MGNT205 Lecture Notes - Lecture 2: Organizational Culture, Human Capital, Performance Management
Document Summary
Hr planning is the process of systematically reviewing hr needs to ensure that the right number of people, with the right skills, are available at the right time: hr planning presentation & handout. Internal influences: organisational strategy, resources, product/service demand, competitors/partners, financial and marketing goals, organisational culture, vision, hierarchy/bureaucracy, communication. Surveyors: health professionals, midwives, aged care workers, optometrists, physiotherapists, automotive trades, engineering trades, electro-technical trades. Food trades: butcher, chef, hairdresser, building/construction trades. Globalisation of human capital: individuals relocating over seas due to higher pay and better conditions and thus leaving a skill shortage. Forecast an organisations: labour demand - requirements, labour supply - availabilities, compare projections (labour demand and supply) to determine employment gaps, develop action plans to address the gaps. Internal scans e. g. provide adequate training and development, career opportunities, promotions etc. ) and: external scans (e. g. labour demand and supply, what are competitors doing, where can you find necessary hr skills that is needed etc. )
