Structure of the HR Function Flashcards

1
Q

What is HR’s strategic role?

A
  • participation in creating the org’s strategy
  • aligning the HR strategy with the org strategy
  • supporting other functions in their strategic roles
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2
Q

What the most effective strategies are produced by

A

Cross-functional collaboration

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3
Q

The main responsibility of Executive management

A

managing the core business functions and their effort on the org’s performance

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4
Q

How HR can support Executive team

A

advising on the human capital implications of strategic decisions

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5
Q

How HR can support Accounting and Finance

A

support audits, risk prevention programs, monitor budgets

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6
Q

How HR can support Marketing

A

ensure its activities are aligned with the org’s brand

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7
Q

How HR can support Sales

A

designing compensation systems that motivate sales behavior, and provide training

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8
Q

How HR can support R&D

A

sourcing good candidates with cutting edge expertise, attractive compensation packages

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9
Q

How HR can support Operations

A

workforce planning needs, predict and manage gaps in resources, compliance

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10
Q

How HR can support IT

A

develop and communicate tech policies, develop a pipeline of qualified candidates, partner to implement HRIS

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11
Q

Role of HR Leaders

A

Strategic role, on senior leadership team

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12
Q

Role of HR Managers

A

responsible for units within the HR function, provide input to leaders

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13
Q

Role of HR Specialists

A

expertise in a specific area, apply best practices to their discipline

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14
Q

Role of HR Generalists

A

proficient enough in each area to provide advice and direction to employees and managers

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15
Q

Role of HR Business Partners

A

experienced generalists; represent HR services to specific business functions or units

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16
Q

HR org that ensures standardized HR policies and processes throughout the org consistently

A

Centralized HR

17
Q

HR org that allows for more direct contact between HR and other functions, facilitates communication and responsiveness

A

Decentralized HR

18
Q

HR structure where headquarters HR crafts policies, and generalists implement within business areas, adapt, and interact with employees

A

Functional HR

19
Q

HR structure where corporate HR articulates values and develops tools, and business unit HR develops local policies and practices

A

Dedicated HR

20
Q

HR structure where centers with specific areas of expertise develop HR policies in that area, and delivers to all business units - selecting from a menu of services

A

Shared Services HR

21
Q

Aims at leveraging strategic expertise in the org to foster growth and continuous improvement

A

Center of Excellence

22
Q

HR structure embedded in different areas of the business to better support each area, increases visibility of HR throughout org

A

Business Partners

23
Q

HR structure where business partners report up through HR senior leadership

A

Matrix Structure

24
Q

When outsourcing or cosourcing should be used

A

for HR activities that are not strategic but resource-intensive or require specialized expertise

25
3rd party vendor provides selected activities
Outsourcing
26
3rd party provides dedicated services to HR, locating contractors within the HR function
Cosourcing
27
Steps of the outsourcing process
1. Analyze needs and define goals 2. Define the budget 3. Create a request for proposal 4. Send RFP's to chosen contractors 5. Evaluate proposals 6. Choose a contractor 7. Negotiate a contract 8. Implement project and monitor schedule 9. Evaluate the project
28
Components of an RFP
deliverables, company info, project resources, outlined development process, references, executive summary, costs
29
Steps to create a balanced HR scorecard
1. define KPI's 2. align department objectives to org's strategic goals 3. demonstrate HR's strategic value by measuring in clearly understood terms
30
Evaluates an org's HR policies, practices, procedures, and strategies
HR Audit
31
Primary reason to conduct an HR Audit
to enhance or eliminate HR programs
32
HR metric that shows productivity of retained employees
Human Capital Value Add
33
Vacancy Costs
The costs of substitute labor (temps, contractors) minus wages and benefits not paid because of vacancy
34
Help an org maintain or improve a competitive advantage by comparing the org’s practices to those of employers identified as having exceptional practices
Best Practices Audits
35
Metric used to demonstrate the value of HR programs
Human Capital Return on Investment
36
Metric used to indicate effectiveness of recruiting, selection, and orientation methods
Success ratio
37
Metric used to demonstrate effectiveness of employee development and reward strategies
Key Talent Retention