Chapter 1 - The Strategic Role of Human Resources Management

Document Details

Uploaded by Deleted User

Tags

human resources management strategic management organizational behavior business administration

Summary

This document outlines the strategic role of human resources management, covering topics such as metrics, organization, certification, outsourcing, and strategic planning. It also explores the significance of globalization and allyship in modern organizations.

Full Transcript

**[Chapter 1 -- The Strategic Role of Human Resources Management]** Metrics - Statistics used to measure activities and results Organization - A group consisting of people with formally assigned roles who work together to achieve the organization's goals Certification - Recognition f...

**[Chapter 1 -- The Strategic Role of Human Resources Management]** Metrics - Statistics used to measure activities and results Organization - A group consisting of people with formally assigned roles who work together to achieve the organization's goals Certification - Recognition for having met specific professional standards Outsourcing - The practice of contracting with outside vendors to handle specified business functions on a limited term or permanent basis Secondary Sector - Jobs in manufacturing and construction Strategy - A course of action the company can pursue to achieve its strategic aims Management Process - Involves completion of five functions in an organization: planning, organizing, staffing, leading, and controlling Globalization - The emergence of a single global market for most products and services Allyship - Actively supporting people from marginalized groups by using one's power or privilege to amplify unheard voices and advocate for oppressed people Strategic Plan - The company's plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage Human Resources Management - The management of people/employees in organizations to drive successful organizational performance and achievement of the organization's strategic goals

Use Quizgecko on...
Browser
Browser