Human Resources Management Overview

Course Introduction

• Brandon University acknowledges the traditional homelands of Dakota, Anishanabek, Oji-Cree, Cree, Dene, and Metis peoples.
• Course engagement includes a prize for correctly answering quiz questions via email.
• Key administrative details like withdrawal dates and participation requirements are highlighted.

Professionalism Expectations

• Arrive on time; late arrivals must enter quietly and may impact participation marks.
• Active participation is mandatory; students are encouraged to share thoughts.
• Respectful behavior is crucial; no talking during lectures or discussions.
• Phones must be silenced and personal belongings stored away during assessments.
• Essential materials include pencils for Scantron sheets, with specific rules on restroom use during assessments.

Understanding Human Resources (HR)

• Common misconceptions about HR include views that it strictly hires/fires, lacks business understanding, avoids math, and serves as a roadblock.
• HR's primary functions involve managing people in organizations to enhance performance and strategic goal achievement.
• Effective HR practices include finding talent, developing human capital, and creating productive work environments.

Human Capital Overview

• Human capital encompasses the workforce's knowledge, skills, and education, vital for organizational success in a knowledge-based economy.
• Investment in human capital development is crucial for profitability.

Risks of Poor HR Practices

• Consequences of ineffective HR include poor hiring choices, discrimination lawsuits, high turnover, salary discrepancies, inadequate training, and ineffective labor practices.
• Ineffective HR can lead to wasted resources on inefficient recruitment.

Evidence-Based HR Management

• Modern HR relies on data-driven decision-making, utilizing metrics to assess the effectiveness of HRM practices.
• HR metrics correlate with organizational outcomes like productivity, market share, and profits.

Characteristics of HR as a Profession

• A Chartered Human Resources Professional (CPHR) must possess knowledge, adhere to performance standards, and follow a professional code of ethics.
• Continuous skill development and maintenance of professional competence are required.
• Different professional designations exist in Ontario (CHRP, CHRL, CHRE).

Next Steps for Students

• Log into Moodle for course resources; purchase the e-text and read Chapters 1 and 2.
• Upcoming assessments include a Unit 1 assessment worth 15% scheduled for September 19th.