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Chapter 1 Flashcards

(5 cards)

1
Q

What does HPWS stand for?

A

High Performance Work Systems

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2
Q

Traditional Approach

A
  • Less tied to strategy
  • Reactive and done in response to openings
  • Lack CI efforts
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3
Q

Strategic Approach

A
  • Longterm planning
  • Alignment with firms business strategy
  • Alignment with other HR areas
  • Alignment with labor market
  • Targeted recruiting
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4
Q

Process goals

A
  • Attracting sufficient numbers of appropriately qualified applicants
  • Complying with the law and organizational policies (e.g., illegal interview questions)
  • Fulfilling any affirmative action obligations
  • Meeting hiring timeline goals (e.g., making a job offer within one week of the final interview)
  • Staffing efficiently (e.g., cost per hire)
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5
Q

Outcome goals

A
  • Hiring successful employees
  • Hiring individuals who will be eventually promoted
  • Reducing turnover rates among high performers
  • Hiring individuals for whom the other HR functions will have the desired impact (e.g., who will benefit from training)
  • Meeting stakeholder needs
  • Maximizing the financial return on the firm’s staffing investment
  • Enhancing employee diversity
  • Enabling organization flexibility
  • Enhancing business strategy execution
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