MGMT_365_LECTURE_1

Mgmt 365 lecture 1 mgmt what impact should the

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Unformatted text preview: ctivity and high costs. costs. MGMT 365 Lecture 1 MGMT Future trends that will influence HRM Future activities are: activities the increased globalization of the economy the changing technology changing the need to be flexible to changing business the environments environments increases in litigation related to HRM increases changing characteristics of the workforce changing more emphasis on “bottom line” contribution. more MGMT 365 Lecture 1 MGMT HRM may be required to develop programs HRM to: to: better train employees in tune to globalization many customers from different countries many training for customer service representatives. training application of different laws for fair treatment application compliance. train employees to work with the changing train technology. use the changing technology to job match, use interview, MGMT 365 Lecture 1 MGMT HRM may be required to develop programs HRM to: to: apply workforce reduction requirements retrain employees that are cut due to the retrain technological change, technological outsourcing activities A multisource performance appraisal and multisource feedback is also known as 360 degree performance appraisal and feedback. performance MGMT 365 Lecture 1 MGMT Why is the support of line management critical to Why the effective functioning of HRM ? the without cooperation from line management, HRM without activities are likely to fail. activities Why does the number of qualified applicants for Why strategic positions relate to corporate effectiveness? The number of qualified applicants for strategic The positions is considered a leading indicator for an HR department and the organization. HR MGMT 365 Lecture 1 MGMT What are the sources of uniqueness that can aid a What company seeking competitive advantage? company financial or economic capability strategic or product capability strategic technological or operational capability organizational capability. organizational Organizational design is concerned with establishing Organizational departments and work processes based on organizational. organizational. MGMT 365 Lecture 1 MGMT What are the sources of uniqueness that can aid a What company seeking competitive advantage? company financial or economic capability Ford and GM have a high “legacy” costs strategic or product capability strategic technological or operational capability organizational capability. organizational Increasing globalization of the economy and a Increasing growing competitive work environment with a premium on product and service quality is one of the trends enhancing the importance of HRM. trends MGMT 365 Lecture 1 MGMT REFERENCE Bernardin, J. H. (2007). Human resource Bernardin, management: An experiential approach. McGrawmanagement: Hill Irwin: NY, NY...
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