Contents 1. Introduction: 2 2. Strategic Human Resource Management Practices in Samsung: 2 2 a. Samsung overall introduce 3 2.b HRM challenge in Samsung 3 2 .c Samsung strategies 4 3. RECRUITMENT AND SELECTION 5 4. Career management and development 6 4.a HTP concept 7 5. Rewarding 8 6. DIVERSITY AND EQUAL OPPORTUNITY 9 7. Employee welfare 10 Employee wage and welfare 10 Support for housing 10 Children’s education 10 Medical support 11 Support for retirement 11 8. Contribution to the national economy
Premium Human resource management Lee Kun-hee Samsung Group
Executive Summary Nowadays‚ Strategic Human Resource Management becomes very important for the organizations in the business world environment. The purpose of this assignment is about what the Strategic Human Resource Management (SHRM) is and why SHRM is so important? How is human resource management (HRM) strategic to a firm’s viability and how it might help to lay a basis for sustained competitive advantage? And what are the strategies for the managers to pursue their goals for labor productivity
Premium Human resource management
History of Human Resource Management Overview of Human Resource Management By definition‚ Human Resource Management (HRM) is the strategic and coherent approach to the management of organizations most valued assets; specifically the people working there whom individually and collectively contribute to the achievement of objectives of the business. Simply it is the process of employing people‚ developing their capacities‚ utilizing‚ maintaining and compensating their services in tune with the
Premium Management Strategic management Organization
Strategic Human Resource Management Lo 1: Understand how the strategic management of human resources contributes to the achievement of organization objectives. Importance of Strategic Human Resource Management Strategic human resource management is the process of integrating human resources function with the strategic objectives of the organization. In‚ order to achieve organization goal. The next section explores how human resource management has been modified to reflect the step changes
Premium Human resource management Strategic management Human resources
recruitment – The term internal recruitment is defined as the practice of choosing amongst current company workers to fill a position that falls vacant over time. This may include a change in profile on the part of the employee. Internal recruitment is more economical and less time consuming for the company. External recruitment – In contrast‚ external recruitment has to do with external candidates applying for an available position. Once the staffing requirements are determined‚ an organization has
Premium Recruitment Human resource management Employment
GUEST EDITORS’ INTRODUCTION GROWTH AND GLOBALIZATION: EVOLUTION OF HUMAN RESOURCE MANAGEMENT PRACTICES IN ASIA ARTHUR YEUNG‚ MALCOLM WARNER‚ AND CHRIS ROWLEY In this introductory note‚ we offer an overview of how human resource management in Asian countries and corporations is evolving in the face of rapid business growth and integration into the global economy and we describe how the articles in this Special Issue contribute to new knowledge and insights regarding key issues‚ challenges‚ and evolution
Premium Human resource management Management
What is more important‚ your life‚ or a text your friend sends you? Are you careful when you drive‚ or do you neglect other drivers around you? Cell phones are an incredible invention‚ giving us the opportunity to communicate with others and have all the information at our fingertips. However‚ they can also be deadly‚ especially when combined with driving. Driving requires concentration‚ and a cell phone disrupts that concentration‚ even if it’s for a split second. While driving and texting are both
Premium Text messaging Mobile phone Automobile
wellness company. The company employs more than 280‚000 people and has 456 factories in 84 countries. Nestlé products are sold in almost every country in the world. Founded in 1866 in Vevey‚ Switzerland‚ where it is still based‚ Nestlé has often been called “the multinational among multinationals”. Only about 1.5 percent of its sales are generated in its home country‚ and all but 12 of its factories are situated abroad. The CEO is Paul Bulcke‚ and the General Management includes a Belgian‚ two Canadians
Premium Human resource management Human resources
noon‚ 22th Dec 2012. Week 15‚ Saturday Late Submission : Please note there will be a penalty of 10% of the allocated marks for assignments submitted after the said time and date of submission Length of work : This assignment should NOT be less than 500 words for each component. Task : 1- Draw Maslow’s hierarchy of need‚ to answer the following questions? a) For each of the situations in the next six sentences‚ write in which motive is taking precedence and is being sacrificed
Premium Maslow's hierarchy of needs Psychology
The History of Human Resource Management Human resource management (HRM‚ or simply HR) is the management of an organization’s workforce‚ or human resources. It is responsible for the attraction‚ selection‚ training‚ assessment‚ and rewarding of employees‚ while also overseeing organizational leadership and culture‚ and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement‚ HR will also serve
Premium Management Organization Strategic management