ADM 2337 Chapter Notes - Chapter 1: Performance Appraisal, Human Capital, Organizational Effectiveness
14 Jul 2014
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Document Summary
Chapter 1 the strategic role of human resources management. Human resources management (hrm): the management of people in organizations to drive successful organizational performance and achievement of the organization"s strategic goals. Human capital: the knowledge, education, training, skills, and expertise of an organization"s workforce. Goals: (1) efficiency and productivity; (2) compliance with legal requirements; and (3) fairness to all employees. Hr strategy: intentional plans or use of people to accomplish organizational goals. Hr tactic: a particular hr policy or program used to achievement a specific goal. Human resource management responsibilities (comparison picture in table 1. 1) Operational (administrative) responsibilities: hire and maintain employees and then manage employee separations. Human-capital life cycle: (1) selection and assimilation into the firm; (2) development of capabilities while working in the firm; (3) transition out of the firm. Hr department"s staffing services: analyze and design jobs, select and recruit employee, Orient and train employees, manage performance, manage compensation and reward, manage.
