Structure of the HR Function Flashcards

1
Q

What is HR’s strategic role?

A
  • participation in creating the org’s strategy
  • aligning the HR strategy with the org strategy
  • supporting other functions in their strategic roles
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2
Q

What the most effective strategies are produced by

A

Cross-functional collaboration

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3
Q

The main responsibility of Executive management

A

managing the core business functions and their effort on the org’s performance

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4
Q

How HR can support Executive team

A

advising on the human capital implications of strategic decisions

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5
Q

How HR can support Accounting and Finance

A

support audits, risk prevention programs, monitor budgets

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6
Q

How HR can support Marketing

A

ensure its activities are aligned with the org’s brand

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7
Q

How HR can support Sales

A

designing compensation systems that motivate sales behavior, and provide training

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8
Q

How HR can support R&D

A

sourcing good candidates with cutting edge expertise, attractive compensation packages

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9
Q

How HR can support Operations

A

workforce planning needs, predict and manage gaps in resources, compliance

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10
Q

How HR can support IT

A

develop and communicate tech policies, develop a pipeline of qualified candidates, partner to implement HRIS

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11
Q

Role of HR Leaders

A

Strategic role, on senior leadership team

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12
Q

Role of HR Managers

A

responsible for units within the HR function, provide input to leaders

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13
Q

Role of HR Specialists

A

expertise in a specific area, apply best practices to their discipline

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14
Q

Role of HR Generalists

A

proficient enough in each area to provide advice and direction to employees and managers

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15
Q

Role of HR Business Partners

A

experienced generalists; represent HR services to specific business functions or units

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16
Q

HR org that ensures standardized HR policies and processes throughout the org consistently

A

Centralized HR

17
Q

HR org that allows for more direct contact between HR and other functions, facilitates communication and responsiveness

A

Decentralized HR

18
Q

HR structure where headquarters HR crafts policies, and generalists implement within business areas, adapt, and interact with employees

A

Functional HR

19
Q

HR structure where corporate HR articulates values and develops tools, and business unit HR develops local policies and practices

A

Dedicated HR

20
Q

HR structure where centers with specific areas of expertise develop HR policies in that area, and delivers to all business units - selecting from a menu of services

A

Shared Services HR

21
Q

Aims at leveraging strategic expertise in the org to foster growth and continuous improvement

A

Center of Excellence

22
Q

HR structure embedded in different areas of the business to better support each area, increases visibility of HR throughout org

A

Business Partners

23
Q

HR structure where business partners report up through HR senior leadership

A

Matrix Structure

24
Q

When outsourcing or cosourcing should be used

A

for HR activities that are not strategic but resource-intensive or require specialized expertise

25
Q

3rd party vendor provides selected activities

A

Outsourcing

26
Q

3rd party provides dedicated services to HR, locating contractors within the HR function

A

Cosourcing

27
Q

Steps of the outsourcing process

A
  1. Analyze needs and define goals
  2. Define the budget
  3. Create a request for proposal
  4. Send RFP’s to chosen contractors
  5. Evaluate proposals
  6. Choose a contractor
  7. Negotiate a contract
  8. Implement project and monitor schedule
  9. Evaluate the project
28
Q

Components of an RFP

A

deliverables, company info, project resources, outlined development process, references, executive summary, costs

29
Q

Steps to create a balanced HR scorecard

A
  1. define KPI’s
  2. align department objectives to org’s strategic goals
  3. demonstrate HR’s strategic value by measuring in clearly understood terms
30
Q

Evaluates an org’s HR policies, practices, procedures, and strategies

A

HR Audit

31
Q

Primary reason to conduct an HR Audit

A

to enhance or eliminate HR programs

32
Q

HR metric that shows productivity of retained employees

A

Human Capital Value Add

33
Q

Vacancy Costs

A

The costs of substitute labor (temps, contractors) minus wages and benefits not paid because of vacancy

34
Q

Help an org maintain or improve a competitive advantage by comparing the org’s practices to those of employers identified as having exceptional practices

A

Best Practices Audits

35
Q

Metric used to demonstrate the value of HR programs

A

Human Capital Return on Investment

36
Q

Metric used to indicate effectiveness of recruiting, selection, and orientation methods

A

Success ratio

37
Q

Metric used to demonstrate effectiveness of employee development and reward strategies

A

Key Talent Retention