Q1 - Module 2: Introduction to HR & Strategic Value of HR Flashcards
Human Resources (HR)
An integrated set of systems, practices, and policies in an organization that focuses on the effective deployment and development of its employees
Role of managers
Determining work and job design
Promoting a culture of well-being
Making hiring & firing decisions
Coaching & developing employees, reviewing performance, conflict management
Role of HR department
Develop leaders
Coach and educate managers
Provide advice, data & other tools to managers
Align HR strategies with business strategies
Role of employees
Managing UP
Leadership at all levels
Owning their development, performance, etc
Role of upper management
To be involved
Support initiatives
Lead by example
Make HR a priority and give them a seat at the table
Business strategy
A strategy that gives a business a competitive advantage or an edge over its competition
eg: productivity, price, quality, delivery, service