TAILIEUCHUNG - Lecture Fundamentals of human resource management (11th Edition): Chapter 1 - DeCenzo, Robbins, Verhulst

After reading chapter 1, you should be able to: Define human resource management, and explain how HRM contributes to an organization's performance; identify the responsibilities of human resource departments; summarize the types of skills needed for human resource management; explain the role of supervisors in human resource management. | Chapter 1 The Dynamic Environment of HRM Strong employees = competitive advantage. HRM is a subset of management. It has five main goals: Goals of HRM hire employees attract employees retain employees motivate employees train employees Introduction 2 HRM helps employees understand other countries’ political and economic conditions. HRM operates in a global business environment Countries have different values morals customs political, economic, and legal systems Understanding Cultural Environments 3 Exhibit 1-1: Cultural Values TOP 10 LEAST-FREE COUNTRIES North Korea Zimbabwe Cuba Libya Eritrea Venezuela Burma Dem. Rep. of Congo Iran Equatorial Guinea The Heritage Foundation’s Index of Economic Freedom rates 179 countries on openness to trade, business, investment, and property rights. The . was #10 in 2012. North Korea is the most repressed. 2012 Country Rankings, see TOP 10 FREE COUNTRIES Hong Kong Singapore Australia New Zealand Switzerland Canada Chile Mauritius Ireland United States Understanding Cultural Environments 5 Globalization (1492-1800) Driven by transportation Globalization (1800 -2000) Driven by communication Globalization (2000 -????) Driven by technology fueled by instant communication and the Internet. Globalization (1800 -2000) Driven by communication Globalization (2000 -????) Driven by technology Globalization (1492-1800) Driven by transportation Globalization (1800 -2000) Driven by communication Globalization (2000 -????) Driven by technology Globalization (1492-1800) Driven by transportation Globalization (1800 -2000) Driven by communication Globalization (2000 -????) Driven by technology Globalization (1492-1800) Driven by transportation Globalization (1800 -2000) Driven by communication The Changing World of Technology HRM operates in a technologically changing environment Thomas Friedman: 6 Learning as a Way of Being by Peter B. Vaill Thinking .

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