IE Business School resource guide

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IE Business School Resource Guide


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Human resource management (HRM) is the strategic and coherent approach to the effective and efficient management of people in a company or organization such that they help their business gain a competitive advantage. It is designed to maximize employee performance in service of an employer's strategic objectives. Human resource management is primarily concerned with the management of people within organizations, focusing on policies and systems. HR departments are responsible for overseeing employee-benefits design, employee recruitment, training and development, performance appraisal, and reward management, such as managing pay and employee benefits systems. HR also concerns itself with organizational change and industrial relations, or the balancing of organizational practices with requirements arising from collective bargaining and governmental laws. The overall purpose of human resources (HR) is to ensure that the organization can achieve success through people. HR professionals manage the human capital of an organization and focus on implementing policies and processes. They can specialize in finding, recruiting, selecting, training, and developing employees, as well as maintaining employee relations or benefits. Training and development professionals ensure that employees are trained and have continuous development. This is done through training programs, performance evaluations, and reward programs. Employee relations deals with the concerns of employees when policies are broken, such as in cases involving harassment or discrimination. Managing employee benefits includes developing compensation structures, parental leave programs, discounts, and other benefits. On the other side of the field are HR generalists or business partners. These HR professionals could work in all areas or be labour relations representatives working with unionized employees. HR is a product of the human relations movement of the early 20th century when researchers began documenting ways of creating business value through the strategic management of the workforce. It was initially dominated by transactional work, such as payroll and benefits administration, but due to globalization, company consolidation, technological advances, and further research, HR as of 2015 focuses on strategic initiatives like mergers and acquisitions, talent management, succession planning, industrial and labor relations, and diversity and inclusion. In the current global work environment, most companies focus on lowering employee turnover and on retaining the talent and knowledge held by their workforce. New hiring not only entails a high cost but also increases the risk of a new employee not being able to replace the position of the previous employee adequately. HR departments strive to offer benefits that appeal to workers, thus reducing the risk of losing employee commitment and psychological ownership.

Article Title : Human resource management
Article Snippet :Dave (1996). Human Resource Champions. The next agenda for adding value and delivering results. Boston, Mass.: Harvard Business School Press. ISBN 978-0-87584-719-1
Article Title : University College Dublin
Article Snippet : "UCD to open high-tech business school". Sunday Business Post. Archived from the original on 1 November 2005. "UCD". Ucd.ie. Archived from the original
Article Title : Imperial College Business School
Article Snippet :Imperial College Business School is the graduate business school of Imperial College London. The business school was established in 2003 and officially
Article Title : Kent Business School
Article Snippet :Kent Business School (KBS) is the business school of the University of Kent. Although there are two business schools known as KBS, generally people seem
Article Title : Human resource accounting
Article Snippet :Gunilla Eklöv, Mikael Holmgren, Maria Mårtensson School of Business Stockholm University, Human Resource Costing and Accounting versus The Balanced Scorecard:
Article Title : Strategic management
Article Snippet :resources (i.e., in their high market share, high growth businesses) and which businesses to divest (i.e., low market share, low growth businesses.) The growth-share
Article Title : Business process
Article Snippet :Enterprise resource planning software with workflow management components such as SAP, Baan, PeopleSoft, Oracle and JD Edwards emerged, as did business process
Article Title : Sustainable business
Article Snippet :environmental principles in its business operations. This article is concerned with "green" or sustainable businesses, i.e. businesses which (aim to) have a minimal
Article Title : Business valuation
Article Snippet :Brennan, J.; Schwartz, E. (1985). "Evaluating Natural Resource Investments". The Journal of Business. 58 (2): 135–157. doi:10.1086/296288. JSTOR 2352967
Article Title : Master of Business Administration
Article Snippet : Accreditation bodies for business schools and MBA programs ensure consistency and quality of education. Business schools in many countries offer programs

IE Business School is a graduate and undergraduate school of business located in Madrid, Spain. It was founded in 1973 under the name Instituto de Empresa and since 2009 is part of IE University. IE Business School runs BBA, MBA, Executive MBA, master's degree programs in finance and management, executive education programs, PhD and DBA programs.

IE Business School was founded by three entrepreneurs in 1973 with the goal of fostering an entrepreneurial environment that it instills in its various programs, and many collaborations such as a dual MBA with Brown University and an Asian-focused program run with Singapore Management University.

IE Business schools provides business graduate level programs such as masters with specialisations in International Business, Sales & Marketing or Digital Business, Finance. International MBA (IMBA), Global Executive MBA or Executive MBA. Doctoral programs and Executive education
IE Business School is regularly ranked by The MBA Guidebook among the top 10 Business Schools in Europe


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