HRM 4 Flashcards
A process for making decisions about an organization’s long-term goals and how they are to be achieved.
Strategic Planning
An organization’s basic purpose and the scope of its operations.
Mission
An organization’s long-term goals regarding what it wants to become and accomplish; it describes its ideal future.
Vision
The enduring beliefs and principles that guide an organization’s decisions and goals.
Core Values
How an organization will compete in a particular market.
Business Strategy
Aligning an organization’s Human Resources to effectively accomplish the organization’s strategic goals.
Human Resource Planning
Uses past employment patterns to predict an organization’s future labor needs.
Trend Analysis
Indexing headcount with a business metric.
Staffing Ratio
Relies on manager’s expertise to predict an organization’s employment needs
Judgmental Forecasting
Worksheets or databases summarizing each employee’s competencies, qualifications, and anything else that helps the organization understand how the employee can contribute.
Talent Inventories
Graphically shows current job holders, possible successors, and each successor’s readiness to assume the job.
Replacement Chart
Identifying, developing, and tracking employees to enable them to eventually assume higher-level positions.
Succession Planning
Comparing labor supply and demand forecasts to identify future talent needs.
Gap Analysis
A strategy for proactively addressing an expected talent shortage or surplus.
Talent Action Plan
Breaks work down into its simplest elements and then systematically improves the worker’s performance on each element.
Scientific Management
Proposes that job characteristics, including skill and variety, task identity, task significance, autonomy, and task feedback, lead to satisfaction for people with a high growth need.
Job Characteristics Model
A job design approach that increases a job’s complexity to give workers greater responsibility and opportunities to feel a sense of achievement.
Job Enrichment
A job design approach that adds more tasks at the same level of responsibility and skill related to an employee’s current position.
Job Enlargement
Involves moving workers through a variety of jobs to increase their interests and motivation.
Job Rotation
The process of training employees in more than one job or skill to enable them to do different jobs.
Cross-Training
A systematic process used to identify and describe the important aspects of a job and the characteristics a worker needs to perform the job well.
Job Analysis
A written description of the duties and responsibilities of the job itself.
Job Description