Podcast
Questions and Answers
What is the primary aim of the recruitment process?
What is the primary aim of the recruitment process?
Which of the following is NOT mentioned as a technique to attract candidates?
Which of the following is NOT mentioned as a technique to attract candidates?
What type of human capital is characterized as having the least portability?
What type of human capital is characterized as having the least portability?
In the context of human capital theory, what does 'portability' refer to?
In the context of human capital theory, what does 'portability' refer to?
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Which recruitment method allows for a pre-screening of applicants by an external party?
Which recruitment method allows for a pre-screening of applicants by an external party?
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What is a goal of conducting recruitment activities in a fair manner?
What is a goal of conducting recruitment activities in a fair manner?
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Which type of human capital is identified as useful across many industries?
Which type of human capital is identified as useful across many industries?
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Which recruitment strategy focuses on existing employees to fill new positions?
Which recruitment strategy focuses on existing employees to fill new positions?
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What is the primary purpose of human resources management (HRM)?
What is the primary purpose of human resources management (HRM)?
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Which factor is NOT influencing modern work dynamics?
Which factor is NOT influencing modern work dynamics?
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How is organisational behaviour best defined?
How is organisational behaviour best defined?
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What role does advanced technology play in modern work?
What role does advanced technology play in modern work?
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What is a consequence of the rise of flexible work arrangements?
What is a consequence of the rise of flexible work arrangements?
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Which best describes flexibility in organisational structures?
Which best describes flexibility in organisational structures?
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How do demographic trends affect talent management?
How do demographic trends affect talent management?
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What is a characteristic of dynamic employment relationships?
What is a characteristic of dynamic employment relationships?
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What is company-specific human capital?
What is company-specific human capital?
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What is one significant disadvantage of hiring star performers from outside the company?
What is one significant disadvantage of hiring star performers from outside the company?
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How long can high-level employees, such as star analysts, experience a performance drop after switching firms?
How long can high-level employees, such as star analysts, experience a performance drop after switching firms?
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What common outcome occurs when star employees transition to new teams?
What common outcome occurs when star employees transition to new teams?
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What impact can the movement of star employees have on a company's market value?
What impact can the movement of star employees have on a company's market value?
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What does research indicate about the performance of stars moving between comparable firms?
What does research indicate about the performance of stars moving between comparable firms?
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Why might companies choose to develop talent internally instead of hiring star employees from outside?
Why might companies choose to develop talent internally instead of hiring star employees from outside?
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What is a potential risk when a star employee leaves a company?
What is a potential risk when a star employee leaves a company?
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What is a key advantage of using AI for screening CVs in the recruitment process?
What is a key advantage of using AI for screening CVs in the recruitment process?
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What is one potential concern regarding the use of AI in hiring?
What is one potential concern regarding the use of AI in hiring?
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What role do chatbots like TARA play in the recruitment process?
What role do chatbots like TARA play in the recruitment process?
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Why do many recruitment processes fail?
Why do many recruitment processes fail?
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What selection tools are considered most effective in hiring high-performing employees?
What selection tools are considered most effective in hiring high-performing employees?
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What misconception might applicants have regarding job openings?
What misconception might applicants have regarding job openings?
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How do right tools contribute to hiring in organizations?
How do right tools contribute to hiring in organizations?
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Which selection tools are considered less effective in employee recruitment?
Which selection tools are considered less effective in employee recruitment?
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What advantage do employees recruited through informal sources have over those recruited through formal sources?
What advantage do employees recruited through informal sources have over those recruited through formal sources?
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Which hypothesis suggests that informal recruitment provides candidates with realistic information about job demands?
Which hypothesis suggests that informal recruitment provides candidates with realistic information about job demands?
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What is one reason informal recruiting leads to lower turnover rates?
What is one reason informal recruiting leads to lower turnover rates?
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What role does mentorship play in the context of external hires?
What role does mentorship play in the context of external hires?
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What are direct applicants likely to have done that gives them an advantage?
What are direct applicants likely to have done that gives them an advantage?
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What is a common outcome for employees hired through informal sources according to research?
What is a common outcome for employees hired through informal sources according to research?
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Which recruitment method typically results in better long-term employee success?
Which recruitment method typically results in better long-term employee success?
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What could be a significant reason for the success of informal recruitment?
What could be a significant reason for the success of informal recruitment?
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What is the purpose of developing interview questions based on a job analysis?
What is the purpose of developing interview questions based on a job analysis?
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How is the scoring guide structured for evaluating responses?
How is the scoring guide structured for evaluating responses?
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Which method is used to predict an applicant's future job behavior?
Which method is used to predict an applicant's future job behavior?
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What allows interviewers to gather more detailed information during a behavioral interview?
What allows interviewers to gather more detailed information during a behavioral interview?
