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Process of determining/forecasting 1)human resource needs (demand forecast) 2)human resource availability (supply forecast) Internal and External |
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Mutual process where the individual and the organization are matched to form the employment relationship.
1) Recruitment: Identifying and creating a pool of qualified applicants.
2) Selection: Collect and evaluate information and discriminate based on the information.
3) Employment |
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| Planned organizational effort to facilitate learning of job-related behaviors. |
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| Performance Appraisal Function (HRM) |
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| Measurement and evaluation of employees. Set expectations for employee performance. |
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| Compensation Function (HRM) |
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| Rewards given to employees in exchange for their contributions. |
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-Attracting -Developing -Maintaining |
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| vaccination effect - lowering expectations |
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-Collecting information -Evaluating information -Discriminating |
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Factors describing employee success on the job. What we want to predict. -Sales |
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Factors describing employee success on the job. What we use to predict. -Lines of Code -Work Experience -Artistic talent |
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| Selection Interview Issues |
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| potential biasing effects, reliability, validity |
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| Equity Issues in Compensation |
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Definition
-External equity -Internal equity -Individual equity |
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-Management process concerned with achieving synergy of an organization’s internal divisions and convolution of the organization with its external environment for achieving organizational goals. -Concerned with the mission, plans, objectives, strategies for the total organization (through strategy formulation and implementation) |
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-Analyzing the environment -Analyzing organizational resources -designing strategy for future competitive advantage. |
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| Types of business, competitive position, resource development and allocation, i.e., what set of businesses are we/should we be in? |
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| Competitive advantage in a particular market, i.e, how do we compete and seek competitive advantage? |
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| Action plans for each functional area, i.e., how do the functional ppp support the business strategy. |
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| Units with high market share in a slow-growing industry. These units typically generate cash in excess of the amount of cash needed to maintain the business. |
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| units with low market share in a mature, slow-growing industry. These units typically "break even", generating barely enough cash to maintain the business's market share. |
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| Are growing rapidly and thus consume large amounts of cash, but because they have low market shares they do not generate much cash. |
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| Units with a high market share in a fast-growing industry. The hope is that stars become the next cash cows. |
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| Porter's Competitive Strategies (Image) |
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Definition
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Term
| Strategy Formulation (step) |
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Definition
-mission -objectives -strategies |
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| Strategy Implementation (step) |
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Definition
-org design -policies -practices -people -leadership |
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| Evaluation and Control (step) |
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| Ability to influence other people toward the attainment of goals |
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Self knowledge: how do you learn, do you face reality, do you watch & listen, are you willing to improve? Social Network knowledge: do you know how to build a strong team, can you help/teach them? Organizational knowledge: do you know how to draw on the strengths of others, do you help them develop? Stakeholder knowledge: do you know how to create interactions with a host of stakeholders? |
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-Courage -Consistency -Candor -Charm -Ability to Communicate |
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performance=KSA's * Motivated Behavior * context context: the degree and type of effort that an individual exhibits. |
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| Variables affecting Motivational Process |
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Definition
-Individual characteristics -Job characteristics -Work environment characteristics |
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| Context Theory (motivation) |
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Definition
| focus on needs and their fulfillment |
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| Process Theories (motivation) |
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Definition
| Focus on cognitions (what comes know via perceptions) people make in choosing actions |
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| Reinforcement Theory (motivation) |
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Definition
| focus on relationship between stimulus and response and consequences |
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| Herzberg's Two-Factor Theory |
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Definition
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| Equity Theory (motivation) |
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| Ones perception of fairness compared to others. |
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| Expectancy Theory (motivation) |
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| Ones expectations about ability o perform and get desired rewards. |
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| goal-setting theory (motivation) |
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| ones goals and process of setting them |
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| Expectancy, Instrumentality |
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Definition
Expect: How well the person believes effort will lead to 1st order outcomes.
Inst: How well one perceives he link between 1st and 2nd order outcomes. |
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| The value a person attaches to the outcome |
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| Job Characteristics Model (enrichment) |
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Definition
-critical psychological states (meaningfulness, responsibility, knowledge) -outcomes -core job dimensions -moderating factors |
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Definition
skill variety - range of ksa and activities task identity - whole job, beginning to end task significance - substantial impact on others autonomy - freedom, discretion, independence feedback - information on effort or performance |
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