Ch1-4 Flashcards
Human resource management
The policies,practices, and systems that influence employees behavior, attitudes and performance
Many people refer to HRM as involving __________
People practices
Important HRM practices that should support the organizations business strategy
Analyzing work & designing jobs , determining how many employees w/specific skills & knowledge are needed, recruiting,selection,training&development, perf romance mgmt, compensation, employee relations
Human capital
An organizations employees,described in terms of their training,experience,judgement, intelligence, relationships and insight
In order for an organization to succeed it needs employees w/certain qualities, such as particular kinds of training and experience
True
HR is critical to success of organizations b/c human capital has certain qualities that can make it valuable
True
In terms of business strategy,an organization can succeed if it has a _______ __________ ___________
Sustainable competitive advantage
Sustainable competitive advantage
Means that a business is better than competitors at something and can hold that advantage over a sustained period of time
HR have these necessary qualities
Valuable,rare, can’t be imitated ,have no good substitutes
Effective HR can form the foundation of a ________ ___________ ______________ ___________.
High performance work system
High performance work system
Organization in which technology, organization structure, people and processes work together seamlessly to give an organization an advantage in the competitive environment
Responsibilities of HR dept.
Administrative services and transactions, business partner services, strategic partner
Employee relations
Attitude surveys, labor relations, employee handbooks, company publications, labor law compliance, relocation, outplacement services in
Employee data and info systems
Record keeping, HR information systems, workforce analytics
Support for strategy
HR planning and forecasting, talent mgmt, change mgmt
No 2 HR depts have the same roles because of differences in organization sizes , characteristics, of workforce, industry and management values
True
Job analysis
The process of getting detailed information about jobs
Job design
Process of defining how work will be performed and what tasks will be required in a given job
Development
Acquisitions of knowledge, skills and behaviors that improve an employees ability to meet changes in job requirements or customer demands
Performance management
Process through which managers ensure that employees activities and outputs contribute to the organizations goals
Workforce analytics
The use if quantitative tools and scientific methods to analyze data from HR databases and other sources to make evidence based decisions that support business goals
HR planning
Identifying numbers and types of employees the organization will require to meet its goals
Talent management
A systematic planned effort to attract, retain, develop, motivate highly skilled employees and managers
Evidence based HR
Collecting and using data to show that HR practices have a positive influence on the companies bottom line
Sustainability
Organizations ability to profit within its depleting its resources
Business acumen
Able to understand business functions and metrics on company and industry level
Supervisors involvement in HRM
Help define jobs Forecast HR needs Provide training Interview/select candidates Appraise performance Reccomend pay increases/promotions Communicate policies Motivate with support from pay, benefits and other rewards
Open systems model of HR
Inputs: (competencies) knowledge,skills, abilities
Throughputs:(behaviors) attitudes
Outputs:(affective outcomes) performance outcomes
Commitment social responsibility
Commitment to meeting the needs of its stakeholders
4 principles of ethical companies
Emphasize mutual benefits
Employees assume responsibility
Have a sense of purpose
Emphasize fairness
Internal labor force
An organizations workers includes its employees and people who have contracts to work
Internal labor force has been drawn from the external labor market
External labor force
Individuals who are actively seeking employment
The number and kind of people in this market determine the kind of human resources available to an organization
Organizations must find ways to prepare youth labor force
HRM spends much time on retirement planning, retraining and motivating workers
Org. Struggle to control rising costs of healthcare and benefits
Managers will supervise older employees
Some companies have set up mentoring programs between older and younger workers so knowledge is not lost but passed on
True
Social system
People and how they interact
Technical system
Equipment and processes
Knowledge workers
Employees whose contribution to the organization is specialized knowledge of customers,processes and profession
3 trends In high performance work systems
Reliance on knowledge workers
Empowerment of employees to make decisions
Teamwork
TQM (total quality management)
Company wide effort to continuously improve the ways people,machines and systems accomplish work. Provides guidelines for all organizational activities including HRM
TQM core values
Methods and processes are designed to meet the needs of internal/external customers
Every employee receives training in quality
Quality is designed into a product or service so that errors are prevented from occurring
Organization promotes cooperation with vendors,suppliers and customers need to improve quality and hold down costs
Manager measure progress with feedback based on data
Reengineering
A complete review of the organizations major work processes to make them more efficient and able too deliver higher quality including HRM
Reengineering affects HRM in two ways
How HR accomplishes it’s goals at change
Require s HR to help design and implement change so that all employees will be committed to the reengineered org. Success
Outsourcing
Having another company(vendor,3rd party,consultant)provide services
HR helps transition to outsourcing
Outsourcing gives company access to in depth expertise
Mergers and acquisitions
HR should have a significant role in carrying out mergers and acquisitions
Differences between companies make conflict inevitable
Training should include conflict resolution skills
There is a need to sort out differences in two companies practices regarding compensation,appraisal etc
Offshoring
Moving operations from country headquarters to a country where pay rates are lower but necessary skills are available