Ch. 1 - Managing Human Resources Flashcards
Define: human resource management
The policies, practices, and systems that influence employees’ behavior, attitudes, and performance
Define: human capital
An organization’s employees, described in terms of their training, experience, judgment, intelligence, relationships, and insight
Define: job analysis
The process of getting detailed information about jobs
Define: job design
The process of defining how work will be performed and what tasks will be required in a given job
Define: recruitment
The process through which the organization seeks applicants for potential employment
Define: selection
The process by which the organization attempts to identify applicants with the necessary knowledge, skills, abilities, and other characteristics that will help the organization achieve its goals
Define: training
An organization’s planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.
Define: development
The acquisition of knowledge, skills, and behaviors that improve an employee’s ability to meet changes in job requirements and in customer demands
Define: performance management
The process through which managers ensure that employees’ activities and outputs contribute to the organization’s goals
Define: workforce analytics
The use of quantitative tools and scientific methods to analyze data from human resource databases and other sources to make evidence-based decisions that support business goals
Define: human resource planning
Identifying the numbers and types of employees the organization will require in order to meet its objectives
Define: talent management
A systematic, planned effort to attract, retain, develop, and motivate highly skilled employees and managers
Define: evidence-based HR
Collecting and using data to show that human resource practices have a positive influence on the company’s bottom line or key stakeholders
Define: sustainability
An organization’s ability to profit without depleting its resources, including employees, natural resources, and the support of the surrounding community
Define: stakeholders
The parties with an interest in the company’s success (ex. shareholders, customers, employees, vendors, the community)