After studying this chapter you will be able to understand: Organizational design, factor influencing centralization & decentralization, contingency factors, common organizational designs, contemporary organizational designs. | Introduction to Management LECTURE 21: Introduction to Management MGT 101 1 Introduction to Management In lecture 20 we discussed Topics from Chapter 9: Organizational Design Factor influencing Centralization & Decentralization Contingency Factors Common Organizational Designs Contemporary Organizational Designs 2 Introduction to Management Today in Chapter 10 we will discuss Importance of HRM HRM Process Managing Human Resource Selection 3 Introduction to Management (Chapter 10) Chapter 10: Managing Human Resource 4 Introduction to Management (Chapter 10) Importance 5 Introduction to Management (Chapter 10) 6 As a significant source of competitive advantage People-oriented HR creates superior shareholder value As an important strategic tool Achieve competitive success through people by treating employees as partners To improve organizational performance High performance work practices lead to both high individual and high organizational performance. Introduction to Management (Chapter 10) 7 Self-managed teams Decentralized decision making Training programs to develop knowledge, skills, and abilities Flexible job assignments Open communication Performance-based compensation Staffing based on person–job and person–organization fit Examples of High-Performance Work Practices Introduction to Management (Chapter 10) HRM Process 8 Introduction to Management (Chapter 10) 9 Functions of the HRM Process Ensuring that competent employees are identified and selected. Providing employees with up-to-date knowledge and skills to do their jobs. Ensuring that the organization retains competent and high-performing employees. Introduction to Management (Chapter 10) 10 Introduction to Management (Chapter 10) 11 Environmental Factors Affecting HRM Employee Labor Unions Organizations that represent workers and seek to protect their interests through collective bargaining. Collective bargaining agreement A contractual agreement between a firm and a union elected to represent a . | Introduction to Management LECTURE 21: Introduction to Management MGT 101 1 Introduction to Management In lecture 20 we discussed Topics from Chapter 9: Organizational Design Factor influencing Centralization & Decentralization Contingency Factors Common Organizational Designs Contemporary Organizational Designs 2 Introduction to Management Today in Chapter 10 we will discuss Importance of HRM HRM Process Managing Human Resource Selection 3 Introduction to Management (Chapter 10) Chapter 10: Managing Human Resource 4 Introduction to Management (Chapter 10) Importance 5 Introduction to Management (Chapter 10) 6 As a significant source of competitive advantage People-oriented HR creates superior shareholder value As an important strategic tool Achieve competitive success through people by treating employees as partners To improve organizational performance High performance work practices lead to both high individual and high organizational performance. Introduction to Management .
