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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.
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.
SWOT analysis is a tool for strategic planning and management that evaluates the strengths, weaknesses, opportunities and threats of a business or project. Learn how to conduct a SWOT analysis, see different strategies based on the results, and explore its applications in various fields and contexts.
The function of human resources management is to provide the employees with the capability to manage: healthcare, record keeping, promotion and advancement, benefits, compensation, etc. The function, in terms of the employers benefit, is to create a management system to achieve long-term goals and plans.
The resource-based view (RBV) is a managerial framework that focuses on the firm's internal resources and capabilities to achieve sustainable competitive advantage. RBV proposes that firms are heterogeneous and can adopt different strategies based on their resource mix, and that resources should be valuable, rare, imperfectly imitable and non-substitutable (VRIN criteria).
A chief human resources officer (CHRO) or chief people officer (CPO) is a corporate officer who oversees all aspects of human resource management and industrial relations policies, practices and operations for an organization. Learn about the roles, responsibilities, evolution and path to becoming a CHRO.
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