Chapter 1: An Investment Perspective of HRM PDF

Summary

This document presents an investment perspective of human resource management, detailing sources of employee value and obstacles to organizational investment. It also outlines the HR value chain and factors influencing organizational investment orientations, providing a foundation of HRM for students.

Full Transcript

AN INVESTMENT PERSPECTIVE OF HRM Chapter 1 JEFFREY A. MELLO LEARNING OBJECTIVES  Understand the sources of employee value  Gain an appreciation of the importance of human capital and how it can be measured  Understand how competitive advanta...

AN INVESTMENT PERSPECTIVE OF HRM Chapter 1 JEFFREY A. MELLO LEARNING OBJECTIVES  Understand the sources of employee value  Gain an appreciation of the importance of human capital and how it can be measured  Understand how competitive advantage can be achieved through investment in employees  Understand the obstacles that prevent organizations from investing in their employees SOURCES OF EMPLOYEE VALUE A DILEMMA TYPES OF ORGANIZATIONAL ASSETS/CAPITAL HR VALUE CHAIN FACTORS INFLUENCING AN ORGANIZATION’S INVESTMENT ORIENTATION

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