Podcast
Questions and Answers
What does the 'best practice school' argue about HR processes?
What does the 'best practice school' argue about HR processes?
What does the text say about the 'truth' in the 'extensive scientific debate' on HR approaches?
What does the text say about the 'truth' in the 'extensive scientific debate' on HR approaches?
What is the relationship between HR strategy and organizational strategy according to the text?
What is the relationship between HR strategy and organizational strategy according to the text?
What is the key idea behind 'Strategic Human Resource Management'?
What is the key idea behind 'Strategic Human Resource Management'?
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What is the key benefit of correctly executing HR best practices?
What is the key benefit of correctly executing HR best practices?
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Who proposed the 7 HR best practices mentioned in the text?
Who proposed the 7 HR best practices mentioned in the text?
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What is one of HR's key responsibilities?
What is one of HR's key responsibilities?
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Which tool is mentioned as a popular one for team creation and cooperation?
Which tool is mentioned as a popular one for team creation and cooperation?
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What is essential for a team to be considered psychologically safe?
What is essential for a team to be considered psychologically safe?
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How can HR support teamwork directly?
How can HR support teamwork directly?
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Why do management courses often focus on understanding team dynamics?
Why do management courses often focus on understanding team dynamics?
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What is an example of a tool that can help facilitate communication in a team?
What is an example of a tool that can help facilitate communication in a team?
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Why is employment security beneficial for organizations?
Why is employment security beneficial for organizations?
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What was the finding from a 2020 survey regarding job security?
What was the finding from a 2020 survey regarding job security?
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Why is selective hiring considered an HR best practice?
Why is selective hiring considered an HR best practice?
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What is a key consideration for organizations when conducting selective hiring?
What is a key consideration for organizations when conducting selective hiring?
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What is a potential benefit of having a diverse workforce for organizations?
What is a potential benefit of having a diverse workforce for organizations?
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According to research, what is the difference in performance between an average performer and a high performer?
According to research, what is the difference in performance between an average performer and a high performer?
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What is the primary purpose of HR activities that contribute to communication across the workforce?
What is the primary purpose of HR activities that contribute to communication across the workforce?
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According to the passage, how does employment security best practice contribute to creating a competitive advantage for the organization?
According to the passage, how does employment security best practice contribute to creating a competitive advantage for the organization?
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What is the term used to describe when HR best practices are combined?
What is the term used to describe when HR best practices are combined?
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What is the relationship between selective hiring, extensive training, and contingent compensation according to the passage?
What is the relationship between selective hiring, extensive training, and contingent compensation according to the passage?
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What is the primary benefit of the reduction of status differences and information sharing according to the passage?
What is the primary benefit of the reduction of status differences and information sharing according to the passage?
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Which of the following is NOT mentioned in the passage as a way that HR activities contribute to communication across the workforce?
Which of the following is NOT mentioned in the passage as a way that HR activities contribute to communication across the workforce?
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What does effective Human Resource Management (HRM) help an organization achieve?
What does effective Human Resource Management (HRM) help an organization achieve?
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What is the drawback of the employment security practice?
What is the drawback of the employment security practice?
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Which statement best reflects the text's view on training?
Which statement best reflects the text's view on training?
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What does the text imply about the relationship between theory and practice in Human Resource Management?
What does the text imply about the relationship between theory and practice in Human Resource Management?
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What is the purpose of encouraging open communication in an organization?
What is the purpose of encouraging open communication in an organization?
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Which statement best summarizes the text's overall message?
Which statement best summarizes the text's overall message?
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Study Notes
Best Practices in Human Resource Management
- The best practice school argues that certain bundles of HR activities lead to superior business performance, regardless of organizational setting or industry.
- Alignment of HR strategy with organizational strategy is crucial for optimum efficiency, also referred to as Strategic Human Resource Management.
- Implementing HR best practices can add substantial value to the business and its goals.
The 7 HR Best Practices
- Creating and nurturing high-performance teams that are cognitively diverse and psychologically safe.
- Ensuring employment security, which benefits organizations by retaining employees and avoiding costly recruitment and training processes.
- Selective hiring of employees who add value to the business, with a structured and fair selection process.
- Extensive training and development of employees to enhance their skills and performance.
- Contingent compensation, where employees are rewarded based on their performance.
- Reducing status differences and promoting open communication and information sharing.
- Making sure that employees are well-informed about the business and have a chance to contribute to and influence decisions affecting their working life.
Bundles of HR Best Practices
- Combining HR best practices creates synergies, leading to a competitive advantage for the organization.
- Examples of bundles include:
- Guaranteeing employment security and selective hiring.
- Selective hiring, extensive training, and contingent compensation.
- Reducing status differences and promoting open communication and information sharing.
Critique of HR Best Practices
- Some HR best practices contradict each other, and their implementation can be challenging in real-world scenarios.
- Employment security may not be feasible in organizations that rely on flexible contractors.
- Extensive training does not necessarily lead to a competitive advantage if not aligned with business goals.
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Description
Explore the concept of the best practice school in human resources management, focusing on universal HR processes that lead to superior business performance. Learn about the bundles of HR activities that can support companies in gaining a competitive advantage beyond organizational settings or industries.