Week 1 - Introduction Flashcards
Define diversity of workforce
Varied workforce characterised by different:
experience, backgrounds, skills, perspectives and attributes.
Suggest reasons for diversity in the Australian workforce
Post 1980's policy and social change: • increased international competition • Lower trade barriers • Rise in immigration • OS outsourcing • Rise in education/skill levels • Growth of service based economy
Describe the Harvard analytical HRM framwork
HR function is seen as a strategic unit, in turn linked to broader org strategy
Describe the features resulting from the Harvard HRM framework
- Focuses on the firm as a unit
- People viewed as social capital & HRM an investment in that
- Fitting HR strategy to org strategy crucial.
- All managers responsible for HRM
List some HR activities
Primary (OCHTC)
Collaborative (IPQ)
Primary activities: outplacement, compliance, HRIS, employee testing for selection, and compo admin
Collaborative activities: interviewing, performance management, and improve quality and productivity.
List the HR strategic leadership roles
AECS
Administrative: build an efficient infrastructure by ensuring efficient performance of organisational processes.
Employee champion: increase employee commitment and capability by listening and responding to employees’ concerns.
Change agent: develop the organisation by managing transformation and change.
Strategic business partner: execute organisational strategy by aligning HR processes with the organisational strategy.
List workforce characteristics affecting HRM
EDD
Economy - GFC, mining boom
Demographic change - pop. increase, ageing workforce
Diversity - gender issues, immigration, indigenous
List the environmental characteristics affecting HRM
Trends in diversity mment Building CA through diversity Economic challenges eg skill shortages Changing e'ee e'er relationship Legislation Ethics
Discuss the competitive challenges influencing AU companies
GHS
Globalisation - global markets, manage global workforce
HR innovation - effective mment of employees & work systems.
Sustainablity (survive & succeed) - customer service, quality, stakeholder satisfaction, attract/retain staff.
Describe how HRM practices contribute to CA
MBDR
Managing HR environment
Build HR systems
Develop human resources
Reward human resources
Explain the impact of diversity in the workforce
Provides rich store of human resources.
Demands effective management to realise this.
Explain the impact of the ageing workforce
Increased life expectancy vs low fertility rates cause:
skills drain
retirement planning,
rise in benefits & sick leave.
Challenges on attract/train/retain older staff & replacement.s
Explain the impact of outsourcing.
Skills loss, community resentment, perception problem. Cost savings. Increased diversity of workforce
Define HRM
Human resource management (HRM):
the policies, practices and systems that influence
employees’ behaviour, attitudes and performance.
Define Strategic HRM
the pattern of planned HR deployments and activities
intended to enable an organisation to achieve its
goals.