Operative & Strategic Human Resource Management Flashcards
(76 cards)
HRM
A company should only grow as much as it is able to attract suitable employees
What are „Human Resources“?
-Human capital is the economic value of people with task-related skills, knowledge, ideas, energy and
engagement
- Human Resources Management is the process of attracting, developing, and maintaining a talented
workforce
Human Resources Management
Attracting talented employees –> Developing talented
employees –> Retaining talented employees
Strategic versus operative HRM
Strategic HRM is about setting the right goals and direction, while operative HRM is about implementing them effectively.
Strategic HRM
- «Doing the right things»
-Establishing measures to ensure survival
-Entire company
operative HRM
«Doing things right»
-Strategy is translated into actions
-Individual business area
HR Recruitment: Personnel Advertising & Candidate Selection
- Personal Advertising
- Candidate Selection
Personnel Advertising
Limited job availability
Poor employer image
–> Signaling the company as a
potential employer in the labor
market
–> Informational function, especially relevant for
SMEs (Small and Medium-sized Enterprises)
Candidate Selection
Abundant job availability
Good employer image
–> Identification of the candidates
with the biggest potential («right
potentials»)
–> Selection function, especially relevant for
large companies (example Simens)
HR Recruitment - Person-Job Fit
-Describes the fit between the individual’s skills, interests, and personal characteristics and the requirements of work or the fit between the individual’s desires and job tasks
-Overall job satisfaction is largely influenced by person-job fit
HR Recruitment - Person-Organization Fit
- Describes the fit between a person and an organization and specifies to what extent the individual’s characteristics are consistent with the organization
- High person-organization fit can lead to a higher engagement
HR Recruitment - Person-Group Fit
- Describes the fit between a person and his or her working group
- The satisfaction with the members of the working group is largely influenced by the person-group fit
HR Recruitment - Person-Supervisor Fit
-Describes the fit between a person and his or her supervisor
-The satisfaction with the supervisor is largely influenced by the person-supervisor fit
HR Recruitment - Quality criteria of applicant selection methods
- Validity
2.Reliability - Complexity
- Social Quality
- Legality
Validity
Relationship between the method or criterion (e.g., grade point average) and the induced characteristic (e.g., performance)
Reliability
Reliability over time and between different observers
Complexity
Easy handling, without much effort and at little expense
Social Quality
Acceptance and decision support for applicants
Legality
Attention to legal issues and the interests of the applicants
HR Appraisal - Performance appraisal
–> Formally assessing someone’s work accomplishments and providing feedback
–> Purpose of performance appraisal:
− Evaluation — lets people know where they stand relative to objectives and standards
− Development — assists in training and continued personal development of people
HR Appraisal - Performance management systems ensure that:
- performance standards and objectives are set.
- performance results are assessed regularly.
- actions are taken to improve future performance potential.
Appraisals should use behaviorally anchored rating scale (BARS)
- Description of current behavior patterns
- Higher reliability and validity
Method: BARS (Behaviorally Anchored Rating Scale)
High performance
- If a customer has defective merchandise that is not the responsibility of the store, you can expect this representative to help the customer in finding a solution to get the merchandise repaired elsewhere
- You can expect the representative to help a customer by sharing complete information on the store`s policies on return
- After finishing with a request, you can expect this representative to pleasantly encourage a customer to «shop again» in the store
- You can expect this representative to delay a customer without explanation while working on other things.
- You can expect this representative to treat a customer rudely and with disrespect.
Feedback on WHAT and HOW: Jack-Welch-Matrix
voir graph
create value/ Live values