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Hrm Midterm Study Guide

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Hrm Midterm Study Guide
HRM Midterm Study Guide
Evidence Based Management Article
Understand the general message/point the author is making
The author is basically saying that most of our knowledge in all industries is not based on evidence (as logic would suggest be the basis of our work), but rather on dogmatic assertions from the past. We choose to do things because they are the way things have always been done, not because they are the most efficient. The author suggests moving to a more evidence based management approach in order to ensure that processes are the most accurate.

Know the steps cited to start an evidence based management movement in a company * Demand evidence * Examine logic * Correlation or Causation? * Is the data on opinions or results? * Organization as unfinished prototype * Run trials, pilots and small experiments * Embrace the attitude of wisdom
Chapter One – the Challenge of HRM
Understand the general framework of HRM as balancing competitive challenges with employee issues/concerns
Competitive Challenges: * Changes in the marketplace and economy * Globalization * Technology * Cost containment * Leveraging employee differences
Employee Concerns: * Job security * Healthcare issues * Age and generational work issues * Retirement issues * Gender issues * Educational levels * Employee rights * Privacy issues * Work attitudes * Family concerns
Human Resources must manage these two aspects of the business through these activities: * Planning * Recruitment * Staffing * Job design * Training/development * Appraisal * Communications * Benefits * Labor relations

Know the relationship between HR practices and the business strategy
HR managers who have a good understanding of their firm’s business can help it achieve its strategies – whatever they may be – through the effective utilization of people and their talents. *

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