MHR 523 Chapter Notes - Chapter 1: Human Resource Management, Strategic Management, Performance Appraisal

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Chapter 1: the strategic role of human resource management. Human resources management (hrm): the management of people in organizations to drive successful organizational performance and achievement of the organizations strategic goals. Human capital: the knowledge, education, training, skills, and expertise of an organizations workforce. It is crucial that the hr strategy be aligned with the companies strategic plan. The demands on hr staff and expectations regarding their role have evolved as hrm has changed. Hr practices have been shaped by society prevailing believes and attitudes about workers and their rights, which have evolved in three stages. Scienti c management: the process of scienti cally analyzing manufacturing processes, reducing production costs, and compensating employees based on their performance level. The human resources movement : concern for people and productivity. Human resources movement: focuses on people and productivity involved four evolutionary phases e. Hrm played a very minor or non existent role.

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