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Human Resources Managment - Coggle Diagram
Human Resources Managment
Concept: It is the management function of using and developing people within a business to meet its organizational objectives.
Human Resources Planning:
.
.
Internal Factors
.
Changes to business finance
Changes in business organization
Changes in labour reactions
Changes in the business strategy
External Factors
.
Government Regulations
Demographic Change
Social Trends
State of the economy
Changes to education
Labour Mobility
Technological Change
Appraisal
Formative Method
Sumative method
360 degree
self - appraisal
Changes in Work Patterns, Practices and Preferences
Work Patterns :
refer to the types of jobs required by businesses as well as the types of jobs people want.
Changes in work Practices :
Demand Flexibility
Preferences:
Career Breaks
Job Share:
Downshifting:
.
Outsourcing
It is the practice of transferring internal business activities (functions) to an external firm as a method of reducing costs.
Outshoring
When a business outsources a process or service to another country in order to reduce costs.
Reshoring
Re-shoring is the reversal of offshore outsourcing, i.e. the transfer of business operations back to their countries of origin.
The Human Resources Plan:
Selection:
Application:
Recruitment:
Training
On - the - job
Off-the-job
Induction
Termination, dismissal and redundancy.
Termination
Redundancy
Dismissal:
Voluntary
Involuntary:
Identification
Daniel Terán, Francisco Adum