Land Label Capital Entrepreneurship 4 factors of production 50% of human involvement 7 Habits of highly effective people HR Framework Business topics Changes in firm Demographics Sustainability Human capital Technology and Quality Global economy Within legal framework Promoting employee health+safety through culture Defining analyzing and designing work Planning for, recruitment and selection of employees Orienting, training and developing employees Managing employee performances Rewarding and recognizing employees Knowing rights and responsibilities Understanding labour relations and collective bargaining International HR management Why study HRM? - Skilled, knowledgeable and motivated workforce Employees need to know and understand process that affects them - Employees need to feel connected to each other and to their work Effective HRM provides work environment that allows people to be engaged, motivated and successful. Partnership between managers and HR professionals Managers - Determining work and job design Promoting culture and well-being Making hiring decisions Coaching and developing employees Reviewing performance HR Professionals responsible for - Aligning HR strategies with business strategies Delivering services Strengthening employee contributions