London 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.
Article Title : Human resource management
Article Snippet :Reid, Human resource management: A critical approach (pp. 38-54). London: Routledge. "Human Resource Management | Introduction to Business". Armstrong
Article Title : London School of Economics
Article Snippet :The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution
Article Title : SOAS University of London
Article Snippet :The School of Oriental and African Studies (SOAS University of London; /ˈsoʊæs/) is a public research university in London, England, and a member institution
Article Title : Chartered Institute of Personnel and Development
Article Snippet :Development (CIPD) is an association for human resource management professionals. Its headquarters are in Wimbledon, London, England. The organisation was founded
Article Title : John Elkington (business author)
Article Snippet :Environmental Data Services (ENDS, 1978); senior advisor to the Business & Human Rights Resource Centre; member of the World Wildlife Fund (WWF) Council of
Article Title : Mary Nightingale
Article Snippet :former Human Resource director of Trailfinders in April 2000. The couple have two children and live in Hammersmith, west London. School details – St Margaret's
Article Title : Management by objectives
Article Snippet :Peter Drucker School of Management Management styles Drucker, P., The Practice of Management, Harper, New York, 1954; Heinemann, London, 1955; revised
Article Title : Myra Shackley
Article Snippet :Professor of Culture Resource Management and Head of the Centre for Tourism and Visitor Management at Nottingham Trent University Business School. She retired
Article Title : Peter Drucker
Article Snippet :Business School Publishing) 1999: Management Challenges for 21st Century (New York: Harper Business) 1999: Managing Oneself (Boston: Harvard Business
Article Title : Middle management
Article Snippet :supervisory support, and middle manager trust in the organization". Human Resource Management. 47 (1): 111–132. doi:10.1002/hrm.20200. Rouleau, L.; Balogun
London Business School (LBS) is a business school and a constituent college of the federal University of London.
London Business School was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA and PhD).
LBS is widely considered to be one of the world's best business schools and its motto is "To have a profound impact on the way the world does business".
LBS was ranked 1st in Europe (2014, 2015, 2016, 2017, 2018) by the MBA Guidebook and the Financial Times and 2nd in the world (for Business and Management Studies; 2017)
by the QS ranking.
LBS' post-experience Masters in Finance programme is ranked 1st in the world by the MBA Guidebook.
The main campus is located in London next to Regent's Park in Sussex Place, built by the architect John Nash. In 2015, the school acquired the Marylebone Town Hall
and spent £60 million to refurbish it with the objective of expanding its teaching facilities by 70%.
LBS also has a secondary campus in Dubai, dedicated to Executive Education and the Dubai Executive MBA.
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