Business management is an exciting career path that requires both strategic thinking and interpersonal skills. If you choose to pursue a Bachelor of Science in Business Management degree, you’ll explore a broad range of topics, from organizational behavior to production system operation to financial statements. You’ll also spend plenty of time studying human resources.
Recruitment is the foundation of HR. It refers to any activities that pertain to hiring new employees. This might sound simple, but it’s deceptively so. It requires keen critical thinking skills to properly match a person to a position. Recruiters and hiring managers must carefully evaluate each candidate’s background, experience, training, education and skills and determine if that person could meet the demands of a particular position. Recruitment can be considered to be the foundation of HR and the entire company because businesses are heavily dependent on their employees for success and future growth.
As a student pursuing a degree in business management, your focus in studying HR rests in how it improves organizational success. The concept of employee relations is one factor that can contribute to organizational success. It refers to the rapport between workers and managers. This is significant because employees are motivated to exceed expectations in their roles when they feel that the work they do is valued. A company with solid employee relations will typically have a low employee turnover rate. Some ways HR professionals and managers can improve employee relations are by:
- Maintaining an open communication policy
- Encouraging anonymous feedback from employees
- Showing recognition to valued employees
- Providing rewards or incentives for exceptional work performance
- Offering frequent, constructive feedback
In some companies, employee development is referred to as talent development. Continual employee development is crucial for every type and size of business. It stems from the idea that a company’s most valuable resources are its employees and that in order to add value to the company, HR managers must add value to the employees. Companies demonstrate a commitment to employee development when they invest in:
- Professional development seminars and workshops
- Courses and certification programs
- Tuition reimbursement programs for advanced degrees
No matter how carefully HR screens job candidates or how much effort is put into maintaining good employee relations, there will inevitably be a few problems along the way. One of the topics you might study as you work toward your degree is the tricky issue of performance management. As an aspiring manager, you may one day have to consider whether an employee is more of a liability for a company than an asset. When an employee’s performance isn’t up to the standards, managers and HR professionals must first look for the underlying causes and consider possible solutions before resorting to taking adverse action, as specified in the employee handbook.
HR is just one of the many topic areas you’ll study as a student pursuing a Bachelor of Science in Business Management degree. Grand Canyon University’s Colangelo College of Business invites future students to explore a world of career possibilities at our private Christian school. Click the link above to Request More Information.
About Colangelo College of Business
Business Buzz is a blog that features content written by faculty, staff and students from Grand Canyon University’s Colangelo College of Business. In addition to profiles about events, students and faculty on campus, you’ll also find insight and perspective on the ever-changing business discipline and current global business topics. Learn about the modern business landscape, and how business today continues to grow and evolve to meet the needs of organizations and consumers in the 21st century. Check in every week for the latest news from the business community and around GCU.