Human Resources Flashcards
HRM Definition
-The set of policies, practices and systems that influence employees, behavior, attitudes and performance.
HRM Definition 2
all planned and controlled activities in an organization to build and maintain RELATIONS between company and employees to meet company objectives.
HRM practices and activities (8)+3
Job Analysis
- Analyzing work and designing jobs (planning/work design)
- HR planning
- Recruiting
- Selection
- Training and Development/career planning
- Performance Management/appraisal
- Compensation/rewards/job evaluation
- Positive employee Relations
• Personnel policies
• Managing and using HR Data
• Compliance with labor laws
What is human capital?
Human Capital considers the organization’s employees, described in terms of their training, experience, judgement, intelligence, relationships and insights—> employees characteristics that can add value to the organization
Human resources qualities
- They are valuable
- They are rare
- HR cannot be imitated
- HR have no good substitutes
high performance work system
an organization in which tech, org structure, people and process work together to create the competitive
advantage.
The evolution of HR department/ 3 product lines of HR
administrative function → business partner services → strategic partner.
Human resources-> human capital (50s) ->people management
HR as a Business partner service
systems that can help the org meet its goals for attracting, keeping and developing peoples with the needed skills. Starting from the mission HR people must understand the business and so the business needs in order for the system to be effective.
HR as a Strategic partner
Contributing to the company’s strategies through an understanding of its existing and needed HR. HR people must understand the business, its industry and its competitors
human resource planning
identifying the # and types of employees the organization will require to meet its objectives.
talent management
the systematic, planned effort to attract, retain, develop and motivate highly skilled employees and managers
evidence-based HR
collecting and sing data to show that HR practices have a positive influence on the company’s bottom lone or key stakeholders
Analyzing and designing job
Job analysis and job design
Recruitment
Process through which the organization seeks applicant for potential employment. It comes from different sources, internal and external
selection
process by which the org attempts to identify applicants with the necessary knowledge, skills, abilities and other characteristics that will help the org to achieve its goals.
training
planned effort to enable employees to
learn job-related knowledge, skills abilities and behaviors, with the goal of applying these on the job
Development
acquisition of knowledge, skills, and heavier that
improve an employee’s ability to meet changes in job requirements and in customer demands.
Performance management
Ensuring that employees’ activities and outputs
match the organization’s goals. Observing behaviors and/or outcomes. Short term or long term, by group or individual
Maintaining positive employee relations
Preparing and distributing employee handbooks that detail company’s policy and also company
publications as newsletters.
Establishing and administering personnel policies
Related to hiring, discipline, promotions and benefits. Workplace safety - customers relation. Ethic think
Society of HRM (SHRM) competences for HR professionals
- technical competences (HR expertise)
- interpersonal competences (relationship, communication, cultural and global effectiveness)
- business competences (business acumen, critical evaluation, consultation)
- leadership (leadership, navigation, ethical practices
6 Characteristics of HR members (competences)
important
- Credible activist
- Cultural and change steward
- Talent manager/organization’s designer
- Strategic architect
- Business allies
- Operational executors
HRM challenges
- shift from commodity-based economy to knowledge economy (intangible assets, knowledge workers)
- from paternalistic career model to individual agency, empowerment
- Technology challenge
- Change of skills demanded, talent shortage
- Sustainability challenge
- Globalization challenge
Sustainability
The organization’s ability to profit without depleting (consume, expend) its resources. Three main level of sustainably challenge: organizational, individual and community level.
Psychological contract
The relationship existing between the company and the employee that includes the mutual expectatiosn of the employer and employees. 4 main points to be aligned: goals, needs, values and aspirations.
Organizations expect their employees to contribute with time, effort, skills, abilities, and loyalty. In return, the organizations would provide job security and opportunities for promotion.
a) satisfaction->commitment + identification w employer branding = HIGH PERFORMANCES: good organizational behaviors
b) break->absenteeism, high turnover, LOW PERFORMANCES
Workforce is predicted to become more diverse in terms of
age, ethnicity and racial background.
