Professional Documents
Culture Documents
Evolution of HRM
The first serious study of management practice during the early years of the
twentieth century was based on scientific management by Frederick W. Taylor.
standardization of jobs;
time and task study;
systematic selection and training of workers; and
pay incentives of employees to maximize efficiency and productivity.
As businesses grew bigger, specialized units were created to cope with their
hiring needs to deal with government regulations and behavioral issues of
workers.
During the 1930s and 1940s, these units gradually began to be called
Personnel Department, and gave rise to a new type of management
function: Personnel Management.
Human Capital
Refers to all present and future workforce participants who need to develop to their
full potential for the benefit of everyone
Line and Staff Positions - Line managers make decisions and staff
personnel provide advice and support.