Chapter 1 Flashcards

1
Q

What is human resource Management?

A

Managing people in organizations to drive successful organizational performance and achievement of organization’s strategic goals.
Managing human capital: knowledge, education, training, skills, expertise

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2
Q

What are Operational responsibilities of HRM?

A
Analyzing jobs
Planning future workforce requirements
Selecting employees
orienting and training employees
managing compensation and reward plans
communicating with employees
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3
Q

What is strategy?

A

the company’s plan for how it will balance its internal strengths and weaknesses with external opportunities and threats in order to maintain a

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4
Q

What is strategic human resource management?

A

is the pattern of human resources deployments and activities that enable an organization to achieve its strategic goals
HR specialists are expected to be change agents

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5
Q

What is mission?

A

The basic purpose of the organization as well as its scope of operations.

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6
Q

What is strategic vision?

A

A statement about where the company is going and what it can become in the future; clarifies the long term direction of the company and its strategic intent.

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7
Q

What are core values?

A

The strong and enduring beliefs and principles that the company uses as a foundation for its decisions.

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8
Q

What is the SWOT analysis?

A

A SWOT analysis is a combined external and internal analysis.
S = Strengths W = Weaknesses O = Opportunities T = Threats

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9
Q

What is strategy formulation?

A

Providing input as to what is possible given the types and numbers of people available.

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10
Q

What is Strategy implementation.

A

Making primary resource allocation decisions about structure, processes, and human resources.

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11
Q

What is balanced scorecard?

A

A measurement system that translates organization’s strategy into a comprehensive set of performance measures. Includes financial, employee satisfaction, customer satisfaction, etc.

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12
Q

What are external environmental influences?

A
economic conditions 
labour market issues 
technology
government
globalization
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13
Q

What are the external economic influences?

A

Employment levels
Productivity levels
Growth of the service sector

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14
Q

What are some of the labour market issues?

A

Canada’s workforce is among the most diverse in the world
Increasing workforce diversity: visible and ethnic minorities, women, aboriginal population, persons with disabilities
Generational differences – Traditionalists, Baby Boomers (Sandwich Generation), Generation X, Generation Y

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15
Q

What are some of the demographic issues that affect labour market?

A

Immigration
Aging population – retirees staying in or returning to
workforce
More women in the workforce
A better educated workforce also higher literacy
More contingent workers (workers who do not have
regular employment status).

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16
Q

What is HRSM and what are its benefits?

A

Human Resources Information System - A computerized system that provides current and accurate data
for the purposes of control and decision making. To stay
competitive, organizations must invest in effective HRIS.

17
Q

What are the benefits of HRSM?

A

Benefits:
 Store and retrieve large quantities of data.
 Combine and reconfigure data to create new information.
 Better knowledge management.
 Easier communications and improved flexibility.
 Lower administrative costs, increased productivity and
response times.

18
Q

What are some of the technological influences?

A

From Twitter to Facebook to videoconferencing, a wide range of technology is available to organizations today
Questions are raised concerning data control, accuracy, right to privacy, and ethics
Firms are monitoring employee e-mail, voice mail, telephone conversations, computer usage, and behaviour (using video surveillance).

19
Q

What are some of the government issues?

A
Ensure policies and practices comply with new and changing laws covering:
human rights
employment standards 
labour relations 
occupational health and safety 
workers’ compensation
20
Q

What are some globalization influences?

A

 The trend toward opening up foreign markets to international trade and investment
 Really began in post-war years in formation of GATT
 Essential for long term success
 Canada faces gap with U.S. in productivity improvement
 Multinational corporations: conduct business around the world, seek cheap skilled labour
 HR professionals must become familiar with employment legislation in other countries and manage ethical dilemmas when labour standards are lower than those in Canada

21
Q

What is an organizational culture?

A

core values, beliefs and assumptions that are widely shared by members of an organization
 often conveyed through an organization’s mission statement

22
Q

What is an organizational climate?

A

Prevailing atmosphere that exists and impacts employees
 friendly or unfriendly, open or secretive, rigid or flexible, innovative or stagnant
 influenced by leadership, HR polices, organizational communication

23
Q

What are line vs support managers?

A

Line managers - managers directly involved in the business of the organization.
Support Staff managers: act as advisors to help line managers achieve organizational goals.
HR are support staff.

24
Q

Describe brief history of HR.

A

Scientific Management
 process of “scientifically” analyzing manufacturing processes to reduce costs and compensating employees based on their performance levels
Human Relations Movement
 belief that the attitudes and feelings of workers are important and deserve more attention (concern for people)
Human Resources Movement
 focus on concern for people and productivity