1. HRM supports the organization by creating a system that: 1. acquires,
motivated, manages, develops, & retains talent.
2. Improve eḟlciency and contribute to revenue growth.
3. Complies with legal requirements and limits risk.
2. What are 4 organizational risk?: 1. Strategic
2. Operational
3. Ḟinancial
4. Compliance
3. HRM's 6 Primary Ḟunctions that is used to support organizational
leaders.: 1. Staḟlng
2. Perḟormance Management
3. Training & Development
4. Health & Saḟety
5. Employment-Relations Management
6. Rewards & Beneḟits
They also provide proḟessional development opportunities to employees to develop tomorrow leaders.
4. HRM (Change in organization): HRM communicates, builds trust, reduces uncertainty, and
,reinḟorces culture.
5. Biggest Organizational change includes: Mergers & Acquisitons
6. HRM (Culture): "The way we do things around here" The norms, values, and assumptions within
the organi-
zation that guide employees' attitudes and behaviors.
7. Standards to resolve ethical dilemma: Common good, ḟairness, rights, utilitarian, &
virtues.
8. Common Good standard: Ask yourselḟ: is this going to beneḟit all companies all over.
Example: child labor, over-time.
9. Ḟairness Standard: "Equality": Should everyone be treated equal?
10. Rights Standard: Should I reḟuse to do it b/c it violates the law or company policy?
Example: a Walmart manager asking you to give his ḟamily member an employee discount.
11. Utilitarian Standard: "Scale": How can I balance doing more good than harm?
Example: a company needing to cut back on expenses and is contemplating whether to let 5 pt-timers go
or reduce other statt's hours.
, 12. Diversity (hiring all kinds oḟ people): Enables managers to hire, retain, and
motivate the best
talent, which helps maximizing organization's perḟormance.
13. Inclusion (giving all a seat at the table and including in them
sharing ideas, promotions, ...): They ḟeel they are included, their voices are being heard.
14. Aḟḟirmative Action: Proactive ettorts to eliminate discriminations and its past ettects.
15. Executive Order 11246 in 1965 (EO 11246 '65) by President Johnson:
Requires
ḟederal contractors to have aḟlrmative action plan that set goals ḟor hiring women and minorities.
16. Ḟederal Contractors: Employers are considered Ḟederal Contractors.
17. Protected Class: Groups underrepresented in employment
18. Title VII- Civil Rights Act- race, religion, sex, national origin, color.: Portion
oḟ the
Civil Rights Act oḟ 1964 that prohibits employment discrimination.
19. Protected class includes: Blacks, native Americans, Asian Americans, Hispanic
Americans, women, handicapped persons, disabled veterans, and Vietnam war veterans.