Podcast
Questions and Answers
How has digital transformation influenced HR practices in recruitment?
How has digital transformation influenced HR practices in recruitment?
- By decreasing the use of online job boards.
- By making internal workings of companies less visible
- By prompting HR managers to ensure fair internal processes like promotions and pay. (correct)
- By eliminating the need for responding to rejected job candidates.
What is the role of talent analytics algorithms in employee retention?
What is the role of talent analytics algorithms in employee retention?
- They limit employee access to social media sites.
- They ensure all employees receive equal compensation regardless of performance.
- They identify factors that flag high potential employees likely to leave. (correct)
- They decrease reliance on performance reviews.
What is the primary goal of strategic human resource management?
What is the primary goal of strategic human resource management?
- To formulate HR policies that align with the company's strategic aims. (correct)
- To minimize employee turnover rates.
- To reduce the cost of employee benefits.
- To ensure all employees are satisfied with their jobs.
Why must HR managers ‘speak the CFO’s language’?
Why must HR managers ‘speak the CFO’s language’?
What are the implications of globalization for HRM?
What are the implications of globalization for HRM?
What does managing workforce diversity involve for HRM?
What does managing workforce diversity involve for HRM?
How should organizations manage continuous improvement programs effectively?
How should organizations manage continuous improvement programs effectively?
What is the primary focus of re-engineering work processes?
What is the primary focus of re-engineering work processes?
What is a key consideration for HRM when employing a contingent (temporary) workforce?
What is a key consideration for HRM when employing a contingent (temporary) workforce?
In what area should HRM be concerned regarding computerized systems?
In what area should HRM be concerned regarding computerized systems?
Flashcards
Digital Transformation in HR
Digital Transformation in HR
The transformation of HR practices through digital and social media tools, impacting recruitment, retention, training, and employee engagement.
Transparent Career Sites
Transparent Career Sites
Sites where employees share insights about companies, including salary reports, company reviews, and CEO approval ratings.
Talent Analytics for Retention
Talent Analytics for Retention
Using algorithms to analyze various factors (experience, social media activity) to predict which employees are likely to leave.
Strategic HR Management
Strategic HR Management
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HR Competencies
HR Competencies
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Business Acumen
Business Acumen
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Global & Cultural Effectiveness
Global & Cultural Effectiveness
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Workforce diversity
Workforce diversity
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Contingent workforce
Contingent workforce
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Continuous improvement programs
Continuous improvement programs
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Study Notes
- Developing the right workplace model is viewed as crucial for success by 87% of business leaders.
- Only 24% of leaders feel prepared to embrace workplace model changes.
Digital Transformation in HR
- Digital and social media are reshaping job searching, recruitment, retention, and employee training.
- Career sites are more transparent, offering insights into employers via platforms like Glassdoor, CareerBliss, CareerLeak, and JobBite.
- 48% of job seekers use Glassdoor during their job search, often before applying to check out a company.
- Transparency encourages HR to ensure fairness in internal processes.
- Digital/social media has revolutionized recruitment, with managers using LinkedIn to identify and vet active and passive candidates.
- Gild helps managers find skilled software engineers by assessing open source code.
- Talent analytics algorithms can enhance employee retention by tracking factors like experience, advancement, and social media activity.
- Talent analytics tools synthesize data from learning and customer management systems to improve training effectiveness allowing HR personel to understand the impact, and why, of training courses.
- Approximately 70% of job openings are online and analytical tools scrutinize these to find industry hiring trends and competitive pay data.
- HR managers are focusing on long-term, strategic issues.
- Strategic HR involves creating policies that align employee competencies with company goals.
Evolving Role of HR Managers
- HR tasks now require strategic planning and data-driven decision-making skills.
- HR managers should defend plans with measurable terms like ROI.
- HR managers must understand strategic planning, marketing, production, and finance.
- HR managers need to manage org changes, employee engagement, and redesign structures during company merges and expansions.
- Aside from being sociable modern HR requires the competencies, skills, knowledge and expertise itemized in the SHRM Body of Competency and Knowledge
- HR managers should exhibit: leadership and navigation, ethical practice, business acumen, relationship management, consultation, critical evaluation, global and cultural effectiveness, and communication.
Social media's dual role
- Social media presents benefits and risks.
- Risks include employees potentially harassing coworkers via platforms like Facebook.
- Employers need to distinguish between illegal online harassment and simple personality conflicts.
- Companies should implement zero-tolerance policies for bullying.
