Goals and Challenges of HRM, HR and Diversity Flashcards
Who is responsible for HRM?
HR Managers, Employees in the HR Department, CEO’s, Shareholder, all Managers, Outsiders (Consultants, Outsourced Companies, Headhunters, Trainer/Coaches)
Name and explain the four main aspects of the HR Competency Model.
Business Masters (Business acumen, Customer orientation, External relations)
Personal Credibility (Trust, Courage, Lived values, Personal relationships)
HR Mastery (Staffing, Performance appraisal, Rewards system, Communication, Organization design)
Change Mastery (Interpersonal skills and influence, Problem-solving skills, rewards system, innovativeness and creativity)
What are the main goals of HRM?
Economic goals
- optimizing human capital
- increasing performance
- using and optimizing employees qualifications, know-how and creativity
Service goals
- equal pay
- pay for performance
- no time limits for labour agreements
Judical, organizational goals
What are the main challanges of HRM?
Demographic changes
- diversity immigration challenge
- age distribution of employees
- gender distribution of the workforce
- education of the workforce
Cultural changes
- employee rights
- concern for privacy
- changing attitudes toward work
- balancing work and family