Human Resources Planning Flashcards

1
Q

Corporate strategy leads to a strategic plan. What are the four types

A

emergent (plan that changes incrementally due to envir changes), intended (formulated plan), realized (implemented) discarded

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are four human resources planning strategies?

A
  • growth (mergers and acquisitions, incremental, international)
  • stability (content, can be temp strat)
  • turnaround (attempt to increase viability of org, part of restructuring)
  • restructuring (turnaround, divestiture - sale of part of org, liquidation, bankruptcy)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

benefits of strategic planning include

A

clarity, coordination, efficiency, incentives, adjustment to change, career development

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

the articulation of the purpose of the org and the value it creates for customers

A

mission

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

defines long-term goals ‘where are we going?’

A

vision

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

basic beliefs that govern individual and group behaviour in an org

A

values

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Porter’s 5 business strategies

A
  1. low-cost
  2. differentation
  3. best-cost
  4. focused/market niche low cost
  5. focused/market niche differentation
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Specify values put on HR that informs an org’s policies and procedures

A

HR philosophies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Direct and constrain development of specific practices

A

HR policies (ex. increase diversity)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

recruitment, selection, appraisal are types of

A

HR practices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Environmental scanning process

A

scanning, monitoring, forecasting, assessing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Environmental influences

A

economic climate, globalization, political and legislative factors, technological factors, demographic factors, social and cultural factors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The heart of the HR planning process

A

HR forecasting

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

when internal work force exceeds org’s requirement/demand for personnel

A

hr surplus

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

demand for hr exceeds current personnel available in workforce

A

hr shortage

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Steps in forecasting process

A

identify org goals/objectives, determine hr demand, assess in-house skills, determine net demand requirements to be met by external supply, develop hr programs/plans

17
Q

Steps in succession management process

A

align succession management plans with strat, identify skills and competencies needed to meet strat objectives, identify high potential e’e, provide developmental opportunities and experiences, monitor success

18
Q

long-term-changes in skillset in org- replacing high level skills (org strategy)

A

succession planning

19
Q

short-term like paternity leave (job)

A

replacement planning

20
Q

fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical, contemporary measures of performance, such as cost, quality, service and speed

A

business process re-engineering

21
Q

The change model is 3 parts

A

unfreezing, moving, refreezing

22
Q

long-term strategy that changes culture, attitudes and values of e’e to reduce costs and enhance quality

A

systematic change

23
Q

Decisions were objective, fair to device who to let go

A

procedural justice

24
Q

how survivors of downsizing feel those affected feel

A

interactional perceptions of justice

25
fairness of decision to downsize
distributive justice
26
types of interpersonal treatment e'e receive during downsizing implementation
interactional justice
27
unwritten commitment between employers and e'e towards job security and rewards for loyal service
psychological contract
28
impacts of downsizing
negative attitudes and behaviours, reduced performance, lower productivity, emotions of downsized survivors
29
Options/alternatives to downsizing
cutting non-personnel costs, cutting personnel costs, incentives for voluntary resignation/early retirement
30
benefits provided to displaced workers
severance pay, continuation of benefits
31
4 stages of international growth
1. domestic strategy - exporting goods abroad as means of seeking new markets, focusing on domestic markets and exporting w/out altering for foreign market 2. multidomestic strategy - development of foreign markets by selling to foreign nationals, subsidiary set up 3. multinational strategy - standardizing products around the world to gain efficiency, price sensitive perspective popular and cultural differences less emphasized 4. global strategy - culturally sensitive products with least amount of cost, geocentric, very complex
32
3 compensation strategies for international e'e
home-based policy - links base salary to salary structure of their relevant home country host-based policy - links base salary to salary structure of host country but retains home country salary structure for other international supplements such as housing, schooling etc region-based policy - compensates expatriates working in their home regions at somewhat lower levels than those who are working in regions far from home
33
Types of mergers
horizontal - merging of two competitors vertical - merger of buyer and seller or supplier conglomerate - merge of 2 orgs in different markets
34
Three reasons why orgs merge
strategic benefits, financial benefits, needs of CEO or managing team
35
best success rates for mergers involve
similar organizations and when a larger firm absorbs a smaller one
36
measures of efficiency
time, cost, volume
37
5c model of evaluation hrp
compliance, client satisfaction, culture management, cost control, contribution