Week 5: Organising and managing people

Question 1

What makes HRM functions strategic?

Answer 1

o Human capital: potential of employee knowledge and actions
o Knowledge workers: potential brain workers
o Social capital: potential of strong and cooperative relationships
o Purpose to get optimal work performance to help realise company’s mission and vision

Question 2

HR run by?

Answer 2

HRM specialists (not managers)/HRM managers (oversee work of HRM specialists)/ managers from any function e.g. sales manager

Question 3

What do main HRM functions/activities involve?

Answer 3

Recruit candidates
Review application, interview, inducting
o Decision about employee training, career advice
Orientation
Evaluate employee performance
Objective appraisal
Subjective appraisal
Effective performance appraisal
Compensation
o Promotion, transfer, disciplining and demotion, dismissal