Bauer, Human Resource Management
SAGE Publishing, 2020
II. Why HRM Matters: Knowledge of HR is valuable not only for HRM majors, but also for
building managerial skills.
A. People Matter
i. Influence of individuals on workplace culture and organization accomplishments
ii. Attraction-selection-attrition framework
a. Human capital: knowledge, skills, abilities, and other characteristics
B. Organizational Culture Matters
i. Organizational culture: shared, “taken-for-granted” assumptions that members
of an organization have that affect the way they act, think, and perceive their
environment
a. Influences and is influenced by decision making
ii. Types of organizational culture
a. Competing Values Framework: popular typology of organizational
cultures
C. How HRM Affects Organizational Culture
i. Close connection between company culture and HR practices
III. The Changing Context of HRM: This section outlines a number of important changes in the
contextual landscape that have major implications for HRM.
A. Changing Demographics
i. Aging population
B. Emergence of the Gig Economy
i. Gig economy: prevalence of temporary employment positions and individuals
are employed as independent workers rather than actual employees of an