Chapter 1-The Strategic Role of Human Resource Management Flashcards

1
Q

Human Resources Management (HRM)

A

The management of people in organizations to drive successful organizational performance and achievement of the organization’s strategic goals.

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2
Q

Human Capital

A

The knowledge, education, training, skills, and expertise of an organization’s workforce.

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3
Q

Scientific Management

A

The process of “scientifically” analyzing manufacturing processes, reducing production costs, and compensating employees based on their performance level.

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4
Q

Human Resources Movement

A

A management philosophy focusing on concern for people and productivity

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5
Q

Outsourcing

A

The practice of contracting with outside vendors to handle specified business functions on a permanent basis.

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6
Q

Employee Engagement

A

The emotional and intellectual involvement of employees in their work such as intensity, focus, and involvement in his or her job and organization.

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7
Q

Strategy

A

The company’s plan for how it will balance its internal strengths and weaknesses with external opportunities and threats to maintain a competitive advantage.

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8
Q

Change Agents

A

Specialists who lead the organization and its employees through organizational change.

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9
Q

Environmental Scanning

A

Identifying and analyzing external opportunities and threats that may be crucial to the organization’s success.

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10
Q

Metrics

A

Statistics used to measure activities and measure activities and results. Measures the value of HR.

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11
Q

Balanced Scorecard

A

A measurement system that translates an organization’s strategy into a comprehensive set of performance measures.

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12
Q

Productivity

A

The ratio of an organization’s outputs (goods and services) to its inputs (people, capital, energy, and materials)

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13
Q

Primary Sector

A

Jobs in agriculture, fishing and trapping, forestry, and mining.

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14
Q

Secondary Sector

A

Jobs in manufacturing and construction.

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15
Q

Tertiary or Service Sector

A

Jobs in public administration, personal and business services, finance, trade, public utilities, and transportation/communications.

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16
Q

Traditionalists

A

Individuals born before 1946

17
Q

Baby Boomers

A

Individuals born between 1946-1964

18
Q

Generation X

A

Individuals born between 1965-1980

19
Q

Generation Y

A

Individuals born between 1980

20
Q

Contingent/non-standard workers

A

Workers who do not have regular or full-time employment status

21
Q

Globalization

A

The emergence of a single global market for most products and services

22
Q

Organizational Culture

A

The core values, beliefs, and assumptions that are widely shared by members of the organization

23
Q

Organizational Climate

A

The prevailing atmosphere that exists in an organization and its impact on employees

24
Q

Empowerment

A

Providing workers with the skills and authority to make decisions that would traditionally made by the managers

25
Q

Operational HRM

A

traditional HRM that includes administrative responsibilities (e.g., payroll, selection, compensation, training, etc.)

26
Q

Strategic HRM

A

contemporary HRM that participates in setting up a strategic plan for organizations and executes that plan (e.g., designing strategies to attract top talent to gain competitive advantage!)

27
Q

Business Ethics

A

comprises principles, values, and standards that guide behavior in the world of business

28
Q

Personal Ethics

A

comprises principles, values, and standards that guide your behavior in the world

29
Q

Principles

A

are specific and pervasive boundaries for behavior that universal and absolute.

30
Q

Values

A

are used to develop norms that are socially enforced.

31
Q

Ethical Intelligence

A

Do not harm, Make things better, Respect others, Be Fair, Be loving

32
Q

Distributive Justice

A

Fairness of a decision outcome

33
Q

Procedural Justice

A

Fairness of the process used to make a decision

34
Q

Interactional Justice

A

Fairness in interpersonal interactions by treating others with dignity and respect

35
Q

Informational Justice

A

Was there fairness in information used to justify the change, decision, strategy, outcome, etc.