SHRM BoCK Definitions Flashcards
ADDIE
Analysis, design, development, implementation, evaluation
ISD for design/development of learning systems
ADR
Alternative dispute resolution - umbrella term for techniques other than litigation for dispute resolution (mediation, arbitration, etc.)
Analytics
Tools that add context or subclassifying comparison groups so data can be used for decision support
Applicant
Person who applied or formally expressed interest in a position
ATS
Applicant tracking system - software app that automates org’s mgmt of recruitment process
Arbitration
ADR method where parties agree to be bound by decision of impartial person(s) to whom they submit dispute
Assessment Center
Process by which candidates or EEs evaluated to determine suitability and/or readiness for employment, training, promotion, etc.
Balance sheet
Stmt of org financial position at specific point, shoring assets, liabilities & shareholder equity
Balanced scorecard
Performance mgmt tool depicting org’s overall performance measured against goals, lagging indicators, leading indicators
Benchmarking
ID’ing performance gaps, setting goals for improvement by comparing data, perf levels, and/or processes against other orgs
Benefits
Mandatory or voluntary payments/services provided to EEs, typically covering retirement, healthcare, sick pay/disability, life insurance, PTO
Bias
Conscious/unconscious beliefs influencing a person’s perceptions or actions, which may cause that person to become partial or prejudiced
BFOQ
Bona fide occupational qualification - factor that is reasonably necessary in the normal ops of an org to carry out particular job fx (eg gender, religion, etc.)
Business Case
Tool/doc defining specific problem, proposing solution, providing justifications for proposal in terms of time, efficiency, probability of success
Business Intelligence
Internal and external raw data of org translated into info for decision makers to use in taking strategic action
Business Unit
Element or segment of org that represents specific fx (legal, accounting, marketing, etc.)
Buy-In
Person/group provides sustained commitment in support of decision, approach, solution, action
Career Development
Progression thru series of employment stages characterized w/unique issues, themes, tasks
Career Mapping
Process of using visual tools/guides to depict typical or exemplary career paths, positions, roles, stages
Career Pathing
ERs provide EEs w/clear outline for moving from current to desired position
Cash flow Statement
Stmt of org’s ability to meet current/short-term obligations, showing incoming/outgoing cash/cash reserves in ops, investing, financing
Center of Excellence
Team or structure that provides expertise, best practices, support, and/or knowledge transfer in focused area
Change Initiative
Transition in org’s technology, culture, or behavior of EEs & mgrs
Change Mgmt
Principles/practices for managing change initiative so it’s more likely to be accepted and provided w/resources
Coaching
Focused, interactive communication & guidance to develop/enhance on the job performance, knowledge, behavior
Collective Bargaining
Mgmt & union reps negotiate employment conditions for particular bargaining unit for designated period of time
Comparable worth
Jobs primarily filled by women requiring skills, effort, resp, working conditions comparable to those primarily filled by men should have same class/salaries
Competencies
Clusters of highly interrelated attributes including KSAOs giving rise to behaviors needed to perform the job effectively
Compliance
Being in accordance w/all nat’l, fed, regional, local laws, regs, other gov’t auth/reqs applicable to where org operates
Conciliation
Method of nonbinding ADR where neutral 3rd party tries to help disputing parties reach agmt (eg mediation)
Conflict of interest
situation where person or org may directly/indirectly benefit from undue influence due to involvement in outside activities, relationships or investments that conflict w/or have impact on employment rlnship or outcomes
CSR
Corporate social responsibility - impact on lives of stakeholders and environment, considering philanthropy, sustainability, EE rights, social change, etc.
CBA
Cost benefit analysis - determines financial impact of org activities & programs on profitability, thru process of data or calculation comparing value created against cost of creating that value
Critical path
Amount of time needed to complete all req elements/components of task, taking into account all project-task rlnships
Culture
Basic beliefs, attitudes, values, behaviors, customs shared/followed by members of group - contributing to group ID
Disability
Physical or mental impairment that substantially limits ones’ major life activities
Diversity
Differences in ppl’s characteristics eg. age, race, gender, personality, work style, etc.
Due diligence
Req to fully investigate action before it is taken thru diligent research/evaluation
E-learning
Electronic media delivery of educational/training materials, processes, programs
EI
Emotional intelligence - ability to be sensitive & understand one’s own and others’ emotions and impulses
EE Engagement
EEs emotional commitment to org, demonstrated by willingness to make effort to promote effective functioning
EE surveys
Collect and assess info on EE attitudes and perceptions of work environment/conditions
EVP
Employee value proposition - perceived value of total rewards/benefits they receive from org
Employees
Ppl who exchange work for wages or salary
Ethics
Set of behavioral guidelines that org expects of all EEs, to ensure moral and ethical biz standards
Evidence-based
Approach to evaluation and decision-making that uses data/research findings to drive biz outcomes
Focus group
Small group of invited ppl who actively participate in structured discussion, led by facilitator to elicit input on product, policy, process, program
Gap analysis
Assessing current state in order to determine what is needed to move to desired future state
Global mindset
ability to have int’l perspective, inclusive of other cultures’ values
Globalization
Status of growing interconnectedness and interdependency among countries, ppl, orgs, markets worldwide
Governance
Rules/processes set up by org to ensure compliance w/local and int’l laws, accounting rules, ethical norms, codes of conduct, etc.
Hazard
Potential harm, often associated w/condition or activity that can result in injury or damage if left uncontrolled
HR Business Partner
HR professional who advises leaders in developing and implementing human capital strategy aligning w/org mission, vision, goals
HR Service Model
Structuring, delivering HR services to support org success