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Summary IB Business Management HL - Topic 2. Human Resource Management £2.55
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Summary IB Business Management HL - Topic 2. Human Resource Management

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The following document summarises Topic 2. Human Resource Management in a clear and concise manner. Topic 2 includes: 2.1 The functions and evolution of human resource management, 2.2 Organisational structure, 2.3 Leadership and management, 2.4 Motivation, 2.5 Organisational and corporate cultures ...

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  • Topic 2. human resource management
  • October 24, 2021
  • October 24, 2021
  • 16
  • 2021/2022
  • Summary
  • Secondary school
  • Bachillerato
  • 2
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,2. Human Resource Management

2.1 The functions and evolution of human resource
management
HR
planning having : the right types of employee and those that work
effectively y .




they have to make sure that their employees are in
jobs
for which they are

properly trained and properly suited recruited ,
to solve conflicts


labour turnover : the movement of employees in and out of a business
It
in a
given time
period . is used to measure a business's stability
Labour turnover =
number of staff leaving over a
year ✗ 100

of staff
average number
employed in a
year


High labour turnover lower + recruitment

motivation
:

productivity ,
and


training ,
-




External factors that influence HR
planning

Technological change
↳ Government regulations

Demographic changes
↳ Social trends

↳ The state of the economy


Changes in education


↳ labour mobility
Internal factors that influence HR planning

Changes in business
organisation

Changes in labour relations


Changes in business
strategy
↳ changes in business finance

, HR plan :




↳ recruitment :
identification application , ,
selection



training :
introduction ,
on
-



thejob , off thejob

appraisal formative summative 360 degree self appraisal
:
, ,
,




↳ termination or dismissal


Recruitment :

getting the
right person for the

right job
↳ Identification realizes needs : a new
employee

application : how to find the best aphcants
Selection the best for the
job
↳ :
applicant
Training Keeping the
employee up to date with
:



ideas and technology .




Importance of training :





improve quality of work


greater productivity




↳ motivate

↳ reduce labour turnover


Forms of training :




↳ Introduction

On the

job
- -




↳ Off the
- -



job

cognitive training :

thinking
↳ Behavioural training : emotional intelligence

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