Human Resource Management
PrewittMANA3320
Why study Human Resources Management?
Staffing and Selection Talent Management Employee Development Strategic Partner Employee Initiatives Motivation/Efficiency Competitive Advantage
Why Study HRM?
Challenges and Functions of HRM
© 2010 South-Western, a part of Cengage Learning. All rights reserved.
The most pressing competitive issues facing firms:◦ Competing, recruiting, and staffing globally◦ Embracing new technology◦ Managing change◦ Managing talent, or human capital ◦ Responding to the market ◦ Containing costs
1–5
Competitive Challenges and Human Resources Management
Competing with a global market Limited talent in the US
◦ “graduates in science, technology, engineering and math have flattened to roughly 225,000, well short of the estimated 400,000 needed by 2015”
1
Staffing employees in foreign sites Having programs that attract and retain key
talent Workforce Planning
Competing, Recruiting & Staffing
1 Fox, A. (2010).
Embracing Technology
Changes the way you can do business◦ Remote Locations◦ Flexible Work Schedules◦ Communication◦ Training◦ Performance Management
Transfer from touch to knowledge workers◦ Know the employees’ tech ability
Technology
HRIS◦ Recruiting
Job boards Interviews Filtering Applicants
◦ Benefits◦ Payroll
Job boards Interviews Filtering Applicants
Consider the cost savings!◦ Efficiency◦ Supplies
Technology Contd