week ten - recent trends in strategic HRM Flashcards
define employee diversity
human characteristics that make people different from one another that they have no control over or that can be adapted/modified
why manage employee diversity
- use it as a source of competitive advantage
what are the benefits of diversity management programmes
- gender creativity
- better problem solving
- greater system flexibility
- better information input
- better marketing strategies
challenges in managing diversity
- stereotyping risk
- resistance to change from dominant groups
- overcoming segmented communication networks
- resentment due to perceived favouritism towards non-traditional employees
- overcoming the ‘glass ceiling’
usual targets for diversity management
- ethnic, cultural, religious minorities
- women
- people with disabilities
- LGBTQ+
- older workers
how can you facilitate and improve diversity management
- Creating an inclusive organizational culture
- Diversity training programmes
- Support groups
- Accommodation of family needs
- Senior mentorship programmes
- Apprenticeships
- Diversity audits
- Diversity goals as part of performance appraisal of managers
- Management responsibility and accountability
Why should you manage employee diversity?
To survive in increasingly heterogeneous societies and competitive business environments
What is an entrepreneur?
A person who has the ability to crease and discover opportunities which lead to developing innovations
What is an intra-entrepreneur?
Employee who is allowed/ encouraged to act as an entrepreneur within the company
Why is intra entrepreneurship important
- important part of talent development
- increases motivation
What is Carolls CSR pyramid
- Ethical responsibilities
- Legal responsibilities
- Economic responsibilities
- Philanthroic responsibilities
What are ethical responsibilities
Obligation to do what is right, fair and responsible and avoiding damage with different stakeholders
What are legal responsibilities?
Compliance with the law in accordance with basic rules
What are economic responsibilities?
Base, production of goods to obtain profit
What are philanthropic responsibilities?
actions that promote imporvement in social welfare