Question

What are the three phases of human resources management?

1) Acquiring, developing, and terminating human resources
2) Hiring, training, and firing employees
3) Recruiting, promoting, and retiring staff
4) Onboarding, mentoring, and dismissing personnel

Answer 1

The three phases of human resources management are recruitment or hiring, development or training, and retention and termination. These phases are vital in optimizing employee performance to match the company's strategic goals and in maintaining a strong organizational culture.

Step-by-step explanation:

The three phases of human resources management typically involve different activities aimed at optimizing employee performance and aligning it with the company's strategic goals. These phases are often framed as follows:

1. Recruitment or hiring, where the human resources department actively searches for and acquires new talent, as depicted in our example of the HR manager and the hiring team starting the recruitment process for Imani and other candidates.
2. Development or training, which refers to efforts made to enhance the skills and knowledge of the employees, ensuring they grow along with the company's needs. This is especially vital in terms of return on investment for new hires, as companies must nurture the talent they bring on board.
3. Retention and termination, where HR management focuses on keeping employees engaged and productive, but also handles the legal and personal considerations involved in ending employment when necessary.

The efficacy of these phases is crucial to maintaining competitive advantage and building a strong organizational culture.