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Why is there no check for social desirability during behavioral interviews?
Why is there no check for social desirability during behavioral interviews?
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What is a sample stem question used in a behavioral interview?
What is a sample stem question used in a behavioral interview?
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What is the role of 'star' employees in developing the scoring scale?
What is the role of 'star' employees in developing the scoring scale?
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What should the interview questions assess according to different dimensions of the role?
What should the interview questions assess according to different dimensions of the role?
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Study Notes
HRM & OB Week 1
- Human resource management (HRM) is a formal system for managing people within an organization, influencing employee behavior, attitudes, and performance.
- Strategic HRM outlines a pattern of planned HR deployment and activities to help an organization achieve its goals.
- Organizational behavior (OB) investigates how individuals, groups, and organizational structure influence organizational effectiveness.
- Work can be seen as a curse or a freedom, and alternately as a commodity or a route to citizenship.
- The future workforce will see different categories based on the individualistic and collectivist world view of the workforce.
Dominant Changes in Work & Working Relationships
- Advanced technology (AI, automation, digital tools) is transforming job roles and making processes more efficient.
- Demographic trends (aging workforce, diversity, generational shifts) influence how organizations manage talent and work.
- Time-spatial flexibility (remote work, freelancing) is altering traditional workspaces.
- Flexibility in employment relationships (part-time, contract work, freelancing) is becoming more common.
- Flexibility in organizational structures (agile, less hierarchical, cross-functional teams) helps companies adapt.
- Worker skills and education (continuous learning, upskilling) are necessary for staying relevant with rapid technological advancements.
Psychological Contracts
- A psychological contract is an unwritten, informal agreement between employees and their employers about mutual expectations, obligations, and perceived benefits of the employment relationship.
- Reciprocal expectations include individual contributions (e.g., effort, skills) and organizational inducements (e.g., pay, benefits, job security).
- Consistent patterns of inducements over time are necessary to maintain the psychological contract.
- A trust-based relationship where both parties meet each other's expectations is key to a healthy psychological contract.
- The psychological contract is based on the mutual obligations of both parties (employer and employee).
Recruitment
- Recruitment is a process to attract qualified candidates for a specific position.
- Aims include obtaining a pool of suitable candidates, ensuring a fair process, contributing to organizational goals, and conducting efficient recruitment activities.
External vs Internal Mobility
- The text discusses recruitment techniques and differences between internal and external hiring.
- Internal recruitment uses existing employees and focuses on promoting or transferring them to different positions.
- External recruitment involves looking outside the organization for hires.
Human Capital Theory
- Human capital encompasses skills, knowledge, and experience that a person brings to an organization.
- The five types of human capital vary based on how easily the skills, knowledge, and experience can be transferred from one company or situation to another.
- Some examples are General Human Capital (skills applicable across industries), Strategic Human Capital (special, high-level decision-making expertise), Industry Human Capital(skills related to specific industries), Relationship Human Capital (important connections within a particular company) and Company-Specific Human Capital.
Growing Stars or Buying Them?
- The dilemma of whether to develop internal talent or hire external talent.
- Research has shown that internal promotion, may be better for long-term sustainability since internal candidates are better aligned with the organizational culture and dynamics leading to better results over time.
Selection Practices by Country
- The text provides data on the types of selection practices used in different countries ( Japan, Hong Kong, UK, Germany, France, US, & Australia) regarding recruitment processes.
- It includes information on the use of application forms, references, interviews, tests, and questionnaires in employment selection processes.
- It also mentions differences in selection practices, for example unstructured interview, which allows job candidates and applicants being evaluated in different ways as a means of collecting the requisite data from the applicants.
Situational Interview
- Interviewers use situational interviews to assess how candidates will behave in situations likely to arise in the job.
- Candidates' responses reflect how they will behave in future similar situations in the workplace.
- Job analysis using critical incidents, are used in creating situational interview questions.
- The text suggests using a scoring key and examples to ensure fair and objective evaluation of candidates.
Behavioral Interview
- Behavioral interviews focus on past behavior to predict future job performance.
- The goal is to understand how candidates have handled past situations to see how they might handle similar situations in the future.
- Understanding what motivated past behavior.
- The interview process and steps involved.
Neurodiversity in Modern Recruitment
- The importance of neurodiversity in modern recruitment is discussed.
- Companies can benefit from hiring neurodiverse candidates and implementing inclusive processes to fully utilize their unique skills.
- The factors influencing initial impressions and steps to create a supportive work environment for neurodiverse employees.
- The Big Five personality traits and their low correlation with job performance making them a questionable selection tool.
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Description
Explore the foundational concepts of Human Resource Management and Organizational Behavior in this Week 1 quiz. Understand how strategic HRM, employee behavior, and organizational effectiveness are intertwined. Delve into the impact of technology and demographic changes on work and relationships.