Week 1 Flashcards
what is strategic HRM
Link org start with sense of ID purpose community and intrinsic values of the employee
what is an org
group of foramlly assigned roles who work tog to achieve effort
managing involves 5 functions
`plan, organize, staff lead and control
HRM formulates and implements what systems
recruit perfrom appraise and compensate
effects of bad HRM
turnover, time and money, disengaged, lawsuits
what is a strategic plan
plan to guide company, match internal strength and weakness to external opp and threat to mantain competiive advantage
disengaged hurts how
mess with ther employees bad mouthing
great strategy not worth anything if
people cant or wont execute it
5 stages of HRM
1- manager support: payroll, hire fire,
2- anger union: union, procedure
3- employee concern: happy worker = better
4- laws outsource: equity WLB training
5- EE contract, motvation: retain culture engage
demographic trends make hard to hire
aging population
3 transitional phases
personel admin, Human relations, human resouces
with more service and tech jobs HR needs to
excel manage human capital
HRM responsibilities
forumlate aligned policy, change agent, advice as startegic business partner, employee integrate and inclusion
HRM challenges
policing and policies not aligned- get in way of bus
2- dont know bus
3- policiy around 10%
HRM hard to measure cayuse and effect what we try to measure
1- people measure like renetion
2- org measure like producivity