MGT501 Midterm Notes by Sonu Ilyas

MGT501 HUMAN RESOURCES MANAGEMENT

SHORT NOTES FROM LEC 1 TO 22 BY SONU ILYAS

PLANNING

Planning is specifying and deciding of appropriate actions in advance to achieve the goals.

Organizing is the coordination of all organizational resources needed to achieve the goals.

LEADING

Leading is directing, encouraging, motivating and communicating with employees, individually and in groups. Controlling means to get job done in the given time?

EFFICIENCY

It is a ratio of input and output. (Doing things right).

EFFECTIVENESS

It is the degree to which the organizations output correspond to the needs and wants of the external environment.

SYNERGY

This concept states that the whole is greater than the sum of its parts. e.g. 2+2=5 (fifth unit is synergic affect)

PERSONALITY

The unique combination of physical behavior/traits that describes a person?

PERCEPTION

Perception is the mental process to pay attention.

ATTITUDE

It consists of feelings, believes and behaviors?

ETHICS

Rules and principles that define right and wrong conduct. STAKE HOLDERS

All individuals and groups that are directly or indirectly affected by an organization’s decision.

INDIVIDUALS

Individuals are important units of any organization.

PROACTIVE RESPONSE It involves taking action in anticipation of environmental changes

REACTIVE RESPONSE It involves simply reacting to environmental changes after they occur.

AUTHORITY It is the right to make decisions, to direct the work of others, and to give orders.

EXECUTIVES Executives are the top-level managers who report directly to the corporation’s chief executive officer.

HR GENRALIST Are people who perform tasks in wide variety of human resource related areas.

HR SPECIALIST