HRM Objectives Flashcards
What is Human Resource Management (HRM)?
It’s about how people are managed by a business in order to meet the strategic objectives of the business.
What is the definition of business aims?
Overall, long them goals of the business. Normally includes profit, growth, market share, survival.
What is the definition of business objectives?
The stated, measurable targets of how to achieve business aims.
What is the definition of HR objectives?
An objective set for the HR department to help achieve business objectives and aims.
What is an example of a business aim, business objective and HR objective?
Aim = Growth
Business objective = enter into overseas market within three years
HR objective = Design and implement training programme regarding cultural differences OR match workforce need by recruiting 15 extra marketing staff before launch to Asia.