Human resource management is an important function in any organization. Where it includes the management of people in organizations from a holistic perspective, that is, the management of people in the form of a collective relationship between management and employees. By the end of the course, you will be able to: define human resource management (HRM), explain the scope of human resource management, describe processes in human resource management, explain the skills of human resource professionals, and explain the role of human resource management in performance management.
The seven basic functions of human resources:
Human resource management principles, concepts, and basic tasks associated with them. How to formulate and prepare a manual of policies and procedures for strategic human resource management functions that are integrated with the organization’s strategy, vision, and objectives.
Manpower planning and methodologies to deal with employment shortage and surpluses Planning career paths, Career succession.
Job analysis, design, and description
Organizational structures
The mechanism for selecting, receiving, assigning, and successfully integrating new employees into the roles assigned to them and the culture of the organization that affects this.
Information on human resource management and the impact of performance management on learning and development and its importance in modern business and institutions
Formulation of Competency Models.
Formulation of Key Performance Indicators KPIs.
Identify training needs through (TNA and DNA data, performance appraisal reports, succession plans, and recommendations of line managers
Prepare Training Plans and Programs.
Monitoring, managing, and evaluating the efficiency of training and development programs and calculating the return on investment in training ROTI.
Remuneration management, remuneration structuring, and discussion of the types of rewards represented by rewards related to transactions and relationships, how they are presented in the form of financial and non-financial rewards, and how to use them to deliver an integrated and effective reward system.
How to use job evaluation methods to decide on the level of wages for jobs within the organization, and learn 3 basic methods including ranking, point factor method, and classification method for job evaluation and achieving the values of justice and equality and managing relationships between jobs.
Management and archiving of personnel files, compliance with labor laws, social security, and employment taxes, caring for people with needs
Economics for Managers will enable you to drive critical business decisions. Explore how businesses approach pricing strategy, evaluate market demand, and differentiate their offerings, and how you can apply those learnings to compete in the marketplace successfully.
Economics for Managers applies fundamental economic principles to real-world business challenges. You will dive into topics like customer demand, supplier cost, markets, and competition. You will learn how businesses think about pricing, production, and differentiation. In the process, you will learn how to develop the beginnings of a competitive strategy that will lead to a business thriving over time.
