HRM107 Lecture Notes - Lecture 1: Knowledge Economy, Tacit Knowledge, Employee Engagement
30 May 2018
School
Department
Course
Professor
Week 1 Introduction
Objectives:
• what HRM is and how it has evolved;
• the core activities involved in managing people;
• how environmental context influences HRM strategy;
• the concept of strategic HRM, and the relationships between business strategy and
HR policy and practice.
• key contemporary issues in managing workers including retaining talent,
developing skills, devising effective reward systems and understanding the role that
regulation plays in influencing HRM strategies
HR contributions to organisational success:
• Hiring process to gain the best employees
• Making a friendly workplace environment
• Eradicate bureaucracy in the workplace by asking employee opinions
• Transitions in management positions for smooth rides
• Building skills and talents before changing positions in the workforce and
sharing additional information
• support, mentoring and leadership programs for transition in the workplace
• Geared towards group success rather than own success
• Interest in output for organisational success
• E.g. Google - allowances are made for people to contribute to the success of
the company as everyone has different schedules. Performance is valued
more than time spent at work which helps the company overall
• Hiring the correct people with goals and enthusiasm depends on the
company’s success
• Appropriate training to assist the company as a whole
Issues impacting SHRM:
Globalisation
• Destruction of culture
New technology
• Ubereats/ Uber
• Robots
• Disposal of jobs and people
Changes in the nature of work and jobs
• Casualised employment
• Dropped full time work
• New generation of workers
HR professionals are required to add value to four key stakeholders
• employees
• line managers
• key customers
• investors
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Objectives: what hrm is and how it has evolved, the core activities involved in managing people, how environmental context influences hrm strategy, the concept of strategic hrm, and the relationships between business strategy and. Hr policy and practice: key contemporary issues in managing workers including retaining talent, developing skills, devising effective reward systems and understanding the role that regulation plays in influencing hrm strategies. Google - allowances are made for people to contribute to the success of. Interest in output for organisational success the company as everyone has different schedules. Performance is valued more than time spent at work which helps the company overall: hiring the correct people with goals and enthusiasm depends on the company"s success, appropriate training to assist the company as a whole. New technology: ubereats/ uber, robots, disposal of jobs and people. Changes in the nature of work and jobs: casualised employment, dropped full time work, new generation of workers.
