1.2 What Is Human Resources Management? Flashcards
What is human resources management (HRM) beyond hiring, paying, and training people?
HRM is an integrated set of systems, practices, and policies focused on the effective deployment and development of employees to ensure organizational success.
How does HRM contribute to organizational success?
HRM ensures the organization has the right people, in the right places, doing the right things at the right time.
What happens when one HRM practice changes in an organization?
A change in one HRM practice impacts other systems, practices, and policies, as they are interconnected.
What does the term “employee” refer to in the context of HRM?
“Employee” refers to anyone working for an organization, regardless of the type of work or employment arrangement.
What is meant by the term “manager” in HRM?
A manager is any person with responsibility for, or authority over, other people. This includes roles such as team leaders, supervisors, and directors.
How are managers also considered employees in HRM?
Managers are employees with distinct roles and responsibilities, but they are also impacted by HRM systems, practices, and policies like any other employee.
Why is the term “human resources” significant in business?
It emphasizes that people are as critical to a business’s success as other key resources like money, materials, machinery, and information.
Why is managing human resources more complex than managing other assets?
Unlike other assets, people have multi-faceted needs and motivations, making human resources management a dynamic and complex field.