UNIT 6š¤š¤ Flashcards
what is a HR objective?š¤
a specific goal or target of relating to the management and performance of human resources in business
what is human resource management?š¤
the design,implementation and maintenance of strategies to manage people for optimum business performance
why has HRM become more important?š¤
most businesses provide services rather than goods so customer service and quality has become vital
what are some aspects of HRM?š¤
workforce planning, recruitment&selection, training and talent development
what is the value of effective HR objectives?š¤
connect HR activites and decision making with overall business objectives.
Link HR with customer service and quality
help create effective working environment
what are some common HRM objectives?š¤
make effective use of workforce potential
Ensure HR are employed cost effectively
Match workforce to business needs
what are internal inuences on HR objectives?š¤
corporate objectives
marketing strategies
financial strategies
what are external influences on HR objectives?š¤
market changes
economic changes
social changes
what is soft HRM?š¤
treats employees as most important resource in the business and as a source of competitive advantage.
employees are treated as individuals and their needs are planned accordingly
what is hard HRM?š¤
treats employees as simply a resouce of the business
strong link with corporate business planning - what resources do we need, how much will we need
what are key measures of HR performance?š¤
labour turnover+staff retention
labour productivity
absenteeism
what is employee retention?š¤
the abiloty of a business to convince its employees to remain with the business
what is labour turnover?š¤
the percentage of the work force that leave a business within a given period
number of employees leaving during period/average number employed during period x100
what are the issues with high staff turnover?š¤
higher costs
increased pressure on remaining staff
disruption to productivity
what factors affect staff turnover?š¤
type of business
pay and other rewards
working conditions
opportunities for promotion
what ways can a business improve staff turnover?š¤
effective recruitment and training
provide competitive pay
reward staff loyalty
job enrichment
why does labour productivity matter?š¤
labour costs are a significant part of total costs
in order to be compeptitive a business needs to keep unit costs down
key factors that influence labour productivity?š¤
skills
motivation
training
reliability
labour productivity formula?š¤
output per period/number of employees
ways to improve labour productivity?š¤
measure performance and set targets
streamline production processes
invest in employee training
problems with trying to improve labour productivity?š¤
costs
potential for employee resistance
employees may demand higher pay
what is absenteeism?š¤
employees intentional or habitual absence from work
why is abesnteeism a significant issue in a business?š¤
significant cost
pressure
often prediftable
absenteeism formula?š¤
number of staff absent during period/numbef employed during period x100
OR
number of days taken off for unauthorised absence during period/ total days worked by workforce over the period of time x100
how to tackle absenteeism?š¤
understand the causes
set targets and monitor trends
have clear sickness and absence policy
what is an organisational structure?š¤
shows how people and managment are organised in business
what does organisational structure determine?š¤
authority and responsibility
individual roles and titles
people to whom are accountable
what factors influence organisational structure?š¤
size of business
type of business
management and leadership style
competitive environment
what is the span of control?š¤
narrow or wide span of control?š¤
what does span of control depend on?š¤
what is the chain of command?š¤
what are the levels of hierarchy?š¤
common types of organisational structure?š¤
tall structuresš¤
flat structures?š¤
what is delayering?š¤
benefits and drawbacks of delayering?š¤
what is delegation?š¤
key issues with delegation?š¤
what is employee empowerment?š¤
why change the organisational sturcture?š¤
challenges with changing organisational structure?š¤
who makes the decisions?š¤
centralised decision-making?š¤