Human Resource Management and Business Objectives (VCE SSCE Business Management): Flashcards

Specific, measurable targets organisations set to achieve goals

Individuals/groups affected by how a business operates & achieves

Specific, Measurable, Achievable, Relevant, Time-bound

Systematic goal-setting approach by Peter Drucker (1954)

Commitment employees feel toward organisation & its objectives

Provide advice to other managers; have no direct authority

Direct responsibility for HR department objectives & team

Proactively seek ways to improve processes & outcomes

Both the biggest cost and most valuable asset

Collaborative between managers and subordinates