Human resource management Flashcards
(167 cards)
Human resource management is (definition
The sum of all strategic, policy, procedures and day-to-day acts that together aim to guide employment relations in organizations
Hr practices
Are all the policies and procedures used for managing employment relations experienced by people in the workplace. Used by managers, teams, project leaders and employees themselves
Employment relationship
A reciprocal relationship between those who perform work or services and those who offer employment in the aim of realizing organizational goals
Why dont all organizations do the same (management wise etc)
1) it doesnt fit (there are differences in organizations and HR practices are effective to different extents)
2) Because different stakeholders have different interests in HRM
3) because some methods are unethical
Research practice gap
Researches only know about half of the methods that are available
Evidence based HRM
A decision making method for practitioners to find effective interventions to manage human resource. By taking the best research evidence into account together with understanding the needs and requirements of stakeholders while upholding ethical standards for employees
Equifinality
Not one solution fits all, but equally effective solutions that lead to the same outcome in different ways
Quick fix
Immediate action on a problem (influenced by fads and fashion, limited understanding of the problem or inaccurate knowledge. (not evaluated often followed by another quick fix) (often harmful)
Evidence based HRM
Is a conscientious, explicit, and judicious decision making process to adress important people related issues in organizations by combining the best available research evidence with measurrable data and professional knowledge available in organizations
Validity (definition)
The evidence helps you understand the cause of the problem (check the quality of measure, research design and use good theory
Reliability
The findings reported in the evidence would be similar if we replicated the research
generalizability
We can use this evidence to say something about the targeted employees for the problem intervention
Ethicality
Do not harm
Benefits of evidence based HRM
A better understanding of problems in the organization
A culture of learning and curiosity
Reduction of organizational politics
When is EB-HR not useful
Arguable: in common, day-to-day management decisions and in crisis situations
Human resource management (definition)
Human resource management is the sum of all strategy, policy, procedures and day to day acts that together aim to guide employment relations in organization
–> towards the goal of organizations
While ensuring alignment with various contextual conditions such as organization characteristics, industry dynamics, competition, labor markets nad legal institutionsal settings
Operating performance
Productive sales quality and customer loyalty
Financial performance
Profits return on assets ROI tobins
Employee performance
Retention (opposite of voluntary turnover) , employee productivity, value added per employee
Innovation indicators
Eg, new products or services, patents
Resources
Are tangible and intangible features that enable actors to realize their goals
Resource based view (barney)
1) physical capital: money, offices/factories, machines and computers
2) organizational capital
a) structural organizational capital
b) social organizational capital
3) human capital (knowlege and skills the employees in the organization possess)
Which resource leads to competitive advantage
- sustainable
- Rare
- Non-transparent
- non-transferable
Social and human capital: highest value for unique capability… Why?
Because social organization capital and human capital are stored in the behavior and minds of people. Individuals who leave thake their skills knowlege and networkds with them. Transfer of skills knowlegde and social relations is difficult