E-lecture 1: Evidence-based HRM Flashcards
What is evidence-based HRM?
Concerns the use of scientific evidence and business information in making HRM-decisions in every stage of relationship cycle.
What is HRM?
overall process of managing people in organizations and how to handle employees in an organization.
What is the diefference between personnel management and HRM?
Originally there was Personnel management: employees were seen as a cost to the organization.
This developed into HRM, where employees are considered a crucial resource to gain a competitive advantage. Foster positive, functional work environment. Investing in people.
What is strategic human resource management?
aligning HR-practices with one-another and with the organization’s strategy, improves performance of organization. Creating alignment not always possible due to lack of flexibility.
What is vision?
what the organization expects to become at a particular time in the future
Mission and vision form the basis for the organization’s strategic choice and how to allocate resources.
What is a strategy?
plan of action designed to achieve a set of objectives.
What is a mission?
what the organization expects to do in order to become the organization it has envisioned.
Mission and vision form the basis for the organization’s strategic choice and how to allocate resources.
What impact does a cost leadership strategy have on HR-decisions?
- Narrow job roles to maximize efficiency
- Hire and train specific skill sets
- Performance-based compensation
How can a swot be applied to HR-decisions?
- Internal analysis: S&W of current workforce
- External analysis: O&T: untapped labor pools, labor shortage etc.
- Which human resources are needed to achieve goals.
What impact does a differentiation strategy have on HR-practices?
- Broad job roles to maximize cross fertilization
- Hire people that cooperate, are creative and reflective
- Pay for market value of employee
What is vertical alignment?
HR-practices match with a business strategy
What is a horizontal alignment?
HR-practices are consistent among all departments.
What does the LESS-model stand for?
- Local Context
- Experience
- Stakeholders: ensuring your decisions are fair, but also change management
- Scientific-Evidence
What is primary data?
collected specifically for addressing our issue. Includes satisfaction surveys, focus groups and interviews etc. Expensive and time-consuming.
What is secondary data?
data collected with a different or no primary purpose in mind and is still relevant. Can include business information or stats.