Human Resources Flashcards
(177 cards)
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.