Chapter 1: Strategic HRM Flashcards
What Is HRM
leadership and management of people in an organization using systems, methods, and processes that help increase performance
What is human resource department
specialized group with primary focus on HR systems
Strategic HRM
using HRM to support org missions
ex: Costco: high volume value based sales
- few people on retail floor to help
- more cashiers to move people quick
Gamification
mimicking games to encourage engagement
Effective Strategic Human Resource focuses on considering
- enviorment
- mission
- objectives
- internal strengths
- internal weaknesses
Mission statement
set showing purpose and longterm goals of org
“who are we and what we do”
3 Generic business strategies
- cost leadership
- get customers because you have the lowest price - Product diffrienation strategy
- get customers because product is different - Focus Strategy
- get customers by focusing on specific segment of market
environmental scan
identify external threats and opportunities
- economic
- technology
- culture
Steps to Make HRM strategic
Step 1: find org mission, goals and, strategy analysis
Step 2: Enviormental scan
Step 3: Analysisi of Organizational character ann culture
step 4: choice and implementation of Hr Strategies
Step 5: Review, Evaluate , and audit HR strategies
3 types of authority
staffing: authority to advise but not direct others
Line: authority to make decisions about production performance and people
Functional: allows for staff experts to make a decision and take actions normally reserved for line managers