Chap 1 Flashcards
Why is Human ressources important
its an important resource in coordinating the non human resources
what is the principal component of an org
its human resources or ppl at work
succes or failure of an org is dependent on who?
on the ability /quality of the ppl working there
why is it dependent on the ppl
because they are determinants and initiators of all activities in a given org
def ressources
assets or costs or an org
def management
coordination and control of resources to achieve set goals
def human resources
it refers to the knowledge, skills, creative abilities , talents and aptitudes obtained in the population
def human resources management
its the planning, organizing, directing and controlling of the procurement, development, compensation, integration,maintenance, separation of human resources to the end that individual, organizational and societal objectives are accomplished
how does hrm help managers
- helps them recruit, select,train and develop members
- facilitates effective utilization of human resources to achieve goals
- it deals w the design of formal systems in an org
why is hrm proactive rather than reactive
proactive cuz it looks forward to needs to be done then doing it and not reactive in way where it doesnt wait to be told what to do
what are the characteristics of HRM
- comprehensive
- people oriented
- action oriented
-future oriented - challenging function
- continuous function
- pervasive function
- science as well as an art
- globally oriented
- auxiliary service
- inter-disciplinary function
what are the stages of HRM evolution
- the commodity concept
- the factor of production concept
- paternalistic concept
- the humanitarian concept
- the behavioral human resource concept
- the emerging concept
what are the 4 dimensions of HRM’s importance
corporate, professional, social and national
what are the owners obj
required their employees to contribute to the profitability of their organization through the satisfaction of customers
what are the employees obj
- Adequate income
- Security
- Pleasant working condition
- Room for growth and development , and
- Better quality of work life
