UWI

B Sc. Degree in

Banking and Finance



ECIB


MGMT3017 – HUMAN RESOURCES MANAGEMENT

 Introduction to the Course

 Close your eyes for a moment and think of an organization without people.  No owners, no executives, no managers, no supervisors and no employees, but with all the other resources in abundance.  Did you really try that?  Then you will have realized that the concept is quite ridiculous as people are at the core of any organization.  However, managers sometimes minimize the importance of employees as they focus on other areas of capital investment such as equipment, buildings, vehicles, and so on.

 This course will take you on an exciting journey in the exploration of some of the many interesting areas of human resource management (HRM) which are often taken for granted.  Our discussion will take us through ten units, each of which will explore a different aspect of the human resource management functions.  As we journey on, we will be able to assess how we in the Caribbean practise human resource management and compare our process with that of other societies.

 Course Overview

 Bringing together people of different ethnicities and getting them to work successfully towards achieving set goals in the organization is the essence of human resource management.  Although managers use many different words and terms to describe the importance of people to the organization, the term human resources really implies that people have capabilities that drive organizational performance, along with the other resources such as money, materials, information and technology.  We also use terms such as human capital, and intellectual assets, all of which have in common the idea that people make the difference in how organizations perform.

 In today’s competitive global environment firms must deal with several major challenges, the first of which is to provide value.  Value in today’s boundaryless organization is not considered only in terms of the functions of finance or accounting, but also in terms of how human resources are managed.  This is crucial to the firm’s long-term value and ultimately its survival.  This definition of value includes profits, employee growth and satisfaction, additional employment opportunities, protection of the environment, and corporate contribution to community programmes.  Therefore, we believe that all aspects of human resource management, including how firms react to the environment; acquire, develop, and compensate human resources; and design and measure work, will help firms to meet their competitive challenges and create value. 

Course Objectives

 On completion of this course, you will be able to: 

·        Use your knowledge of the principles and concepts of HRM to better understand the people in the organization and the work environment/organization.

·        Understand fully the role of the HR manager and the functions he or she carries out in servicing the organization’s personnel.

·        Understand the laws which govern the practice of HRM in the Caribbean workplace.

·        Understand the roles of both the unions and the HR manager in achieving the organization’s objectives.

·        Understand how good HRM skills are necessary to deal with an increasingly sophisticated workforce and changing job demands in a constancy of changing circumstances, both locally and internationally.

 Course Content

 This course is designed to introduce you to the general principles and practices of human resource management and the essential personnel management concepts and techniques which are applicable to the workplace. 

The course is divided into ten units: 

Unit 1 -    The Strategic Role of HRM

Unit 2 -    Global Issues in HRM

Unit 3 -    Job Analysis and Job Design

Unit 4 -    Human Resource Planning and Recruiting

Unit 5 -    Conducting Job Interviews

Unit 6 -    Training and Development

Unit 7 -    The Performance Management System

Unit 8 -    Compensation

Unit 9 -    How Technology Can Increase the Effectiveness of HR Practices

Unit 10 - Collective Bargaining and Contract Administration



A joint initiative by:

The University of the West Indies
Distance Education Centre
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