MGT501 Midterm Highlighted Handouts by Zunaira

a, Accommodation to workers’ needs

ne perce

aap

i accommodate thet personal needs by

av chald scare and der-care assistance

eso eh

b. Increased complexity of the Managet’s job ee. has become an increasingly complex_and

demanding

Spe scenic

ria for assistance

Sais omsce feta uc

eon

n resource Uepattiment in mate

ms car

om oe eee

Sao peomonod.

* od ig Nis tslledl tasked hs - ——o aan Rivne secre atta ARPRO TIE (Cre

cs Pking eu Sa with HRM? — co neemed

Zz er avoid common personnel mistakes ivi

lie organization resources in sucha way that helps. · ‘avoid sommon.pemonnel, · a · Rr pera face cb · Eapegenany bie nirnover

best

enn eo Pe

3. Helps you to gain Competitive Advantage

Among all the resources possessed by-the organizations

ut is only Manpower or the Human. resources that create _

the seal

difference. Because gil · oranizanons · can have the same nechnology,

t rbcy_can_possess same type of financial resources, same sort of mw maternal can be used to produce the goods and services. yut_the ongguizahonal source that can really create the difference ts work force of the oranizanon. Therefore they are the main sources of innovandn creapvity in the oreanmanans that can be used as a compentive advantage lo today's competitive environment, these are the people which can create compentive advantageous for the CMDELELLE A EROTS The word around us is changing No longer can we consider gur share of the “good Life” given. If we are to maintain some semblance of thar life, we as individual, as

organizahons, as society will have to fight actively for it an

mensingly compeutye piobal

erovronmen i Ofganizanons are able to mange its work force sfficiently/cticctively this will be benefical for all stakeholders (Orgarazanon, Employees and Society).

be performance of employees in desirable direction in · Se er · Through the efforts of others working in an organization,

managers get things done that require effective human resource management.

Having your company taken to court because

of your

_Haying your company cited under federal occupano

pooereimemaer =e Soa

your department's effectvencss.

of Managing Human Resource

in presen era GO

He

Tes

fe rane ane ery.

Successful HRM

s Organization: High evel of pretiabumy. Higheronnvaliolenper: employee. High morkel value,

s Employee: Mom employment security, Mom job opperntunition, High wages

a Soclety: tlevating the slandard of living, iengihening #thical guidelines,

én · Human Resource · ESSENTIALS OF MANAGEMENT · LESSON OUTLINE

After studving this chapter, srudents should be able to

i

Management · Concepts and Essential of · Management and its relationship with HRM · understand the followtng: · LESSON OVERVIEW · ae

This lecture discusses the management process and tts rote mm the organizanon. Ta start with,

ra] through the tuncoons

of mungement as well

define the Management and then we will

herween management and FIRM

A. Concepts and Essential of Management

The Management

P

boon Hood Muay rs

do those things both effectivels and eftiaently,

To beater

wusnas

. To be gia is

ae ees OURCES

“that is, 0 make the

‘eat possible use of money, fume, matenals, and people r

fl Some managers fail on both cnterna, of bocud on One at the e

expense of another The best managers maintain a clear focus on both effectiveness and efficiency

ii. The Functions of Management Whar can managers de to be effective and efficient? The om wide ranety of acnvines

These uctivities, described below, are the wacioonal functions of management

a Planning

¥ Planning isspeciiying

the goals to be achiewed and

deciding an

those goals Plgoning activities

ictal

ceca etna a roar ea hy

th LeMLeris pt Sint

a ee

penne