VCE Business Management Unit 3 AOS 2

The Strategic Role of Human Resources

This section introduces the core concepts of Human Resource Management (HRM) and its critical link to achieving business objectives. Understanding these fundamentals—HRM, effectiveness, and efficiency—is essential for analysing every strategy and process in this area of study.

Human Resource Management

The effective management of the formal relationship between an employer and employees to optimise performance and achieve business objectives.

Effectiveness

The degree to which a business achieves its stated objectives. It measures *what* the business accomplished.

Efficiency

How well a business uses its resources to produce goods or services. It measures *how* the business achieves its results.

Linking HRM to Business Objectives

Motivation Theories

Motivation is the internal process that drives an employee’s behaviour. This section allows you to interactively compare the three key motivational theories. Use the buttons to switch between theories and see how they compare visually and conceptually.

Comparing Motivational Theories

Motivation & Performance Strategies

These are the practical tools managers use to foster a motivated, productive workforce. The effectiveness of each strategy depends on the context of the business, its objectives, and its employees.

Termination Management

The end of the employment relationship must be handled legally and ethically. This involves understanding an employee’s legal entitlements and considering ethical transition support.

Workplace Relations Framework

Australia’s system for determining wages and conditions is hierarchical, governed by key participants and legal instruments. Click on each level of the framework to learn more about its role.

Hierarchy of Instruments

Details

Click an item on the left for details.

Application in Practice: Case Studies

Applying theory to practice is a crucial skill. This section breaks down how major Australian companies have implemented key HRM concepts. Use the filters to explore how different strategies are used in the real world.