Strategic Human Resources Flashcards Preview

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Flashcards in Strategic Human Resources Deck (12)
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1
Q

What makes up business strategy and HRM strategy

A

Business strategy: missions/values, strategies, tactics, products
HRM strategy: principles, polices, practices, competencies

2
Q

Proactive

A

Decision makers anticipate problems and likely challenge and take action before a problem exists

3
Q

Reactive

A

Decision makers respond to problems rather then anticipate them

4
Q

6 step SHRM process

A

Environmental scan, organizational mission & goal analysis, org. Cultural analysis, org. Strategy, analysis, choice /implementation of HR strategies,review evaluate audit HR strategies

5
Q

Environmental scan

A

Legal, economic, demographic, technological, cultural

6
Q

Technological forces

A

Flexible work design, information sharing and knowledge management, automation….. New technology > automation of jobs > layoffs retraining

7
Q

Economical cycles

A

Recessions lead to layoffs lower morale, boom cycles lead to recruiting training

8
Q

Demographics and cultural forces

A

Gender balance, generational shift, immigration & diversity

9
Q

Temporary foreign worker program

A

See notes

10
Q

Review of HR strategies (5)

A

Compliance (legal) , client satisfaction (internal & external), cost control (employees as expense) , contribution ( making employee better ) , culture management ( creation & monitoring )

11
Q

Define: strategic human resource management

A

HR strategies and tactics = linked organizational strategies and priorities……… Business strategy goes in a loop with HRM strategy

12
Q

Why is SHRM important to Canadian firms?

A

Source of competitive advantage
Lower turnover
Greater firm-level performance