Human resource management

This course emphasizes effective human resource management processes, methods and techniques in the insurance industry. The human resource function will be explored as an extension of and support to the line manager's responsibility. This course will also focus on internal and external influences shaping the role of human resource management in organizations today.

Human Resource Management refers to the practice of strategically allocating the most valuable resources – people – to the right areas of a firm.  This practice involves careful strategizing, good leadership, and other solid business practices.  Human Resource Management requires more than a strong human resources department; it requires smart, capable team managers working in conjunction with an HR department to carry out common goals.

Requirements for Completion

In order to complete this course, you will need to work through each unit and all of its assigned materials.  You will also need to do all the assignments and sit a three hour Final Exam.

Learning Outcomes

Upon successful completion of this course, the student will be able to:

1. Describe how to effectively manage human capital and properly assess knowledge, skills, and abilities to find valuable resources (people).
2. Identify key laws and legislation that shape how human capital decisions should be made.
3. Explain why managing human capital is relevant for all managers in any organization.
4. Define and conduct a job analysis and discuss the validity of an analysis in support of other key human capital functions.
5. Understand and develop a personnel plan, creating successful strategies for recruiting and selecting valuable human capital.
6. Identify and apply the concepts associated with employee safety and health in support of effectively managing human capital.
7. Create strategies to support the training and development of human capital.
8. Identify and apply the concepts/issues associated with compensation and benefits to create an attractive environment that draws valuable resources to an organization.
9. Explain the distinction between performance management and performance appraisals.
10. Conceptualize HR strategies to improve overall organizational success.
11. Identify the key elements and contexts of affirmative action and use that insight to support making informed decisions regarding diversity when managing human capital.
12. Define and apply the concepts of labor and employee relations, and clearly define the relationship between the employer and the employee.
13. Identify ethical issues facing HR managers today and explain how HR can help to build an ethical organization.
14. Discuss the impact that career/succession planning has on human capital.
15. Explain how to develop a personnel plan, creating successful strategies for recruiting, selecting, on boarding, and retaining valuable human capital.
16. Explain why strategic resource planning is necessary to attract, recruit, and retain valuable human capital.
17. Identify current trends and challenges in managing human capital today.

Further reading

Beautmont,P., B. (1994), Human resource management: Key concepts and skills. SAGE Publications Ltd 6 Bonhill Street London EC2A 4PU.

Handbook of good human resource practices in the teaching profession international labor Office. - Geneva: ILO, 2012. Edited by peter Boxall, John Purcell, and Patrick M, Wright print Publication Date : June 2008, ISBN 9780199547029N:

society for human resource management (2008), Weathering Storms: Human resources in Difficult times. This book is published by society for human resource management (SHRN).

STREDWICK, j (2005),An introduction to human resource management .Elsevier Butter worth-Heinemann Linace House, Jordan Hill, Oxford.

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