HRM

HRM cards

HRM cards


Kartei Details

Karten 180
Sprache English
Kategorie BWL
Stufe Universität
Erstellt / Aktualisiert 08.06.2016 / 09.06.2016
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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