Introduction

Question 1

Why is human resource management important?

Answer 1

No managers want to:

• Hire the wrong person for the job
• Experience high turnover
• Have employees work below performance expectations
• Allow a lac of training to undermine a departments effectiveness
• waste time with useless interviews
• Have the company cited for unsafe practices
• Commit any unfair labor practices

Question 2

What does Human Resources consist of?

Answer 2

Recruitment, Selection &Introduction

• Personal Administration
• Training & development
• Performance & reward management
• Talent Management
• Succession & Career planning
• Labor Relations
• HR planning

Question 3

What is Human Resource Management?

Answer 3

The management of people in organizations to drive successful organizational performance and achievement of the organizations strategic goals

Question 4

What are human resource managers responsible for?

Answer 4

1. Finding and hiring the best individuals available
2. Developing their talent
3. Creating a productive work environment
4. 4. Continually building and monitoring the human assets

Question 5

How does a human resource manager maximize an organizations outcome?

Answer 5

1. They maximize employees’ human capital (knowledge) through training
2. Ensure the employees have the behaviors to achieve organizations strategic objectives
3. An HRM system should align with the organizations strategy
4. HR strategy should be aligned with company’s strategic plan

Question 6

In terms of the strategic role of HRM, define Strategic Plan

Answer 6

How company will match internal strengths and weaknesses with external opportunities and threats to maintain a competitive position

Question 7

In terms of the strategic role of HRM, define Strategy

Answer 7

Course of action company pursues to achieve it strategic aims, essentially addressing what the business is doing.

Question 8

In terms of the strategic role of HRM, define Strategic Management

Answer 8

The process of identifying and executing the strategic plan by matching the company’s capabilities with the demands of its surrounding environment

Question 9

In terms of the strategic role of HRM, define Human Capital

Answer 9

The knowledge, education, training and skills of an organizations workforce

Question 10

What are some external environmental influence on HRM?

Answer 10

Economic condition (supply and demand ability to pay/give benefits), Labour market issues (education, generation issues), technology (controlling data and privacy), government aids, globalization (competitive), managing sustainable environment

Question 11

What are some Internal environmental influence on HRM?

Answer 11

organizational culture(beliefs), Organizational atmosphere, management practices (employee empowerment)

Question 12

Describe the traditionalist generation

Answer 12

1922-1945. Grew up in era of hardship, with war and the great depression.

• Hardworking
• Loyal

Question 13

Describe the Baby Boomers generation

Answer 13

1946-1964
Largest group in workforce. Grew up with optimism, women movement.
-team oriented
-driven to succeed

Question 14

Describe the Generation X-ers

Answer 14

1965-1980
Grew up as divorce rates skyrocketed. First technology illiterate generation
-independence
-creative

Question 15

Describe the Generation Y-ers

Answer 15

1981-2000
Beginning to enter the workforce. Expect to change jobs frequently.
-confidence
-diverse