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Class 2 - Commerce 392 Managing the Employment Relationship...

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Unformatted text preview: Commerce 392 Managing the Employment Relationship Professor Tom Knight Spring 2010 January 10, 2011 AGENDA: Who Needs Course Outline? Class Liaison NO OFFICE HOURS TUESDAY! iClicker Test: Who Are YOU? Quick Re-Set: Central Ideas of Course Video & Discussion How Do Financially Successful Organizations Manage Their Workforce? Managing the Employment Relationship January 10, 2011 Readings & Purchases Package at Bookstore: “Trendy’s Restaurants” HRM Simulation Manual iClicker HRM Simulation Registration Card Course Manual: Available at VISTA Site, Chapter by Chapter! Managing the Employment Relationship January 10, 2011 iClickers Register at VISTA Remember to Bring to Class! Keep Your Clicker ON (It May Shut Itself Off!) Pay Attention to Which Button You’re Pressing Only Vote ONCE! Managing the Employment Relationship January 10, 2011 iClicker Test I have an iClicker and seem to know how to use it. A = Yes B = No C = Maybe Managing the Employment Relationship January 10, 2011 What Year Are You? A = Year 2 B = Year 3 C = Year 4 Managing the Employment Relationship January 10, 2011 What Is Your Likely Option? A = Accounting B = Marketing C = Finance D = HRM E = General Managing the Employment Relationship January 10, 2011 What Is Your Age? A = 17 B = 18 C = 19 D = 20 E = 21 + Managing the Employment Relationship January 10, 2011 What Is Your Employment Experience? A = None B = Summer, Holidays Full Time C = Part Time Only D = Full Time for A Year or More E = Work in Family Business Managing the Employment Relationship January 10, 2011 Managing the Employment Relationship The central question: How does effective management of the relationship between employees & the employer contribute to business success? Managing the Employment Relationship January 10, 2011 Managing the Employment Relationship The Human Resources Management Balance Sheet: Maximize Value Creation + Minimize Costs, Risks & Losses Managing the Employment Relationship January 10, 2011 VIDEO: “The Royal Treatment” Managing the Employment Relationship January 10, 2011 Discussion Form Groups of 4 Where You Are What stood out to you in the video? How does the HRM approach at SAS add value? How does the approach reduce costs? Managing the Employment Relationship January 10, 2011 “Putting People First” – Geoffrey Pfeffer Seven HR Practices of Successful Organizations: Employment Security Selective Hiring Teams & Flatter Organizations Relatively High Compensation for Performance Extensive Training Reduced Status Differences Sharing of Information Managing the Employment Relationship January 10, 2011 Summary Prepare Trendy’s Restaurants for Wednesday (Readings Package – Bookstore) The Royal Treatment: SAS Balances Value Contribution with Pro-Active Cost Reduction Financially Successful Organizations Invest in Their Human Capital! Managing the Employment Relationship January 10, 2011 ...
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