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Unformatted text preview: March 25, 2008 Managing Human Resources Human Resource Management (HRM) – the philosophies , policies , and practices that an organization uses to affect the behaviors of people who work for the organization. Philosophies include what you think you should do to manage your company. (how will we hire? How will we develop our workers? How will we globalize?) Policies are the set rules that will drive the company. Practices- what will the managers’ practice, such as fairness? Gaining a Competitive Advantage To gain sustainable competitive advantage through HRM three conditions must be met:- Employees must be a source of added value - Employees must be “rare” or unique in some way- Competitors must not be able to easily copy or imitate the company’s approach to HRM *The Legal and Regulatory Environment* Equal employee Opportunity (EEO) – job applicants and employees should be judged on characteristics that are related to the work that they are being hired to do and on their performance after being hired....
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This note was uploaded on 04/08/2008 for the course MGMT 371 taught by Professor Paschall during the Spring '07 term at Ole Miss.
- Spring '07
- Human Resource Management