Human Resource Strategy

2.5 credits

This course analyzes human resource issues within the context of the firm?s overall business strategy. The course is designed for general managers and is not limited to HR specialists. It presents an overview and analysis of the human resource function. It uses basic economic principles and concepts to study traditional human resource topics including hiring standards, employee selection, training and development, performance evaluation, compensation, unions, labor and employment laws, teams, diversity and the role of HR in business strategy. While these topics are standard, our treatment deviates from the distinctly non-economic approach adopted in much of the research and teaching in human resource management. The course, however, includes discussion of the implications of research in behavioral economics and psychology, which focuses on notions of fairness, equity, morale, trust, employees? needs, and corporate culture.