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Questions and Answers
What is the primary function of a company's strategic plan?
During which decade did government employment legislation emphasize human rights and work conditions?
Which HR function is classified under Transactional/Operational activities?
What was the state of Human Resource Management in the early 1900s?
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Which tool summarizes each department's performance contribution to strategic goals?
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What was the main focus of government employment legislation in the 1970s/1980s?
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What is the primary focus of Transformational/Strategic knowledge management?
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In a Venture Team, which of the following is NOT typically part of the composition?
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What is a common issue related to Labour Market as discussed in the text?
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What is the main purpose of Evidence-based HRM?
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Which sector does NOT fall under the Tertiary/Service sector as per the Canadian employee statistics provided?
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What distinguishes a Cost Leadership Business Strategy from a Differentiation Business Strategy?
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Study Notes
HR Management Functions
- Planning/forecasting is a key function of Human Resource Management
- Recruitment is a crucial aspect of HRM
- Training, performance, health & safety, empowerment, law, and labor relations are other essential functions of HRM
- Compensation and benefits are also a vital part of HRM
History of HRM
- In the early 1900s, employees developed distrust in management, leading to the need for HRM
- HRM was non-existent in the 1900s
- In the 1930s, legislation was enacted, including minimum wage, unemployment insurance, and union rights
- In the 1970s and 1980s, the government began passing employment legislation focusing on human rights, wages, benefits, work conditions, and health and safety
- In the 1980s and 1990s, companies started outsourcing operational HR activities
Strategic Plan
- A strategic plan matches internal strengths and weaknesses with external opportunities and threats
- It reinforces, adjusts, or redirects the organization's present culture, fostering values like customer focus, innovation, growth, and cooperation
- A strategic plan helps identify the difference between "where we are today" and "where we want to be"
- Examples of strategic planning tools include strategic maps, balanced scorecards, and dashboards
HR Activities and Processes
- Transactional/Operational HR activities include benefit administration, records, and employee services (65-75%)
- Traditional/Tactical HR activities include recruitment, training, performance, compensation, and employee relations (15-30%)
- Transformational/Strategic HR activities include knowledge management, cultural change, and management development (5-15%)
Venture Teams
- Venture teams consist of representatives from R&D, marketing, sales, manufacturing, engineering, and finance
- Venture teams drive innovation and motivation through project-based work
HR Problem Scenarios
- Scenarios include a lack of research and development, a need for greater cooperation among employees, and the need to identify, encourage, and financially support new ventures
- Another scenario is expanding the demographic customer base
Canadian Employee Statistics
- In Canada, 18.6 billion people are employed
- The primary sector employs 4% of the workforce, including mining, agriculture, fishing, and forestry
- The secondary sector employs 17% of the workforce, including manufacturing and construction
- The tertiary/service sector employs 79% of the workforce, including public administration, personal/business services, finance, trade, utilities, transportation, and communication
Organizational Culture
- Organizational culture refers to the core, widely shared values, beliefs, and assumptions that influence communication, loyalty, consistency, and norms within an organization
Environmental Influences on HRM
- Labour market issues include changes to the workforce composition and designated groups
- Diversity, equity, and inclusion (DEI) are crucial aspects of environmental influences on HRM
- Other influences include non-standard work, mental health, hostile work conditions, flexibility, and turnover
- Economic conditions, technology, government, and globalization also impact HRM
Evidence-Based HRM
- Evidence-based HRM relies on data, facts, analytics, rigor, and research
- It involves actual measurements, such as surveys to track employee satisfaction, and existing data to evaluate program implementation
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Description
Test your knowledge on the functions of HR management including planning, recruitment, training, performance evaluation, health & safety, empowerment, laws, labour relations, compensation, and benefits. Learn about the history of HR from its non-existence in the early 1900s to the development of legislation in the 1930s and onwards.