How to manage diversity
▪ Communication, coaching and development
▪ Feedback based on objective outcomes
▪ Create a comfortable working environment
▪ Recognize and solve to generational issues
Ethical companies
- Good relationships with customers, vendors and clients.
- Employees assume responsibility for the actions of the company.
- Have a sense of purpose or vision that employees use in their day to day work.
- Emphasise fairness.
Ethical HRM
• HRM practices must result in the greatest good for the largest number of people
• Employment practices must respect basic human rights of privacy, due process, consent, and
free speech
• Treat employees and customers equitably and fairly
• Recognize ethical issues that may arise
high-performance work systems definition
are organizations that have the best possible fit between their social system (people and how they interact) and technical system (equipment and processes).
high-performance work systems characteristics
-knowledge workers
-Employees empowerment (fully engaged in their work)
- Teamwork
Ø Changes in Skill Requirements
Ø Working in Partnerships.
Ø Changes in Company Structure and Reporting
Relationships.
Ø Increased Use and Availability of e-HRM and
Human Resource Information Systems.
Employee empowerment
Means giving employees responsibility and authority
to make decisions regarding all aspects of product development and customer service. Be proactive, entrepreneurial mindset.
How HR professionals can support organizational strategies for growth, quality and efficiency
- HR are familiar with the corporation’s strategy
- in M&A
- High quality strandarsd and training
- Cost control (downsizing, re-engineering, outsourcing)
Re-engineering
complete review of the organization’s critical work processes to make them more efficient and able to deliver higher quality.
human resource information system (HRIS) pg 24
A computer system used to acquire, store, manipulate, analyze, retrieve and distribute information related to
an organization’s Human Resources.An HRIS can support strategic decision making, help the organization avoid lawsuit, provide data for evaluating programs or policies and support day to day HR decisions
Types of tecnology used bu HR
- Internal portals
- shared service centers
- cloud computing
- Business intelligence
- Data mining
Employees self service
This means employees have online access
to information about HR issues such as training, benefits, compensation and contracts
job hopping
the international practice of changing jobs
frequently
Change in the Employment Relationship
- A psychological contract
- Declining Union Membership
- Flexibility (flexible staff levels, schedules,
Mission
Defines the fundamental purpose of an organization or an enterprise, by describing why it
exists and what it does to achieve its vision
HR’s Administrative services and transactions tasks
Compensation, hiring and staffing. Emphasis on resource efficiency and service quality
HR’s Business partner services
developing effective HR systems and helping implement business plans. The emphasis on knowing the business and Exercising influence, problem solving,
designing effective systems to ensure needed competences.
HR’s Strategic partner services
Contributing to business strategy based on considerations of human capital, business capabilities, readiness, and developing human resource practices as strategic differentiators. Emphasis on knowledge of human resources end of the business, competition, the market, and business strategies
Strategic Management Process Model (important)
Made of 2 big phases (+ HR in mezzo)
- strategy formulation= from the mission defined by the governance of the firm, we can establish the firm’s goals and through a SWOT analysis identify the strategy of the company.
- Draft the human resource needs
- strategy implementation =implement all the strategic parts of the HRM useful for the firm performance (HRM practices, capabilities, actions)
Training & development
Training is a planned effort to facilitate learning of job related knowledge, skills, and behavior. Development is the acquisition of knowledge, skills, and behavior that improves the employees’ ability to meet the challenges of future jobs.
Focuses of HR
-Administrative
-One way: the company decides the strategic plan
-2 way there is an influence of the HR Department in the strategy formulation
-integrative linkage Hr: functions
contribute directly with the strategy formulation
2 ways in which HR provides competitive advantage:
- Emergent strategies —> strategies that evolve from the grass of the org
- Enhancing competitiveness —> developing human capital in a learning organization
Workflow design
is the process of analyzing tasks required for the production of a product or service, it
is done before assigning tasks to workers.
