2.3 Human Resource Management Flashcards
(140 cards)
What is human resource management?
Human resource management is the strategic approach to the effective management of workers so that they help the business gain a competitive advantage.
What does human resource management aim?
It aims to recruit capable, flexible and committed people, managing and rewarding their performance and developing
their key skills to the benefit of the organisation.
Why is effective human resource management important?
Effective human resource management is increasingly important because more businesses have
become service oriented, causing people to be the critical resource in ensuring quality customer service level.
What do businesses need to do to ensure competitiveness?
Efficient and productive
What usual consists of a great workforce? [3]
Well-motivated
Right skills and knowledge
Effectively organised
What consists of human resource management? [2]
- Human resources planning
- Human resource activities
What is human resource planning?
Human resource planning is the development of strategies to meet the future human resource
needs of a business.
Why the starting point the overall strategic plan of the business? [3]
Management of human resource can forecast future demand for human resources, determine whether the required human resources would be available, and finally take steps to match supply with demand.
What must management understand to develop an effective human resource planning?
Management must understand current employee needs and predict future employee needs
What is needed for effective human resource planning?
A developed systematic and comprehensive strategy
What are some things that can be done to understand current employee needs? [2]
- Job analysis
- Job description and job specification
What is important in planning for the future?
Understand the present; current picture of employee needs by the business
What is the purpose of job analysis?
The purpose of job analysis is to determine, by observation and analysis, the basic elements of
a job.
What is a job description?
Job description summarises the job scope, duties and responsibilities.
How is job analysis conducted? [3]
Specialists who do this interview job occupants about what they do, observe the flow of
work and learn how results are accomplished.
What is a job specification?
A job specification describes the minimum qualifications a job holder must have to perform the job successfully.
What can job analysis, descriptions and specifications help with the business?
Job analysis and the resulting job descriptions and specifications can help businesses avoid
hiring people who are overqualified (and presumably higher paid) or underqualified (and thus not productive) for a particular job.
What do many internal and external factors affect?
Many factors both internal and external, that include nature of the tasks, availability of
employees with the required skills and abilities, technological advancements, etc affect the design of a job and hence job descriptions would change over the course of time.
How do management predict future employee needs effectively? [2]
Management would need to have knowledge about future
human resources demand, and the possible sources (supply) for these human resources.
What do basing forecasts of the demand for human resources on as much relevant information as possible show?
- Provide information about future business ventures, new products, and projected
expansions or terminations of specific product lines. - Information on past human resources
levels, new technologies, industry human resources practices, and projected economic trends
are also useful indicators. - Such information would be used to determine both the number of
employees required and their qualifications.
What do management want to look out for when looking at external source?
Factors to consider include the availability of talent in the industry and the geographic location’s labour pool, the qualifications and skillsets of those
graduating from tertiary schools, as well as the quality of migrant workers moving into the country.
What do management want to look out for when looking at internal source?
Mangement might want
to consider factors like nature of the tasks, suitability of employees that includes which
employees are motivated, trainable and promotable, as well as the types of training the business
might have to conduct.
What is the central purpose of human resource management?
The central purpose of human resource management (HRM) is to recruit, train and use the workers of a business in the most productive manner to help the business achieve its objectives.
What activities do human resource management include? [9]
- Recruitment and selection
- Compensation
- Orientation
- Training and development
- Performance appraisal
- Promotions
- Transfers
- Disciplining
- Dismissals