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