TAILIEUCHUNG - Lecture Fundamentals of human resource management (5/e) - Chapter 2: Managing human resources

After reading chapter 2, you should be able to: Describe trends in the labor force composition and how they affect human resource management; summarize areas in which human resource management can support the goal of creating a high-performance work system; define employee empowerment, and explain its role in the modern organization; identify ways HR professionals can support organizational strategies for quality, growth, and efficiency. | FUNDAMENTALS OF HUMAN RESOURCE MANAGEMENT 5TH EDITION BY . NOE, . HOLLENBECK, B. GERHART, AND . WRIGHT CHAPTER 2 TRENDS IN HUMAN RESOURCE MANAGEMENT Change in the Labor Force Generations Figure : HRM Practices That Support Diversity Management Table HRM Applications for Social Networking Total Quality Management (TQM) Outsourcing Outsourcing – the practice of having another company (a vendor, third-party provider, or consultant) provide services. Outsourcing gives the company access to in-depth expertise and is often more economical as well. HR helps with a transition to outsourcing. Electronic Human Resource Management (e-HRM) CHANGE IN EMPLOYMENT RELATIONSHIP Summary An organization’s internal labor force comes from its external labor market . labor market is aging and becoming more racially and ethnically diverse. Organizations must recruit from a diverse population, establish bias-free HR systems, and help employees understand and appreciate cultural differences. HRM can help organizations find and keep the best possible fit between their social system and technical system. Summary (continued) HR professionals should be familiar with the organization’s strategy and may even play a role in developing the strategy. Specific HR practices vary according to type of strategy. Organizations with international operations hire employees in foreign countries where they operate, so they need knowledge of differences in culture and business practices. .

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