MGT 4322 CH. 1

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29 Terms

1
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Staffing includes which of the following?

Identifying, Attracting, Hiring, Assessing

2
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Staffing = ?

Firm Performance

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Strategic Staffing is defined as

The process of staffing an organization in future-oriented and goal-directed ways that support the organization’s business strategy and enhance organizational effectiveness

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Strategic Analysis Tools

Reactive and Proactive

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Reactive

Just filling empty vacancies and not a great way of handling staffing

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Proactive

Being a strategic seat at the table

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PESTEL

Political, Economic, Socio-Cultural, Technological, Legal, Environmental

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Political

Government policies, political instability, tax policies, trade policies, policy around inflation, tariffs

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Economic

Unemployment, inflation, interest rates, labor costs, healthcare costs, consumer spending, recession, wages, impact of inflation

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Socio-Cultural

Lifestyle choices, career attitudes, consumer tastes, population demographics, hiring college students or older people

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Technological

Technological advances, disruptive technologies, automation, AI, mobile apps, tap pay

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Environmental

Political sanctions on carbon emissions, move to sustainable resources and sourcing, corporate social responsibility, ethical supply chain management, working conditions

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Legal

Labor Laws (DACA), Ban the Box legislation (Criminal Hiring), occupational health and safety legislation, law in the books, specific laws, OSHA, minor laws, wage laws

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What does PESTEL show us?

Macro level trends that can impact a business, the industry risks, impact on business, the impact on attracting and retaining a workforce

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The strategic staffing process steps are…

  1. Workforce Planning

  2. Recruiting Talent

  3. Selecting Talent

  4. Acquiring Talent

  5. Deploying Talent

  6. Retaining Talent

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Workforce Planning

What business are we in?

How do we make our money?

What skills are we missing?

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Recruiting Talent

Converting people to actual applicants for the position with a sales pitch and having the knowledge and promotion of the employer’s brand

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Selecting Talent

Assessing and deciding who to hire

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Acquiring Talent

Assigning new hires to roles, departments, socializing them them to the organizational culture

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Retaining Talent

Who are the top performers and how do we keep them here

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Strategic thinking helps prioritize which 2 goals?

  1. Do we need to fill the position quickly?

  2. Do we need to find the best possible talent out there?

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Process Goals

Concerned with efficiency, actions focused on HOW to achieve an outcome

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Outcome Goals

Concerned with future job performance and return on investment, long term focused on WHAT will be achieved

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Which is not a part of PESTEL?

Educational

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What is staffing an organization in future-oriented and goal-directed ways that support the organization's business strategy and enhance organizational effectiveness?

Strategic Staffing

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Hiring employees that will demonstrate acceptable technical skills at year 1 is an example of what kind of goal?

Outcome goal

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Uber recently learned that lawmakers are considering eliminating a key tax break its drivers use to deduct vehicle expenses. Uber has been paying attention to which PESTEL force:________

Political

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The American Association of Law Professors has been really worried about the rise of online legal sites that offer generic legal forms that in the past were the bread and butter of contract lawyers. They are worried about this PESTEL force_______

Technological

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Describe the how a process goal and an outcome goal are different from each other.

Process goals relates to the hiring process itself versus an outcome goal relates to the product of the hiring process.