Chapter 12 Flashcards

1
Q

What is the strategic role of HRM?

A

Drive organizational performance, it’s the competitive edge, matching process, integrate strategy, HR builds structure

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2
Q

What are the top 3 factors for maintaining competitive success?

A

Human capital, customer relationships, product and service innovation.

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3
Q

What is human capital?

A

Economic value of the combined knowledge, experience, skills, and capabilities of employees.

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4
Q

What is the impact of federal legislation on HRM?

A

Stay on top of legal/regulatory environment, ensure equal opportunity and no discrimination.

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5
Q

What is discrimination?

A

The hiring or promotion of applicants based on criteria that are not job relevant.

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6
Q

What is affirmative action?

A

Requires employers to take positive steps to guarantee equal employment opportunities for people of protected groups.

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7
Q

What is the changing nature of careers?

A

New social contract, subsidized benefits decreasing, employees self-motivated, creativity in training and development, new performance appraisal processes.

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8
Q

What are the innovations in HRM?

A

Becoming an employer of choice, Using temporary and part-time employees, acquiring start-ups to get the talent.

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9
Q

What are contingent workers?

A

Not permanent, maintain flexibility, keep costs low.

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10
Q

What is the matching model?

A

Organization and the individual attempt to match the needs, interests, and values that they offer each other.

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11
Q

What is job analysis (assessing organizational needs)?

A

Systematic process of gathering info about the responsibilities of a job.

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12
Q

What is a job description (assessing organizational needs)?

A

Summary of the duties of a job.

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13
Q

What is job specification (assessing organizational needs)?

A

Characteristics required to perform the job.

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14
Q

What are realistic job previews (recruiting)?

A

Provide pertinent information; positive and negative.

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15
Q

What are the legal considerations (recruiting)?

A

Recruiting practices must be legal.

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16
Q

What is employers assess applicants for fit HR professions using a combination of devices?

A

Application form, employment tests, interview, assessment center, online checks.

17
Q

What is training and development (developing talent)?

A

On-the-job training, social learning, corporate universities, promotion from within, mentoring and training.

18
Q

What is performance appraisal?

A

Evaluating performance, recording assessment, and providing feedback.

19
Q

What is assessing performance accurately?

A

System should evaluate relevant performance, performance review ranking pits employees against each other.

20
Q

What is 360-degree feedback?

A

Uses multiple raters, including self-rating to appraise employees and development.

21
Q

What are performance evaluation errors?

A

Stereotyping (placing employee into class/category), behaviorally anchored rating scale (relates employees performance to specific job-related incidents).

22
Q

What are compensation methods?

A

Wage and salary systems, compensation equity, pay for performance.

23
Q

What is rightsizing the organization?

A

Downsizing, makes company stronger and more competitive.

24
Q

What is termination?

A

Leave voluntarily, retire, are rightsized, fired, poor performance reduces moral, exit interviews to learn about dissatisfaction.