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10 Cards in this Set
- Front
- Back
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Human Resource Managment + Its Essential Functions |
Managment of people in organizations to drive sucessfull performance and achievement of strategic goals - Hire the best available - Develop talent - Productive work environment - Monitor and build human assets |
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Operational HRM |
Focused on the day to day tasks of the organization. Daily work & ongoing needs |
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Strategic HRM |
Strategic long term goals of the organization. Behind the scenes
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Human capital |
Knowledge, education, skills, training of the companies workforce |
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Outsourcing |
practice of contracting outside vendors to handle specific business ops |
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Strategy |
a companies plan to balance internal strengths/weaknesses, external opportunities/threats to maintain a competitive advantage |
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Environmental scanning |
ID and analyze external opportunities/threats |
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metrics |
Measuring activities and results |
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Balanced scorecard |
Measurement system which translates strategy into a set of performance measures |
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Productivity |
State or quality of producing something |
