Podcast
Questions and Answers
What is the primary objective of Human Resource Management in terms of talent acquisition?
What is the primary objective of Human Resource Management in terms of talent acquisition?
What is the focus of personnel administration?
What is the focus of personnel administration?
What is an important element of a job description?
What is an important element of a job description?
What is a key challenge in Human Resource Management?
What is a key challenge in Human Resource Management?
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What is the focus of Human Resource Management in terms of employee performance?
What is the focus of Human Resource Management in terms of employee performance?
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What is an important aspect of HRM in terms of social climate?
What is an important aspect of HRM in terms of social climate?
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What is the next step after attracting the best employees in terms of compensation?
What is the next step after attracting the best employees in terms of compensation?
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What is an element of a job description that may be optional?
What is an element of a job description that may be optional?
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Which HRM approach focuses on the long run and seeks to increase productivity rather than reduce costs?
Which HRM approach focuses on the long run and seeks to increase productivity rather than reduce costs?
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What is a characteristic of the bureaucratic and centralized HRM approach?
What is a characteristic of the bureaucratic and centralized HRM approach?
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In a competency-based management approach, what is the focus of employee development and management?
In a competency-based management approach, what is the focus of employee development and management?
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What is a 'core competency' in the context of HRM?
What is a 'core competency' in the context of HRM?
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What is the primary focus of the grade or rank based management approach?
What is the primary focus of the grade or rank based management approach?
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What is the main advantage of the strategic HRM approach?
What is the main advantage of the strategic HRM approach?
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Which HRM approach is characterized by a focus on employee empowerment and flexibility?
Which HRM approach is characterized by a focus on employee empowerment and flexibility?
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What is the role of managers in the strategic HRM approach?
What is the role of managers in the strategic HRM approach?
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What is the primary focus of Social Audit?
What is the primary focus of Social Audit?
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What is the term for reorganizing companies to increase operating efficiency?
What is the term for reorganizing companies to increase operating efficiency?
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What is the core competency of a university?
What is the core competency of a university?
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What is the focus of the human relations school of HRM?
What is the focus of the human relations school of HRM?
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What is the term for the era of HRM that emphasizes collaboration, innovation, and shared networks?
What is the term for the era of HRM that emphasizes collaboration, innovation, and shared networks?
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What is the primary focus of the contingency approach in HRM?
What is the primary focus of the contingency approach in HRM?
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What is the primary focus of Strategic HRM?
What is the primary focus of Strategic HRM?
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What is the definition of Human Resource Management (HRM)?
What is the definition of Human Resource Management (HRM)?
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Study Notes
HRM Definition and Objectives
- HRM definition: To have in time and permanently, in sufficient numbers, of competent and motivated people, at an optimal cost, to do the necessary work, in the best possible social climate.
- HRM objectives:
- Ensure compliance with local laws
- Assist in acquiring talent that serves strategic and operational objectives
- Create a positive social climate
- Establish a harmonious relationship between employer and employee
- Ensure optimal employee performance through performance evaluation and skills development systems
HRM Challenges
- Market uncertainty and rapid change
- Selection
- Retention
- Compensation: attracting the best employees and rewarding productive workers
Elements of a Job Description
- Job title
- Job purpose/position objective
- Location
- Reports to: hierarchical position
- Roles and responsibilities
- Job profile: candidate requirements
- Academic background
- Professional trainings/certificates
- Hard/Soft skills
- Work experience
- Optional: Behavioral competencies
- Optional: Functional competencies
- Additional job dimensions and work environment info
HRM vs Personnel Administration
- Bottom-up (Personnel administration): operational, focuses on executing orders, reducing costs, and centralized
- Top-down (HRM): strategic, focuses on long-term productivity, and considers people as investments
HRM Approach Evolution
- Grade or rank-based management: traditional approach, focuses on rank/grade, not performance
- Job or position-based management: introduced the "job repository" tool, training/salary/benefit depends on position
- Competency/talent-based management: focuses on employee talent and skillset
Competency-Based Management
- Competency: ability to use specific resources to perform a job well
- Competency-based management: defines necessary competencies, and provides a framework for hiring, developing, and managing employees
- Total quality management: focuses on product and management quality
- Social audit: assess employee-related aspects
- Change management: managing organizational changes
History of HRM
- 90s/2000s: rationalization, e-commerce, and globalization
- 2012: rise of startup culture, emphasizing collaboration, innovation, and shared networks
- Summary of HRM history:
- Classical theories: focused on process, not employees
- Human relations school: focused on employees
- Neoclassical synthesis: introduced contingency approach, considers company context
- Strategic HRM: considers HR practices aligned with long-term organization goals and external factors
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Description
This quiz covers the objectives of Human Resource Management, including compliance with local laws, acquiring talent, and establishing a positive social climate.