Case 1: The added value of HRM
20 important questions on Case 1: The added value of HRM
Why do companies have an HR strategy?
What is an HR tactic for?
What is the difference between HR strategy & HR tactic?
- Higher grades + faster learning
- Never study anything twice
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What is the order in the chart from high to low?
Manager - Line employees - Staff employees. (decentralization)
What is a manager?
What is a line employee?
What is a staff employee?
What is quality of work life?
How do you call it when you provide workers with the skills/authority to make decisions that would normally be made by managers?
What is brain drain?
On which 3 levels are there challenges for today's managers?
To what kind of challenge do these belong? Rapid change, rise of internet, work diversity, globalization, legislation, evolving work/family roles, skill shortage, rise of the service sector, natural disaster, collapse housing market?
Background-colorTo what kind of challenge do these belong? Competitive position, decentralization, downsizing organizational restructuring, self managed work, small businesses, organizational culture, technology, internal & data security, outsourcing, product integrity.
Background-colorTo what kind of challenge do these belong? Matching people & organization, ethical dilemma's/social responsibility, productivity, empowerment, brain drain, job insecurity.
How do they keep up their competitive position?
- controlling costs
- creating distinctive capabilities
- improve qualities (TQM)
How can a company be successful with planning & implementing strategic HR choices?
- environmental opportunities
- business strategies
- unique characteristics
- distinctive competence
The mix of businesses a corporation decides to hold and the flow of recourses among those businesses. HR strategies that foster flexibility, quick response , entrepreneurship, risk sharing and decentralization are particularly appropriate.
The formulation and implementation of strategies by a firm that is relatively autonomous, even if it is part of a larger corporation.
How can a company examine the environment?
- degree of uncertainty
- volatility
- complexity
- magnitude of change
What is degree of uncertainty?
How much info there is about environment to make a decision.
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