CH 12: Building and Managing Human Resources Flashcards
Human Resources Management
Activities that managers engage in to attract and retain employees and to ensure that they perform at a high level and contribute to the accomplishment of organizational goals.
HRM Components
- Recruitment and Selection
- Training and development
- Performance Appraisal and Feedback
- Pay and benefits
- Labor Relations
Strategic Human Resource Management
The process by which managers design the components of an HRM system to be consistent with each other, with other elements of organizational architecture, and with the organization’s strategy and goals.
Competitive Advantage
- Organization’s efficiency
- Quality
- Innovation
- Responsiveness to customers
Recruitment and Selection
Attract and hire new employees who have the abilities, skills, and experiences that will help an organization achieve its goals.
Training and Development
Ensure that organizational members develop the skills and abilities that will enable them to perform jobs effectively in the present and the future.
Performance Appraisal and Feedback
First one can help manager make a good human resource decision.
Second, serves as a developmental purpose for member of an organization.
Pay and Benefits
Rewarding with pay increases the likelihood of individuals to continue their high levels of contribution to the organization.
Important outcomes that employees receive by virtue of their membership in an organization.
Labor Relations
Steps that managers take to develop and maintain good working relationships with the labor unions that may represent their employees’ interests.
Equal Employment Opportunity
The equal right of all citizens to the opportunity to obtain employment regardless of their gender, age, race, country of origin, religion, or disabilities.
Recruitment
Activities that managers engage in to develop a pool of qualified candidates for open positions.
Selection
The process that managers use to determine the relative qualifications of job applicants and their potential for performing well in a particular job.
Human Resource Planning
Activities that managers engage in to forecast their current and future needs for human resources.
Demand Forecasts
Estimate the qualifications and numbers of employees an organization will need, given its goals and strategies.
Supply Forecasts
Estimate the availability and qualifications of current employees now and in the future, as well as the supply of qualified workers in the external labor market.
Outsource
To use outside suppliers and manufacturers to produce goods and services.
1. Flexibility
2. Cost
Offshoring
When work is outsourced to other countries.
Job Analysis
Identifying the tasks, duties, and responsibilities that make up a job and the knowledge, skills, and abilities needed to perform the job.
External Recruiting
To look outside the organization for people who have not worked for the organization previously.