Political Science

Mgt 3530 – HR

Ch 1 – Intro to Strategic HR

Notes, Takeaways, and Key Points

Goals for Chapter 1

1. Explain what human resource management (HR) is.

2. Discuss why you should care about HR (even if you don’t care about HR)

3. Identify key HR functions

4. Describe how the field of HR has evolved over the years to become perceived as a strategic partner to organizations

5. Discuss how HR can be used to help support the organization’s strategy.

I. Introduction – What is HR?

A. Most leaders agree that a critical factor (if not the most important factor) to a company’s success is people.

B. Stay

Perform

Specifically, companies need people who will

1. Perform at a high level

2. Fit

Fit with the job and organization

3. Stay for a long time

I think of these three factors as legs on a three legged stool…if you cut off one of the legs of the stool, the stool will fall…same principle applies here – if we’re missing one of the key elements of performing, fitting, or staying, we’re not utilizing our people in the most effective way.

C. HR is what allows us to get people who will perform, fit, and stay

D. HR Defined: the organizational function responsible for attracting, hiring, developing, rewarding, and retaining talent…

4. Goal of HR = help the organization meet its strategic goals through the effective management of its people

E. Text: HR impacts organizational performance by influencing:

5. What employees SHOULD do

a. ORG STRATEGY helps us identify needed competencies

i. EX: Wal-Mart requires different competencies than Nordstrom

ii. HR can then plan how to find, attract, select, and develop these

a. LAWS and REGULATIONS govern many employment practices

iii. HR can then

1. Ensure practices are legally sound

2....