prewitt mana3320. staffing and selection talent management employee development strategic...

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