Chapter 1: Exploring Why HRM Matters to All Employees Flashcards
Define Human Resources Management
An integrated set of processes, practices, programs, and systems in an organization that focuses on the effective development and development of its employees
What are HRM processes and practices?
- Creating a culture of safe and healthy work environment
- Defining, analysing, and designing work
- Planning for, recruiting, and selecting the workforce
- Orienting, training, and developing employees
- Managing employee performence
- Rewarding and recognizing employees
- Relating to employees within diverse environment
Explain “Creating a culture of safe and healthy work environment”
Ensuring that the work environment creates a sense of well-being.
Explain “Defining, analysing, and designing work”
Determining what tasks need to be done, in what orders, with what skills, and how individual tasks fir together in work units
Explain “Planning for, recruiting, and selecting the workforce”
Ensuring that people in the organization are te right people with the right skills at hte right time the right place which means sourcing, attracting, and hiring people with the necessary skills and backgrounds
Explain “Orienting, training, and developing employees”
Providing the resources to assist employees in developing the necessary knowledge and skill sto do their jobs today and in the future.
Explain “Managing employee performence”
Ensuring that there are appropriate mechanisms in place to provide feedback to employees regulary. To ensure that the business objectives are being met
Explain “Rewarding and recognizing employees”
Developing and administering a veriety of rewards and recognition components, including pay and benefits, that will attract, retain and engage employees.
Explain “Relating to employees within diverse environment”
Ensuring that there are positive and constructive relation between employees and their supervisors or managers and/or union representatives.
Why study HRM?
- Organizations hire employees to do the work, and employees need to know the processes that affect them
- Line manager is key link between employee and organization
- Line manager needs knowledge and understanding of HRM and how practices influence the success of the organization
What is the line manager responsible for?
– Determining work and job design – Promoting a culture of well-being – Making hiring decisions – Coaching and developing employees – Reviewing performance
What is the HR professional responsible for?
– Aligning HR strategies with business strategies – Delivering services (i.e., recruitment) – Strengthening employee contributions – Managing change
What are the current business topics in organizations?
- Global economy
- Changes in firm and business sectors
- Technology and quality
- Sustainability
- Developing human capital and talent management
- Demographic and employee concerns
How does global economy impact the HRM and the people in organizations?
– Impact—> trade agreements and global markets
– Effect on HRM—> balancing a complicated set of issues related to different geographies, cultures, laws, and business practices
How does changes in firm and business sectors impact the HRM and the people in organizations?
– Continuing slow economy
– Consolidation and amalgamation of
businesses
– Increased competition
– U.S. companies entering (Nordstrom) and leaving (Target) Canada
– Managing costs through outsourcing and contractors
