Exam #1 (chap 1-2) Flashcards
Ability to maintain and gain market share in an industry? (“winning”)
Competitiveness
Policies, practices and systems that influence employees behavior, attitudes, and performance?
Human Resource Management
All parties that have an interest in seeing that the company succeeds?
Stakeholders
Acquiring knowledge, skills, competencies, attitudes, or behaviors?
Learning
Four parts of Human Capital?
- know WHAT
- know WHY
- know HOW
- CARE why
- Knowledge (know what)
- System understanding and creativity (know why)
- Advanced skills (know how)
- Motivation to deliver high quality products and services (care why)
Bloom’s Taxonomy?
There is more than one way to “know” something
Facilitates learning job related competencies, knowledge, skills, or behavior?
Training (short-term)
Formal education, job experiences, relationship, assessments of personality/skills/abilities? (Future focused)
Development (long-term)
Formal training and development?
Programs, courses, and events that are developed and organized by the company
The ADDIE process? (planning for training)
Assess
Design
Develop
Implement
Evaluate
Process of moving jobs from the US to other locations in the world?
Offshoring
Relationships in the company?
Social capital
Systematic collection of knowledge that exists in a company?
Intellectual capital
Value of relationships with other organizations or persons?
Customer capital
Adoption of a new idea or behavior by a company?
Change
Training and development activities provided by individuals outside the company?
Outsourcing
What are the 3 H’s?
- What
- Why
- How
- Head (what)
- Heart (why)
- Hands (how)
Up or Out company?
2 years of work must lead to a promotion or new job. Constantly want new people with new ideas.
What the company hopes to acheive in the medium/long-term future?
Goals
Integrates the company’s goals, policies, and actions? Influences how the company uses physical, financial, and human capital?
Business strategy