SHRM - Organization Flashcards
ADR - Alternative Dispute Resolution
Umbrella term used to describe a number of problem solving and grievance resolution approaches.
Analytics
Tools that convert metrics to be used for decision support by adding context or further subclassifying comparison groups.
Arbitration
Procedure in which disputes are submitted to one or more impartial persons for final determination
At Will Employment
Common-law principle stating that employers have the right to hire, fire, demote, and promote whomever they choose for any reason unless there is a law or contract to the contrary and employees have the right to quit a job at any time.
Balanced Scorecard
Measurement approach that provides an overall picture of an organization’s performance as measured against goals in finance, customers, internal business processes and learning and growth.
Bias
Occurs when an appraiser’s values, beliefs, or prejudices distort performance ratings.
Big Data
High-volume, high-velocity, and high-variety information assets that require innovative forms of information processing for enhanced insight and decision making.
Blogs
Broadcast-style communications that enable authors to publish articles, opinions, product or service reviews, etc. on a web page.
Departmentalization
Way an organization groups jobs to coordinate work.
Dedicated HR
HR structural alternative that allows businesses with different strategies in multiple units to apply HR expertise to each unit’s specific strategic needs.
Force-field analysis
Type of analysis in which factors that can influence an outcome in either a negative or positive manner are listed and then assigned weights to indicate their relative strengths.
Succession planning
A talent management strategy to help identify and foster the development of high-potential employees.
KPI - Key performance indicators
Quantifiable measures of performance used to gauge progress toward strategic objectives or agreed standards of performance.
Delphi technique
Forecasting technique that progressively collects information from a group without physically assembling the contributors.
Judgmental forecasts
Use of information from past and present to predict future conditions.
Restructuring
Act of reorganizing legal, ownership, operational, or other organizational structures.
Performance standards
Expectations of management translated into behaviors and results that employees can deliver.
ULP - Unfair labor practice
Violation of rights under labor-relations statutes.
Functional structure
Organizational structure in which departments are defined by the services they contribute to the organization’s overall mission, such as marketing and sales, operations, and HR.
Cost-benefit analysis
Ratio of value created to cost of creating that value; allows management to determine the financial impact particular activities and programs have on an organization’s profitability.
Shared services HR model
HR structural alternative in which centers with specific areas of expertise develop HR policies in those areas; each unit can then select what it needs from a menu of these services.
COE - Center of excellence
HR structural alternative established as an independent department that provides services within a focused area to internal clients.
Organizational exit
Process of managing the way employees leave the organization.
Hybrid structure
Organizational structure that mixes elements of the functional, product, and geographic structures.