Ethical Sourcing

• “Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct.”

  ~ Wikipedia on Ethics

• “In business, the term word sourcing refers to a number of procurement practices, aimed at finding, evaluating and engaging suppliers of goods and services”

  ~ Wikipedia on sourcing

HRM

Teacher: Elizabeth San Miguel

Course code: BUS2LF002

Course material: ? + Moodle

“Human resource management (HRM, or simply HR) ( fi:henkilöstöhallinto ) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture and ensuring compliance with employment and labor laws.”

~ Wikipedia on Human resource management

HRM - Lesson 1 - Recruitment and staff development

• w:Employer branding Employer brand denotes an organisation's reputation as an employer. The term was first used in the early 1990s, and has since become widely adopted by the global management community.Minchington (2005) defines employer brand as "the image of your organisation as a 'great place to work'". Employer branding is concerned with enhancing your company's employer brand. ( Wikipedia )

• w:Recruitment, w:fi:Rekrytointi, refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'. ( Wikipedia )

• w:Training and development is the field which is concerned with organizational activity aimed at bettering the performance of individuals and groups in organizational settings. It has been known by several names, including human resource development, and learning and development. ( Wikipedia )

• A performance appraisal, w:fi:Kehityskeskustelu, (PA), performance review, performance evaluation, (career) development discussion, or employee appraisal Often also called employee performance appraisal, employee performance review, etc. is a method by which the job performance of an employee is evaluated. Performance appraisals are a part of career development and consist of regular reviews of employee performance within w:organizations. ( Wikipedia )

• Remuneration is the compensation that one receives in exchange for the work or services performed. Typically, this consists of monetary rewards, also referred to as wage or salary. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. ( Wikipedia )

• Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of specific business functions (or processes) to a third-party service provider.

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HRM - Lesson 2 - Collective agreement

“A collective agreement or collective bargaining agreement (CBA) is an agreement between employers and employees which regulates the terms and conditions of employees in their workplace, their duties and the duties of the employer. It is usually the result of a process of collective bargaining between an employer (or a number of employers) and a trade union representing workers.”

~ Wikipedia on collective agreement

CSR - Lesson 3 - Recruitment and staff development

Caroll's pyramid of CSR

1. Philantrophic (responsibilities)
2. Ethical (responsibilities)
3. Legal (responsibilities)
4. Economics (responsibilities)

• FLO http://www.fairtrade.net/ ( Fairtrade Labelling Organizations International ) ( Teacher )
• w:ISO 26000 w:Social responsibility w:guidelines ( jubo-jubo )
• UK – Ethical Trading Initiative - http://www.ethicaltrade.org/
• UN – w:Global Compact – “the ethical roadmap for the future” - http://www.unglobalcompact.org/
• Dow Jones Sustainability Index - http://www.sustainability-index.com/
• FTSE4Good- http://www.ftse.com/Indices/FTSE4Good_Index_Series/index.jsp
• Corporation20/20 - http://www.corporation2020.org/

“The United Nations Global Compact, also known as Compact or UNGC, is a United Nations initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labour, the environment and anti-corruption.”

~ Wikipedia on United Nations Global Compact

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HRM - Lesson 4

• Delayering is a term in management and corporate restructuring that refers to a planned reduction in the number of layers of a management hierarchy.It is used to reduce communication time and increase trust among the workers. ( Wikipedia )

• Discipline and grievance management

• Performance management includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product of service, as well as many other areas. ( Wikipedia )

• Recruitment refers to the process of attracting, screening, selecting, and onboarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an "employee offering". ( Wikipedia )

• Personnel selection is the process used to hire (or, less commonly, promote) individuals. Although the term can apply to all aspects of the process (recruitment, selection, hiring, acculturation, etc.) the most common meaning focuses on the selection of workers. ( Wikipedia )

SCM

Teacher: Sirkka Hoikkala

See Logistics and SCM for this portion of Ethical Sourcing