Chapter 3 Flashcards
Automation-
reduces the need for manual labour
Information and Communication Technology (ICT)
increases workers’ flexibility, and the degree of integration between various functional areas. It also decreases the degree of centralization in the organization , resulting in a flattening of organizational structures.
Human capital
the knowledge , education, training, skills, and expertise of a firm’s workers.
HR technology
any technology that is used to attract, hire, retain and maintain talent, support workforce administration, and optimize workforce management.
Strong strategic relationship between HR and technology
- Strategic Alignment–> with business objectives
- Business intelligence–> providing users with relevant data
- Effectiveness and efficiency–> changing how HR work is performed by reducing lead ties and costs, and increasing service levels.
How has technology change the HR role
decreases involvement in transactional (administrative) activities and to increase its focus on how to improve its deliver strategic services
Seven key competencies (emerging role of HR professional
- Mastery of HR technology
- Strategic contribution (increased client and customer focus
- Business knowledge
- Personal credibility
- Data management
- Financial management
- HR delivery
Human resources information system (HRIS)
integrated states used to gather, store, and analyze information regarding an organization’s human resources.
Information a form the system can help organizations align more effectively with their strategic plans .
Data warehouse-
a specialized type of database that is optimized for reporting and analysis and is the raw material for managers; decision support.
HRIS system uses
pg. 60
Metrics (workforce analytics)
statistical measures of the impact of HRM practice on the performance of an organization’s human capital .
Strategy-based metrics-
metics that specifically focus on measuring the activities that contribute to achieving a company’s strategic aims.
Data mining-
algorithmic assessment of vast amounts of employee data to identify correlations that employers then use to improve their employee-selection and other practices.
Components of HRIS (subsystems)-
employment, equity, administration, time and attendance, training and development/knowledge management, pension administration , compensation and benefits administration, payrol, performance evaluation, labour ralations, health and safety, organizational management, recruitment and applicant tracking
Applicant tracking systems (ATS) (HRIS system)-
online systems that help employers attract, gather, screen, compile, and manage applicants