Midterm Flashcards
Strategic HRM
Linked to the strategic needs of an org (corporate business and functional levels) must be consistent with org goals
Steps in Strategic Management
- Environmental Scan
- Organizational missions and goals analysis
- Analysis of organizational character and culture
- Analysis of organizational strategies
- Choice and implementation of HR strategies
- Review and evil of HR strategies
Economic force
Economic cycles, global trade, productivity improvement and global competitivness
Technological forces
Flexible work design, info sharing and knowledge management, automation
Demographic forces
Gender balance, shift to knowledge workers, aging population, generational shift
Cultural forces
Diversity and ethics
Cost leadership strategy
Aims to gain competitive advantage throw lower costs
Differentiation strategy
Focuses on creating a unique product
Focus strategy
Concentrates on segment marketing
Job analysis
Systematic study of a job to discover its specifications and skill requirements used for wage setting, recruitment, training or job simplification
Steps in Job analysis: phase one
Preparation for job analysis :
Familiarize with the org and its jobs
Determine uses of data
Identify jobs to be analyzed
Steps in job analysis phase 2
Collection of job analysis information:
Determine source of data (human or nonhuman source)
Data collection instrument design
Choice of data collection method
Steps in job analysis phase 3
Use of info:
Job description, job specifications, performance standards, job design
Job description
A recognized list of functions/duties /task/accountabilities/working conditions and competencies for a particular occupation of job Job identity Job summary Working conditions Approvals
Job specifications
Written statement that explains what a job demands and mans skills and factors requires