MGT3320EXAM1

MGT3320EXAM1 - Ch.1 Changing Nature of HR 09:36:00 ← HR...

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Unformatted text preview: Ch.1 Changing Nature of HR 24/01/2011 09:36:00 ← HR MGT Challenges ← Globalization of Business • Need to be able to understand norms, values, and laws of other countries • Be aware of terrorism and threats ← ← Economic and technological change ← Occupational shifts • 50 years ago we were a manufacturing based country predominately, now the country is predominately service based industries • In coming years, job growth in technology and healthcare • But these are low paying jobs for most part ← Workforce availability/quality • A lot of people in the labor market don’t have the skills/abilities that employers need and are looking for ← Contingent workforce • Contingent = leased employees, part timers, interns, or contracted employees • Employers like contingent workforce since it allows them to fill in the gaps, and then when there is a downturn they can lay off employees without harm ← Technological/Internet • The speed of technological change is an issue for employers • Employees are connected to their jobs around the clock, which can create work life stress by overwhelming people and burning them out • Managers need to learn how to manage virtually ← ← HR MGT Challenges ← Demographic and diversity ← Racial and ethnic • Bring their traditions and cultures into the workplace, which can create issues ← Women • Half of the workforce is female • Half of woman in the workforce are the main breadwinner in their household • Sexual harassment is a huge concern • Also, balancing worklife and homelife balance ← Aging • The US has an aging population and workforce • Concerns caused by aging employees include increase in sickness, increases in healthcare costs, and capturing the knowledge and experience of retiring employees and finding their replacements ← ← Cost Pressures and Restructuring ← “Doing more with less” • companies are rightsizing (= aka downsizing) • companies are restructuring, mergers, and getting leaner and meaner by downsizing and cutting the fat ← ← Roles of HR ← Administrative • Record keeping • Where it all started with welfare secretaries • Today it is automated or outsourced (i.e. payroll and background checks) ← ← Operational/Employee Advocate • Work that upper management tells HR to do (such as developing plans) • HR supports managers by doing these operational tasks • Employee advocate stereotype that all HR does is help the employees along by holding their employees hands • HR often steps in on behalf of the employee ← ← Strategic • Becoming less and less administrative and more strategic...
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This note was uploaded on 09/13/2011 for the course MGMT 3329 taught by Professor Wolfe during the Spring '11 term at LSU.

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MGT3320EXAM1 - Ch.1 Changing Nature of HR 09:36:00 ← HR...

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