PREMIDTERM Flashcards
deals with the ”PEOPLE” dimension of management
HRM
are the policies, practices, and systems that influence employees’ behavior, attitudes, and performance
Human Resource Management
The proper handling of employees who are assigned different tasks and given opportunities to grow in their careers, develop their skills, and avail of and enjoy the benefits and rewards that the company provides.
HRM
____begins by defining a talent strategy in the context of the business strategy. I
Talent Management
Ensures that companies have high performing leaders to run the company.
Leadership Development
Defines the kind of bench strength6 that is necessary for succession (top down – position-driven).
Succession Management
Creates awareness of employees’ career goals (bottom up – employee-driven).
Career Management
Provides a vehicle for assessing talent.
Performance Management
The process for ensuring that the human resource requirements of an organization are identified and plans are made for satisfying those requirements
HRP
means devising plans, strategies, and tools to provide the right number of people with the right skills and qualifications at the right time.
HRP
___with different departments to strategize the right number of employees and positions needed in each department.
Coordination
___or the estimation of the costs of employment of human resources
Consideration
____of activities and tasks in each department by making sure that the right number of workers and positions are obtained
Concentration
IMPORTANCE OF HRP
HRP sees to it that the company can achieve its mission and vision by having the right people with the right skills deployed in the right department at the right time
The systematic monitoring of the major external forces influencing the organization.
Environmental Scanning