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Learn about the history, theory, and practice of human resource management (HRM), the strategic and coherent approach to the effective and efficient management of people in an organization. Explore the roles, functions, and challenges of HR professionals and the impact of HRM on business performance and competitive advantage.
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. HR department performs human resource management, overseeing various aspects of employment, such as hiring, evaluating, compensating, and developing employees.
Competence is the set of demonstrable characteristics and skills that enable and improve the efficiency or performance of a job. Learn about the different definitions, meanings, and uses of competence in human resource management, as well as the history and evolution of the term.
Learn about the guidelines and principles that an organization adopts to manage its people. Find out the purposes, processes, and types of HR policies, and how they relate to human resource management functions.
SHRM stands for Society for Human Resource Management, a global organization that promotes the HR profession and provides education, certification, and networking to its members. SHRM also conducts research, lobbies Congress, and offers products and services to its 325,000 members in 165 countries.
Learn about the history, methods, and goals of training and development, which involve improving the effectiveness of organizations and individuals. Find out how training and development are related to adult education, psychology, human resources, and instructional design.
Learn about the process and stages of strategic human resource planning, which identifies current and future human resources needs for an organization. The three key elements of the HR planning process are forecasting labour demand, analysing present labour supply, and balancing projected labour demand and supply.
Human capital is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Learn about its history, types, and impact on economic growth and welfare.
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