Chapter 1 Flashcards
Core Competencies
Integrated knowledge sets within an organization that distinguish it from its competitors and deliver values to customers
Competitive advantage can be met through the following
- The resources must be of value
- Resources must be rare
- Resources must be difficult to imitate
- Resources must be organized
Competitive challenges
- going global
- embracing technology
- managing change
- human capital
- responsiveness
- cost containment
Globalization
trend toward opening up foreign markets to international trade and investment
knowledge workers
workers whose responsibilities extend beyond the physical execution of work to include planning, decision making, and problem solving
HRIS
Computerized system that provides current and accurate data for purposes of control and decision making
HR changing problems
- not establishing sense of urgency
- not creating a powerful coalition to guide the effort
- lacking leaders who have a vision
- lacking leaders who communicate the vision
- not removing obstacles to the new vision
- not systematically planning for and creating short-term “wins”
- declaring victory too soon
- not anchoring changes in the corporate structure
total quality management
a set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement
Six Sigma
A process used to translate customer needs into a set of optimal tasks that are perforned in concert with one another
Performace
ability, motivaiton, environment