HRM Flashcards
HRM (Human Resource Management)
How the workforce is managed by a business in order to meet the strategic objectives of that business.
Activities undertaken by HRM
-workforce planning
-recruitment & selection
-training & development
-recruiting staff
Organisational charts
Shows hierarchy in a business, who’s responsible for which functions, authority, lines of communication.
Span of control
Number of employees for who a manager is responsible for
Narrow span of control + -
+better communication
+employee satisfaction
+closer teams
-watched over too closely
Wide span of control + -
+faster communication
+Independence
+Quick decision making
-lack of control
-less promotion opportunities
-stressed employees
Chain of command
Order of authority and delegation within a business
Line relationships
Vertical in heirarchy between managers and subordinates
Staff relationships
Horizontal between two on same level
Tall structure
+clear lines of communication
+clear control
+leadership
Flat structure
+empowering
+team working
+cheaper
+encourage idea sharing
Delayering
Reducing the number of levels/layers in an organisational structure
+reduce wage costs
+faster communication
+quicker decisions
-wide spans of control
-redundancies
-staff morale damaged
Delegation
Assignment to others of the authority for particular functions, tasks and decisions
Empowerment
Giving employees the power to do their job
Centralised structure
Keep decision-making firmly at the top of the hierarchy
+easy to implement common prices
+marketing EOS
+quicker decision making
-lack of authority down hierarchy
-customer service lost
-bureaucratic (extra layers)
Decentralised
+customer service
+good way of training
+improve staff motivation
-not strategic decision making
-diseconomies of scale
-harder to ensure policies
Training needs analysis (TNA)
Identify gap between current and required knowledge/skills to create training plan for staff
Apprenticeship
Long term development programme for workers to learn job skills while they work through a mixture of on-the-job training and study
Academic training
Class room based
Vocational training
Some class room, mostly/all practical. Specific to particular type of job
Appraisel
Formula meeting between manager and employee of their performance
Managerial appraisal
Manager examines performance
+expert input
+makes subsequent actions
-may not work closely
-one point of view
Self assessment appraisal
Employees asses own performance, using tick sheet. Stand alone or in advance of managerial appraisal.
+ employees know themselves the best
-bias
Labour turnover
Measuring number of employees who’ve left business relative to number employed
(Number of employees leaving during year/average number employed during year) x 100