Internal Management: Human Resource Management Flashcards
What is HRM?
Is the management of work and people
What does public HRM focus on?
on delivering public value and supporting employees due to the labour intensive field
What does private HRM focus on?
on competition and organisational strategy for profit generation
3 public HRM aspects differing from private HRM
- Systematic Approach: balance between soft hrm (wellbeing) and hard HRM (maximisation)
- Politico-Administrative Systems: political environment
-
Legal Environment: based on rule of law and hierarchy
This aspect doesn’t differ from private HRM
What is PSM?
The aspect analysing the motivation/motives a person has to deliver, implement and improve social aspects of the world.
General interest is greater than the personal interest
3 premises of PSM
- Attraction to Policymaking
- Commitment to Public Interest
- Compassion & SelfSacrifice
HR practices/recruitment process (5)
- Workforce planning
- Recruitment
- Performance Management
- Training & Development
- Release
HR Challenges (6)
- Diversity
- Equal Opportunities
- Employer Attractiveness
- Digitalisation
- New ways of working
- Leadership & Employee roles
HRM’s Value Chain Model
it describes what and why HRM is important for the organisation by focusing on the organisation’s strategy, HRM policies and facilitating employees’ attitudes
Vertical Alignment of HRM’s VCM
HR practices are in line with the organisation’s strategy
Horizontal Alignment of HRM’s VCM
prevents the overlap of HRM’s policies and the organisational aims
Types of Leadership
Transactional
task/control oriented based on reward & punishment
Types of Leadership
Transformational
motivational style. followers have greater autonomy and better relationship with the leader
Types of Leadership
Charismatic
charismatic style through inspiration & encouragement
Leadership Theories (2)
Adaptive Leadership Theory: leader adapts to the followers and environmental dynamics
Social Identity Theory: is based on group dynamics and traditional leadership background