Hca 312 Chapter 2

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Management forecasts
The opinions (judgments) of supervisors, department managers, experts, or others knowledgeable about the organization's future employment needs
Human resources planning (HRP)
The process of anticipating and providing for the movement of people into, within, and out of an organization
Human capital readiness
The process of evaluating the availability of critical talent in a company and comparing it to the firm's supply
Benchmarking
The process of measuring one's own services and practices against the recognized leaders in order to identify areas for improvement
Environmental scanning
Systematic monitoring of the major external forces influencing the organization
Cultural audits
Audits of the culture and quality of work life in an organization
Core values
The strong and enduring beliefs and principles that the company uses as a foundation for its decisions
Core capabilities
Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers
Skill inventories
Files of personnel education, experience, interests, skills, and so on that allow managers to quickly match job openings with employee backgrounds
Mission
The basic purpose of the organization as well as its scope of operations
Organizational capability
The capacity of the organization to act and change in pursuit of sustainable competitive advantage
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Staffing tables
Graphic representations of all organizational jobs, along with the numbers of employees currently occupying those jobs and future (monthly or yearly) employment requirements
Strategic human resources management (SHRM)
The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals
Strategic planning
Procedures for making decisions about the organization's long-term goals and strategies