding to the demographic and diversity challenges of the workforce. More diverse and challenging: containing cost while retaining top talent and maximizing productivity. Sell for higher produce at lower price. Contain cost based on situation: advancing hrm with technology, setting and achieving corporate social responsibility and sustainability. Connect with causes and want companies to connect with causes: competing, recruiting and staffing globally. Going global not local: responding strategically to changes in the global and local marketplace. Not getting good people to join: challenge.
