HR Competencies Flashcards
Group decision-making tool designed to analyze the forces favoring and opposing a particular change. A factor is weighted, and the factors on each side are summed compared.
Force-field analysis
Technique that progressively collects information from a group of anonymous respondents.
Delphi technique
Ability to take an international perspective, inclusive of other cultures’ views.
Global mindset
Right of a legal body to exert authority over a given geographical territory, subject matter, or persons or institutions.
Jurisdiction
Legal systems based on written codes (laws, rules, or regulations.)
Civil law
Ability to use information to gain a deeper understanding of an organization and make sound business decisions.
Business intelligence
Capacity to recognize, interpret, and behaviorally adapt to multicultural situations and contexts.
Cultural intelligence
Societies in which relationships have less history; individuals know each other less well and don’t share a common database of experience, so communication must be very explicit.
Low-context cultures
Constructing a message so that an audience sees communicated facts in a certain way and is persuaded to take certain action.
Framing
Concept that laws are enforced only through accepted, codified procedures.
Due process
Ratio of gross profit to net sales.
Gross profit margin
Business management software, that a company can use to collect, store, manage and interpret data from many business activities.
Enterprise resource planning (ERP)
Principles that guide decision making and behavior in an organization.
Code of conduct
Money an organization owes its vendors and suppliers.
Accounts payable
Money an organization’s customers owe the organization.
Account receivable
Statement of an organization’s ability to meet its current and short-term obligations, showing incoming and outgoing cash and cash reserves in operations, investments, and financing.
Cash flow statement
Presentation to management that establishes that a specific problem exists and argues for a proposed solution.
Business case
Statement of an organization’s financial position at a specific point in time, showing assets, liabilities, and shareholder equity.
Balance sheet
Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn.
Affinity diagramming
Concept that proposes that any organization operates within a complex environment in which it affects and is affected by a variety of forces or stakeholders who all share in the value of the organization and its activities.
Stakeholder concept
The benefit created when an organization meets its strategic goals; measure of usefulness, worth, or importance.
Value
Statistical method used to test the possible effects of altering the details of a strategy to see if the likely outcome can be improved.
Scenario/what-if analysis
Technique in which participants each suggest ideas through series of round and then discuss the items, eliminate redundancies and irrelevancies, and agree on the importance of remaining items.
Nominal group technique
Raw average of date that gives equal weight to all values, with no regard to other factors.
Unweighted mean
Type of analysis that starts with a result and then works backward to identify fundamental cause.
Root-cause analysis
Extent to which an organization’s agreements, dealings, information, practices, and transactions are open to disclosure and review by relevant persons,
Transparceny