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Human Resource Management (HRM)
responsible for managing the most valuable asset → people
involves:
Acquiring, training, appraising, and compensating employees
Recruiting top talent and providing development opportunities
Attending to employees’ labor relations, health, and safety
Ensuring fairness and promoting equity and inclusion
The Management Process
Planning
Controlling
Organizing
Staffing
Leading
Planning (Management Process)
setting goals, developing strategies, and creating action plans to achieve organizational objectives
Controlling (Management Process)
monitoring performance, comparing results to objectives, and making necessary adjustments
Organizing (Management Process)
structuring resources, defining roles and responsibilities, and establishing communication channels
Staffing (Management Process)
Recruiting selecting, and inspring employees to achieve organizational goals.
Leading (Management Process)
Guiding, motivating, and inspiring employees to achieve organizational goals
The People side
Come back with this one and check what you need to know for this
Importance of HR fro Everyone
Avoiding Personnel Mistakes
Improving Profits and Performance
Career Advancement
Line Authority
Direct chain of command in an organization
Power to make decisions and give orders to subordinates
Line managers have direct responsibility for achieving the main objectives
Handle day-to-day people management tasks
Conduct performance evaluations and disciplinary actions
Staff Authority
Advisory in nature
Staff managers provide expert advice and support
No direct authority over employees outside their department
Offer specialized knowledge in recruitment,training,etc
Develop HR policies and guidelines