CONTEMPORARY HUMAN RESOURCE MANAGEMENT

PART A: INTRODUCTION TO HUMAN
RESOURCE MANAGEMENT

PART B: THE CHANGING WORKFORCE

3.1 HRM CONCEPTS

THE FUNCTIONS OF HRM

Herzberg’s motivation-hygiene theory

hygiene factors

(motivator) factors

Needs identification

Recruitment
.

Selection.

Induction.

Development

Exit

3.2 MAKING BUSINESS SENSE OF PEOPLE
MANAGEMENT ISSUES

HUMAN CAPITAL

INTELLECTUAL CAPITAL

CORPORATE SOCIAL CAPITAL

Group cohesion

Brokerage

HUMAN SIGMA

CORPORATE CULTURE

Cultural Analysis

observable culture

shared values

common assumptions

The Functions of Organisational Culture for its Members

External adaptation

Internal integration

CULTURE AND CHANGE

SENSEMAKING

3.3 HR IN STRATEGIC MANAGEMENT

STRATEGY IMPLEMENTATION

ATTRACTING A QUALITY WORKFORCE

The Recruiting Process

External and Internal Recruitment

Realistic Job Previews

THE EMPLOYEE VALUE PROPOSITION

Maslow’s hierarchy of needs

Self-actualisation needs

Esteem needs

Social needs

Safety needs

Physiological needs

TALENT MANAGEMENT

Workforce planning

Recruiting

Applicant tracking

Onboarding

Performance management

Remuneration

Workforce development

Career and succession planning

THE NEW ERA OF EMPLOYEE ENGAGEMENT

Recruitment

Socialisation

Training and development

Job design

Role alignment

Organisational support

Reward and recognition

Communication

DEVELOPING AND RETAINING TALENT

FUTURE HRM

3.4 MANAGING DIVERSITY

Positive Impact of Diversity

Diversity broadens your vision

Diversity strengthens capability

Diversity encourages teams to evolve and grow

Diversity also drives customer satisfaction

Diversity improves the bottom line

GENDER DIVERSITY IN THE WORKPLACE

AGE DIVERSITY IN THE WORKPLACE

baby boomer generation (born 1946 to 1964)

Generation X (born 1965 to 1981)

Generation Y members of the workforce (born 1982 to the mid 1990s)

Generation Z is the newest generation entering the workforce (born 1997 to 2012)

Generation A (Alpha) (born from 2012 to at least 2025 and maybe later)

Implications of Age Diversity

CROSS-CULTURAL DIVERSITY

Cultural dimensions

Low-context cultures

High-context cultures

Individualist cultures

Collectivist cultures

Low power–distance cultures

High power–distance cultures

The stages of acquiring cultural competence

Denial

Defence

Minimisation

Acceptance

Adaptation

Integration

FAIR TREATMENT IN THE WORKPLACE

Unfair Discrimination

Sexual Harassment

Workplace Bullying

cyberbullying

3.5 DEVELOPING FUTURE LEADERS, SUCCESSION
PLANNING AND BUSINESS EXIT

DEVELOPING LEADERSHIP POTENTIAL

SUCCESSION PLANNING

BUSINESS EXIT

PART C: THE CHANGING NATURE
OF WORK

3.6 THE CONTINGENT WORKFORCE

MANAGING THE CONTINGENT WORKFORCE

LEGAL ISSUES

3.7 AN OFFSITE WORKFORCE

TELEWORKING

The Defining Issue: Trust

Why Organisations Choose Teleworking

Does it Actually Work?

The Opposing View

The Impact on Employees

The Impact on Employers

Evaluation

A GLOBAL WORKFORCE

Offshore Outsourcing

VIRTUAL TEAMS

FUTURE OF HYBRID WORKING

TOOLS AND TECHNOLOGIES FOR REMOTE WORKING

FLY-IN, FLY-OUT

3.8 AUTOMATION

COBOTS

THE BUSINESS CHALLENGE FROM IA

PART D: KNOWLEDGE SHARING

3.9 WHY BUSINESSES USE KNOWLEDGE SHARING

THE ACCOUNTANT AND KNOWLEDGE SHARING

3.10 KNOWLEDGE-SHARING PROCESSES
AND TECHNOLOGIES

COMMUNITIES OF PRACTICE

Collaboration

The Art of Conversation

Expertise Location

Intranet

3.11 HOW BUSINESSES USE
KNOWLEDGE SHARING

3.12 CHALLENGES

Culture

KNOWLEDGE SHARING AND CULTURAL ISSUES

Motivation

Security

3.13 MEASURING THE BENEFITS

PART E: THE ACCOUNTANT IN PEOPLE
MANAGEMENT

3.14 WHY SHOULD ACCOUNTANTS KNOW
PEOPLE MANAGEMENT?

COST

ASSETS AND KNOWLEDGE

RELATIONSHIPS

3.15 ACCOUNTANT ROLE CONCEPTS IN
PEOPLE MANAGEMENT

PROVIDING ADVICE

COMMUNICATION

EMPLOYEE ENGAGEMENT

DECISION MAKING AND ISSUE RESOLUTION

EVALUATING THE IMPACT OF
HARD-TO-MEASURE INITIATIVES