Introduction to Personnel Management: Rules of Thumb

19 Pages Posted: 7 Mar 2015

See all articles by Guido Stein

Guido Stein

University of Navarra - IESE Business School

Date Written: October 1, 2014

Abstract

This technical note aims to acquaint readers with the main personnel management policies found in enterprises. It is intended not to be exhaustive but to serve as a reference for managers in charge of their own teams, regardless of their position or department. It was not written specifically for human resources experts, although they too may find this direct academic approach – reinforced by daily practice – rather useful.

People are not robots, which is to say that they cannot be automated. Therefore, two people may respond differently to the same order, incentive, or external cause. This incontrovertible reality makes management more exciting but much more difficult. Policies, which are nothing but decision-making rules integrated more or less successfully after being applied in practice, take this reality into account in the case of personnel management. Meanwhile, they contribute to the company’s smooth operation by trying to impose order where subjectivity and freedom reign. Their use does not ensure effectiveness, but their absence is a sure sign of chaos. Companies can live with some chaos, although they do not have to: management’s job is to manage or avoid it as much as possible. In addition, sound policies help us avoid many mistakes.

Keywords: Personnel Management, Human Resources, HR, People, HRM, HR Policies, HR Rules

JEL Classification: M12

Suggested Citation

Stein, Guido, Introduction to Personnel Management: Rules of Thumb (October 1, 2014). Available at SSRN: https://ssrn.com/abstract=2574799 or http://dx.doi.org/10.2139/ssrn.2574799

Guido Stein (Contact Author)

University of Navarra - IESE Business School ( email )

Avenida Pearson 21
Barcelona, 08034
Spain

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