hr Flashcards
Explain the HC activities
Human resource management, Human resource development and organizational development
Example human capital
Human Capital is the knowledge or experience of a person that is required by the job
What is Organizational Development?
OD is an systematic approach to improve the organization’s capabilities. In simple words, it is to know how to get things done.
What are the components of OD?
Knowledge management, comparability system management, Change Management, Quality of workplace
What is Human Resource Development?
HRM mainly focuses of people management, and also makes sure that the HRD improves and meets all the requirements by the external environment.
What are the components of HRD?
HR planning, Recruitment and selection, Benefits and compensation & Engagement
Explain the Evolution of Human Capital
Personnel, organizational, human resource management
What are the constituents of HC and explain
Intellectual Capital, Social Capital & Organizational capital. IC- stocks and flows of knowledge, intangible association with people, tangible money and physical assets. Social capital - knowledge of trust, connections and cooperation that holds the org together. Org- the knowledge the org actually owns
Explain Knowledge management.
Km is collaborative and integrated approach to creation, capture, org access, & use of enterprise’s intellectual assets. As Ryle (1946) mentioned about the two types of KM which is “knowing how” meaning an individual ability to perform the task & “knowing that” meaning that individual knowledge of the task.
What are the 2 critical activities of KM?
Tacit Knowledge & Explicit Knowledge
Why is KM so important?
Globalization of businesses, Leaners org, leaning new knowledge, advance tech growth.
What are the benefits of KM to 3 groups?
Individual, community and organization
Explain the fish diagram of KM process.
KU (knowledge vision, knowledge sharing, knowledge assets)
What is the difference between TACIT VS EXPLICIT?
Tacit is to be able to adapt, collaborate and to coach & mentor. Explicit is to reproduce, access and re-apply knowledge as well as organize and systematize
Define Iceberg model.
top part - explicit (documents and records) can be easily found and applied. Middle part - conscious knowledge (tacit) experience and commitment. Knowledge that people have. Unconscious Knowledge - knowledge that is invisible, inaccessible and overlooked.