Chapter 2 Flashcards
A Strategic Framework for Compensation (14 cards)
What is the definition of Vertical Fit
the alignment between an organization’s mission, vision, and/or values, and the various supportive strategies that cascade down an organization
What is the definition of Horizontal Fit
the alignment between and among strategies at the same level; for instance, HRM strategies such as performance management and compensation are aligned or support each other.
What is the contingency approach to organizational design
For the organizational system to be effective, the business strategy and organization structure must also fit with other key variables, including the type of environment in which the organization operates, the type of technology it uses, the size of the organization, and the characteristics of the people employed.
What is job design
describes the manner in which the total amount of work to be done is divided into subtasks that can be handled by individual workers.
What is Coordination and departmentation mechanisms
the methods used to ensure that the work of individual employees fits together such that the overall task is accomplished.
What is The decision-making and leadership structure
comprises the mechanisms through which the organization’s decisions are made and the type of leadership role played by those in managerial positions.
What is The communication and information structure
the methods used to communicate information throughout the organization and the amount and kinds of information to be transmitted.
What is The control structure
the means used to ensure that organization members are actually doing what they are supposed to do.
What are the 3 managerial strategies
(1) the classical managerial strategy,
(2) the human relations managerial strategy,
(3) the high-involvement managerial strategy.
What are The five main contextual variables
the organization’s environment,
business strategy,
technology,
size,
workforce.
Define classical managerial strategy
this managerial strategy believes that employees are lazy and are looking to gain as much from work relationship as possible while doing the least amount of work as possible. Essentially, this school of thought views employees as potentially dishonest shirkers who need to be tightly controlled if the organization is going to be sure of getting any work out of them.
Define human relations managerial strategy
This managerial strategy also believes that employees do not like to work but it also believes that people can be motivated by appealing to their social needs. by treating employees with fairness and consideration and supporting and encouraging peer groups (rather than trying to break them up, which would be the classical approach), human relations managers believe that positive employee norms can develop.
Define high-involvement managerial strategy
if jobs are structured correctly, people can actually enjoy and be motivated intrinsically by their work. Adherents believe that people are motivated by needs for interesting work, challenge, autonomy, personal growth, and professional development, and that employees can exercise self-control if the organization provides these conditions while treating employees fairly and equitably.
