HR Strategy Flashcards

1
Q

Define the term HRM

A

A management function that works with all departments in an organization to maximize employee performance

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2
Q

Define the term best fit HR

A

Policies/practices adapted to suit environment/organisation culture

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3
Q

How do different organisational sectors approach HR strategy?

A

UK Public Sector – Organisations providing public services generally funded by taxation and central government eg the NHS; UK Police forces; Libraries

Private Sector – Owned by private individuals driven by profit and benefits owners, shareholders, investors may be sole traders, private limited companies, trading on the London Stock exchange…

Third Sector – Neither public or private sector driven by “value” include charities, social enterprises, voluntary groups – not for profit

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4
Q

What do Hook and Jenkins say the function of HRM is?

A

To add value by:
- creating conditions for employees to thrive under
-managing headcount
- provision of fair treatment
-promoting social diversity-ensuring equality and diversity

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5
Q

Define best practice HR

A

A set of HR policies and practices that if adopted lead to superior performance

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6
Q

What does the Havard Model of HRM argue? (soft HR)

A

Employees are invested in & developed – other contemporary policies & practices
Employees are consulted in relation to important organisational decision making
Managers focus on employee participation and commitment
PEOPLE ARE VIEWED AS AN ASSET

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7
Q

What does the Michigan Model of HR argue? (Hard HR)

A

Employees are resources in the same way as any other business resource. People have to be managed in a similar manner to equipment and raw materials. They must be obtained as cheaply as possible, used sparingly, and developed and exploited as much as possible.
PEOPLE ARE A EXPENSIVE COST

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