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31 Cards in this Set
- Front
- Back
HRM Strategies that Lead to Organizational Effectiveness |
Employment security, selective hiring, self-managed teams and decentralization as basic elements of organizational design, comparatively high compensation contingent on organizational performance, extensive training, reduction of status differences, sharing information. |
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Employment Security |
Fundamental to implementation of most other high performance management practices. Keeping more employees for longer saves the firm money. |
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Selective Hiring |
Large applicant pool, clear about critical skills and attributes needed in applicant pool, skill need to be carefully considered and consistent, screen primarily on important attributes that are difficult to change through training.
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Self-Managed Teams and Decentralization as Basic Elements of Organizational Design |
All people in the firm feel accountable for success of entire business, better and more creative solutions. |
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Comparatively High Compensation Contingent on Organizational Performance |
High performance work systems. |
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Extensive Training |
Competitive advantage, though hard to say whether it has a positive impact on ROI. |
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Reduction of Status Differences |
Make all members feel important and committed, accomplished symbolically through use of language, labels, etc and substantively in reduction of organization's degree of wage inequality. |
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Sharing Information |
Conveys to people that they are trusted. |
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Barriers to Implementing Effective HRM Strategies |
Managers are enslaved by short term pressures, organizations tend to destroy competencies, managers don't delegate enough, perverse norms about what constitutes good management. |
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Five Stakeholders |
Organization members (good pay and benefits, good quality of work life, job security), other organizations (trustworthiness, reliability, collaboration), customers (quality, speed, low prices, innovation, convenience), society (legal compliance, social responsibility, ethical practices), and owners and investors (financial returns, corporate reputation, long-term survival). |
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HRM Functions |
Performance management, employee-management relations, staffing, health and safety, rewards and benefits, and training and development. |
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Resources that Provide a Competitive Advantage |
Physical capital, organizational capital, and human capital. |
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Components of Comparative Advantage |
Value, rareness, imitability, and organization. |
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Major Cultural Dimensions |
Assertiveness, future orientation, gender differentiation, uncertainty avoidance, power distance, institutional emphasis on collectivism, in-group collectivism, performance orientation, and humane orientation. |
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Components of Company Cultures |
Mission statement, vision statement, and values statement. |
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Mission Statement |
Explains company's reason for existence, what it does, and its overall intention. |
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Vision Statement |
Describes organization as it would appear in a future successful state. |
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Values Statement |
Describes what the organization believes in and how it will behave. |
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Efficiency Approach |
Work divided into relatively simple and specialized tasks. Managers urged to define precisely the limited tasks of workers, reduce the need to bring human skills to bear on production, minimizing mistakes and inefficiencies. |
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Theory X |
Pessimistic assumption about human motivation, encourages efficiency approach. |
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Theory Y |
Workers are capable of self-directed effort toward shared managerial goals. |
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Motivational Model |
Job enlargement, job rotation, job enrichment, empowerment, and working in teams. |
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Job Enlargement |
Workers are given more tasks to do of similar difficulty. |
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Job Enrichment |
Staff are given more interesting and challenging tasks. |
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Empowerment |
Staff are given the authority to make decisions about how they do their jobs. |
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Federal Laws Prohibiting Discrimination |
Title 7 of the civil rights act of 1964, americans with disabilities act, age discrimination in employment act of 1967, and section 1981 of the civil rights act of 1866. |
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Steps of a Successful Recruitment Strategy |
Anticipate the need, specify the job, develop the pool, assess the candidates, close the deal, integrate the newcomer, and audit and review. |
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Labor Pools |
Inside-outsider, outside-insider, insider, and outsider. |
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Recruitment Methods |
Job postings, talent inventory, promotions, transfers, walk-ins, electronic media, job fairs, referrals, and agencies. |
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Types of Employee Selection Methods |
Resume, cover letter, job apps, telephone screens (screening), cognitive tests, personality tests, integrity tests, work samples, job knowledge tests, simulations (evaluative), and reference checks, background checks, and drug tests (contingent). |
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Types of Selection Fits |
Person-job, person-group, and person-organization. |