HRM MODULE 1 Flashcards
TWO ORGANIZATION PERSPECTIVES
SUCCESS AT VARIOUS STAGES OF THE LIFE CYCLE AND SUCCESS FROM THE STAKEHOLDERS VIEWPOINT
IS A SERIES OF STAGES THROUGH WHICH CAN ORGANIZATION MOVES DURING THE LIFETIME
ORGANIZATIONAL LIFE CYCLE
T OR F: STAGES OF GROWTH BEGIN WHEN THE ORG IS FOUNDED AND END WHEN IT CEASES TO EXIST
TRUE
4 COMMON STAGES IN THE ORG LIFE CYCLE
THE ENTREPRENEURIAL STAGE, COMMUNIAL, FORMALIZATION, AND ELABORATION.
IT IS THE SURVIVAL AND GROWTH
ENTREPRENEURIAL STAGE
TO DEVELOP IDENTITY
COMMUNIAL
EFFICIENT PRODUCTION
FORMALIZATION
ADAPTATION AND RENEWAL
ELABORATION STAGE
INDIVIDUALS OR GROUP OF PEOPLE WHO ARE AFFFECTED BY AN ORG
STAKEHOLDERS
PRIMARY STAKEHOLDERS
EMPLOYEES, CUSTOMERS, AND OWNERS
PEOPLE WHO INVEST IN AN ORG AND BUYS STOCKS
STOCKHOLDERS
THE CHAIN OF SUCCESS
HRM-EFFECCTIVE EMPLOYEES-CUSTOMER SERVICE-FINANCIAL PERFORMANCE
PROCEDURES TO PROVIDE A SAFE AND SECURE WORKING ENVIRONMENT
RISK MANAGEMENT
HR COMPETENCIES
KNOWLEDGE OF BUSINESS
HUMAN RESOURCE PRACTICES
CHANGE MANAGEMENT
HELPS THE ORG TO GROW AND ADAPT TO NEW SITUATIONS
CHANGE MANAGEMENT