The organizational structure
refers to the relatively stable and formal network of vertical and horizontal interconnections between the jobs constituting the organization.
Work design
provides a longitudinal overview of the dynamic relationships by which inputs are converted into outputs
- Workflow analysis
- Analyzing Work Inputs
- Analyzing Work Processes / teamwork and reduce waste
- Analizing work outputs
Work(flow) analysis
1) Work inputs
- Raw inputs
- Equipment
- HR
2) Activity
3) Output
Analizing work outputs
Once these outputs have been identified, it is necessary to specify standards for the
quantity or quality of these outputs.
Analyzing Work Processes
are the activities to produce a given output.
Every process consists of operating procedures that specify how things should be done at each
stage of the development of the product. These procedures include all the tasks that must be performed in the production Of the output. The tasks are usually broken down into those performed by each person in the work unit.
Organization structure
- Dimensions: centralization - departmentalization
- Structural Configurations
Organization structure
- Dimensions: 1)centralization - 2)departmentalization
- Structural Configurations: 1)functional structure 2)divisional structure 3) mixed” approach
Departmentalization
the degree to which work units are grouped based on functional similarity or similarity of work flow.
functional structure
employs a functional departmentalization scheme with relatively high levels of centralization.
functional structure
Functional departmentalization scheme with relatively high levels of centralization. Individual units are so specialized that members have a weak conceptualization of the overall organization mission.
- Very efficient
-Little redundancy between units
-little opportunity for self-cannibalization
-reduce the number of errors committed by lower level workers, but errors can spread more rapidly
- inflexible and insensitive to subtle differences
between products, regions or customers.
- most appropriate in stable, predictable environments, where demand for
resources can be well anticipated and coordination requirements between jobs can be refined and
standardized
- helps organizations that compete on cost
Jobs in functional structures have
- narrow and highly specialized
- little decision-making authority or responsibility for managing coordination between themselves and others
divisional structure
-Combine a divisional departmentalization
scheme with relatively low levels of centralization. Units in these structures act almost like separate,
self-sufficient, semi-autonomous organizations.
-Can be organized around clients, or products, or geographical regions, …
-Tend to be more flexible and innovative.
-Employees feel treated more fairly and sometimes they can self-manage themselves
-not very efficient due to the redundancy associated with each group.
-can “self-cannibalize” gains in one unit at the expense of another
-problem: decisions that are too risky or out of line with the organization’s larger goals
- most appropriate in unstable, unpredictable environments, where it is difficult to anticipate demands for resources, and coordination requirements between jobs are not consistent over time.
- helps support organizations that compete on differentiation or innovation
- managers often need to be more experienced or high in cognitive ability
Career Planning
entails matching an individual’s skills and aspirations with opportunities that are or may become available in the organization
Job Evaluation
involves assessing the relative dollar value of each job to the organization to set up internally equitable pay structures
Why Job analysis is important to managers
- managers must have detailed information about all the jobs in their workgroup to understand the work-flow process
- to understand the job requirements to make intelligent hiring decisions.
- ensure that each individual is performing satisfactorily
- ensure that the work is being done safely
Job analysis information and definition
Job analysis is the process of getting detailed information about jobs.
1)Job descriptions 2)Job specifications
Job description
list of the tasks, duties, and responsibilities (TDRs) that a job entails. TDRs are observable actions.
job specification
list of the knowledge, skills, abilities, and other characteristics (KSAOs) that an individual must have to perform the job
Knowledge (importante)
information, theories, concepts about a certain disciplinary field. Factual or procedural information that is necessary for successfully performing a task
Skill
individual’s level of proficiency at performing a
particular task
Ability (triangolo Ability, knowledge, competences)
General enduring capability
Sources of Job Analysis Information
Internal - subject-matter experts - Job incumbents - Supervisors - Laypeople Other sources like customers External job analysts