- Social media helps in staffing by finding candidates on LinkedIn and vetting applicants on Facebook.
- Reviewing applicant profiles on social provides problematic data like race and religion.
- Some states restrict employers from requesting employee/applicant passwords.
- Companies should have policies limiting online candidate checks.
- Supervisors should consider restricting their own behavior when it comes to checking on employees.
Recent Trends in
- Globalization is impacting the modern trends of Human Resource Management.
- Business has expanded globally, necessitating new skills such as cultural adaptability, knowledge, and skills.
- Organizations must train individuals to handle global assignments and challenges.
- HRM requires that management is flexible in its practices.
Workforce Diversity
- Workforce diversity encompasses employee similarities and differences like age, culture, race, gender, and more.
- Diversity is linked to the organizations strategic direction.
- Ending gender inequality and breaking down glass ceilings are goals for modern employers.
- Organizations require a a family friendly environment with flexible work schedules and other benefits.
- HRM must be aware of age differences and respect diverse perspectives.
- A participative approach helps manage diversified workforces.
- Managing a diversified workforce is a challenge for management.
Shifting Employee Expectations
- Modern workers are educated, demanding, and ready to protest to meet expectations.
- The list of employee demands continues to grow.
- Turnover is rising in industries like software and telecom companies.
- Acquisition and development costs of recruits will mount with ignored expectations.
- Organizations need to efficiently anticipate turnover through HRM planning, training schemes and compensation.
Required Skills
- Recruiting skilled labor is important for productivitiy, quality and a diverse workforce.
- Skills deficiencies translates to losses for the organization.
- Growing jobs require more education and higher english.
- HRM practitioners need to communicate with educators, etc. to weigh skill deficiencies/shortages.
- HRM must devise training programs to bridge skill deficiencies.
Trends in Corporate Downsizing
- Organizations attempt to delayer to create greater efficiency and reduce costs.
- Downsizing focuses on reduce the number of workers employed by the organization.
- Proper communication and factual updates are vital during streamlining.
Enhanced Procedures
- Organizations strive to improve procedures like hiring people, processing and customer needs.
- HRM is important when implementing improvement programs.
- Clear communication is key when implementing change.
Re-engineering Practices
- Improved processes come from continuous improvement initiatives focus on incremental change.
- Re-engineering involves assessment of 70% of work process in an organization.
- It requires rethinking work, execution, etc.
- To avoid frustration employees require direction from HRM of what to do.
- HRM needs skills training to generate its benefits.
Occasional Employed Hires
- Contingent workforce are hired for periods of time.
- Organizations require to manage transition.
- HRM should partner in strategic decisions and locate/bring in temporary workers to the organization.
- HRM should adapt them quickly and give thought to how to attract quality temporaries.
Customized Labor practices
- Mass Customization is a lot of customization.
- HR needs marketing tool around customization for consumer applying them the talent.
- HR should understand level of customization in the employment.
- Customization will mean the different will receive work conditions based on their contribution.
Work Site Organization
- Telecommunication has allow employees to work anywhere.
- Decentralized work sites present HRM challenges in managing employees.
- Managers require ensure timely completion and work quality.
- HRM should rethink the compensation policy of employees.
- Health and safety of workers is the organizations repsosibility.
Involved Workers
- For today's organization's there are important role to play for HRM to implement involving workers.
- What is needed is demonstrated leadership as well as supportive management.
- Employees need to be trained in those role.
Technological Aspects
- Tech has improve a lot to HRM which are seen simplify of HRM functions in companies.
- Paper work has replace by HRM.
- Systems help store hand handling lot of data other hand have have to manage.
- HRM concerned with safety the information of staff and is forefront personnel operating.
Health Awareness
- Safety is managers concern because increasing number of injuries.
- Workers are supervise for safety.
- HRM must subscribe and paid for its worker clubs/ health.
- HRM has shifted to services by sensitization/insurance it has see high result by retaining employee's.
Balanced Life
- It has become a big debate about family life work balance.
- A happy family is equal to happy works.
- HRM must provide for family.
Managing Confidentiality
- In the short run there were challenges but organization to maintain well to stay competitive.
- As longer this need HRM is needed an human resources.
- Organizations need to dig deepen.
Conclusions
- Country borders are changing.
- Workforce is being more open.
- There are increasing education.
- There are many talents that available.
- The opportunities are more to be improving as skill.
- Organizations need ageing to deal workforce by managing, integrally, managing, multiple.
- HRM has grow and to new trend remain partner.
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