2. The Strategic Importance Of
Managing Human Resources
For every organization human resources are like
thier assests so it should be treated very carefully
and effectively. Today’s most competitive
organizations are working to ensure that now and
a decade from now they have employees available
who are eager and able to address key competitive
challenges. İn other words every organization
wants to attract and retain potential and talented
employees to work for them at top level. So along
with other factors effecting the success of an
organization it is very dificult to succeed without
managing human resources effectively.
3. Satisfying Multiple Stakeholders
An organization’s approach to managing human
resources is central to its ability to satisfy its many
stakeholders.
Who Are The Stakeholders?
1. Owners & Investors
2. Customers
3. Society
4. Other Organizations
5. Organization Members
5. A Framework For Managing
Human Resource
The centre part of the framework are the activities for
managing human resources like recruitment,
selection,compensation, performance measurement,
training, and so on. These activities are important
because they partly determine how well a company
satisfies the concerns of its multiple stakeholders and
are shaped by various forces in the external
environment and by several organizational factors.
7. The Human Resource Triad
HR Professionals
Whether a company
chooses its human
resources policies and
practices systematically
or somewhat haphazardly,
those policies and
practices can have
powerful effects. Ensuring
that those effects are
positive rather than
destructive requires the
involvement of three key
Line Managers All Other Employees
players.
8. Five Special Themes
In managing people and organization today, many
common themes seem to pop up all the time. These
themes are important because they help shape and
influence human resource management policies and
practices, and thus how companies manage their
employees.
These five themes are:
1. Managing Teams
2. Managing Multicultural Workforce
3. Managing Globalization
4. Managing Ethics
5. Managing With Metrics
