Human Resource Cycle and Management Strategies Flashcards
What is the Human Resource Cycle?
Acquisition > Development > Maintenance > Separation > Renewal
What is Acquisition?
For acquisition the business needs to be able to identify staff needs, recruit suitable applicants
with the expertise and appropriate skills to complete the job and then select the best possible
candidate.
What is Development?
The development of staff includes all forms of training that aims to improve the employees’
present and future performance in the workplace.
What is Training?
Training results in upgrading of skills, knowledge and competency levels in order to better meet
the needs of the business.
What is Maintenance?
Maintenance of staff is achieved through monetary and non-monetary benefits and achieves
loyalty, job satisfaction and improved work relations.
What is Separation?
Separation may be voluntary, as in a worker’s retirement or resignation, or involuntary through
dismissal or redundancy/retrenchment.
What are Maintenance Rewards?
Monetary: • Salary/wage • Commission • Bonuses • Profit Sharing • Share plans • Fringe benefits
Non-Monetary: • Job Variety • Positive feedback • Flexible working hours • Secure organisation
What are the 5 Management Styles?
· Refers to the way management gets things done · Involves on aspects of the manager's personality, values and ability as a leader · Main styles are: o Autocratic o Persuasive o Consultative o Participative o Laissez faire
What is the Autocratic Style?
· Authoritarian style
· Management tells staff what decisions it has made
· All policies dictated by management
· Rigid setting of work organisation
· Payment is sufficient motivation and reward for effort
· Orders to be carried out without question
· Short time frame
Problems:
· Creates poor relationship between management and staff
· Stifling initiative and management potential
· Need for constant supervision
Considered least effective management style
What is the Persuasive Style?
· Management communicates decisions effectively to staff
· Management sells decision to staff
· All policy dictated by management
· Commitment to tasks through persuasive techniques
· Willingness to empathise with staff on occasions
Problems:
· Similar to autocratic
What is the Consultative Style?
· Management consults staff before making significant decisions
· Upwards channels of communication
· Information to staff
· Encouragement of group discussion on policy
· Staff suggestions are valued
· Management seen as a regular part of the group (not them and us)
· Objective and fact-based praise and criticism of work
· Can be seen as expensive and time consuming
What is the Participative Style?
· Management joins with staff to make a group decision · Authority delegated to subordinates · Goals and decision making by group · Faith and trust in staff · Praise in terms of work results · Support of persons being criticised
Problems:
· Cumbersome in responding to need for rapid change
· Perceived lack of authority can lead to insecurity among staff
What is the Laissez-faire Style?
· Organisation and its people are allowed to drift with very few useful management outcomes
· French work for ‘leave alone’
· Extreme form of participative style
Works best with highly skilled employees.
What is known as the Situational approach?
· Choice of the best management style depends on the situation · Each situation involves o Manager o Subordinates o Tasks to be completed o Constraints on organisation