HRM

HRM cards

HRM cards


L. S.
This flashcard set covers advanced human resource management (HRM) strategies at the university level, focusing on high-performance work systems (HPWS), talent management, and career development. It delves into key concepts like employee training, performance management, and organizational strategies, highlighting how firms can enhance productivity and competitive advantage. Ideal for students and professionals in HR, this flashcard set provides insights into effective HR practices and their impact on workforce performance and organizational success.
Cartes-fiches
180
Utilisateurs
1
Langue
Anglais
Niveau
Université
Créé / Mis à jour
08.06.2016 / 09.06.2016

Cartes-fiches

HRM

process of managing human talent to achieve an organization's objectives

Corporate Social Responsibility (Setting & achieving corporate social responsibility & sustainability goals)

responsibility of firm to act in best interests of people & communities affected by its activities

Human Capital

knowledge, skills & capabilities of individuals that have economic value to an organization

Six Sigma Quality (HRM & Business Strategy)

set of principles & practices whose core ideas include understanding customer needs, doing things right the first time & striving for continuous improvement

Reeingenieering (HRM & Business strategy)

rethinking & radical redesign of business processes to achieve dramatic improvements in cost, quality, service & speed

Downsizing (HRM & business strategy)

planned elimination of jobs

Outsourcing (HRM & business strategy)

contracting outside organization to ahve work done that formerly was done by internal employees

Change mgmt (HRM & business strategy)

systematic way of bringing about & managing both organizational changes & changes on individual level

Reactive change (HRM & business strategy)

change that occurs after external forces have already affected performance

Proactive change (HRM & business strategy)

change initiated to take advantage of targeted opportunities

Six Sigma (HRM & business strategy)

process used to translate customer needs into a set of optimal tasks that are performed in concert with one another

Globalization (competing, recruiting & staffing globally)

trend toward opening up foreign markets to international trade & investment

collaborative software (HRM & technology)

 

software that allows workers to interface & share information with one antoher electronically

knowledge workers (HRM & technology)

workers whose responsibilities extend beyond the physical execution of work to include planning, decision-making & problem-solving

human resources information system (HRIS) (HRM & technology)

computerized system thta provides current & accurate data for purposes of control & decision making

furloughing (containing costs while retaining top talent & maximizing productivity)

situation in which an orgnization asks or requires employees to take time off for either no pay or reduced pay

offshoring (containing costs while retaining top talent & maximizing productivity)

business practice of sending jobs to other countries

employee leasing (containing costs while retaining top talent & maximizing productivity)

process of dismissing employees who are then hired by a leasing company & contracting with that company to lease back employees

strategic planning (strategic planning & HRM)

procedures for making decisions about organization's long-term goals & strategies

human resource planning (HRP) (strategic planning & HRM)

process of anticipating & providing for movement of people into, within & out of an organization

focus on 2 issues --> strategy formulation & strategy implementation

mission (strategic planning & HRM)

basic purpose of organization as well as its scope of operations

strategic vision (strategic planning & HRM)

statement about where company is going & what it can become in future clarifies long-term direction of company & its strategic intent

core values (strategic planning & HRM)

strong & enduring beliefs & principles that comapny uses as a foundation for its decisions

environmental scanning (strategic lanning & HRM)

systematic monitoring of major external forces influencing the organization

SWOT analysis (strategic planning & HRM)

comparison of strengths, weaknesses, opportunities & threats for strategy formulation purposes

value creation (strategic planning & HRM)

what firm adds to a product/service by virtue pf making it; amount of benefits provided by product/service once costs of making it are subtracted

strategic human resources mgmt (SHRM) (strategic planning & HRM)

pattern of human resources deployments & activites that enable an organization to enable its goals

recruiting process outsourcing (RPO) (recruitment & selection)

practice of outsourcing an organization's recruiting function to an outside firm

internal labor market (recruitment & selection)

labor markets in which workers are hired into entry level jobs & higher levels are filled from within

global sourcing (recruitment & selection)

business practice of searching for & utilizing goods sources from around the world

branding (recruitment & selection)

company's efforts to help existing & prospective workers understand why it is a desirable place to work

dual career partnerships (recruitment & selection)

couples in which both members follow their own careers & actively support each other's career development

industrial engineering (recruitment & selection)

field of study concerned with analyzing work methods & establishing time standards

job design (recruitment & selection)

outgrowth of job analysis that improves jobs through technological & human considerations in order to enhance organization efficiency & employee job satisfaction

ergonomics (recruitment & selection)

process of studying & designing equipment & systems that are easy & efficient for people to use & that ensure their physical well-being

job characteristics model (recruitment & selection)

job design theory that purports that 3 psychological states (experiencing meaningfulness of work performed, responsibility for work outcomes & knowledge of results of work performed) of a jobholder result in improved work performance, internal motivation & lower absenteeism & turnover

job enlargement (recruitment & selection)

process of adding a greater variety of tasks to a job

job rotation (recruitment & selection)

process whereby employees rotate in & out of different jobs 

job enrichment (recruitment & selection)

enhancing a job by adding more meaningful tasks & duties to make work more rewarding or satisfying

employee empowerment (recruitment & selection)

granting employees power to initiate change, thereby encouraging the to take charge of what they do 

Étudier