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Flashcards covering key concepts from the Human Resource Management revision notes.
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Economic Challenges & Competitiveness in HRM
HRM must add value to organizations and employees through finding talented people, training them cost-effectively, resolving conflict, and establishing effective service delivery processes.
Impact of Technology on the Workforce
Technology has both positive and negative impacts on the workforce, requiring HRM to adapt policies and processes.
Influence of Change on Workforce Expectations
Workforce expectations are changing, with increased emphasis on flexibility and new demands from employees.
Engaging Employees and Managers
HRM needs to integrate itself into the business and adjust policies to effectively engage both employees and managers.
Diversity in South Africa
Diversity encompasses race, gender, sexual orientation, language, and multiple intelligences, presenting both opportunities and challenges for HRM.
Skills Development
HRM must focus on developing the right skills and providing appropriate development opportunities to address skills shortages.
South Africa’s Competitiveness Challenges
South Africa faces challenges including declining government efficiency, deteriorating education, high youth unemployment, corruption, and a lack of skills.
Paradox of High Unemployment and Skills Shortage
Despite high unemployment, there is a significant skills shortage due to economic conditions, market forces, high wages from collective bargaining, and a mismatch between skills and market demands.
Strategies for Employee Retention
Retaining employees with scarce skills involves recognizing their value, acknowledging retention problems, setting goals, profiling top performers, and creating open communication and competitive compensation.
Employment Relations Landscape in SA
The employment relations landscape requires ongoing dialogue and negotiation among government, employers, trade unions, and employees, with a focus on constructive relationships and conflict resolution skills.
Contingency Employment
Contingency employment involves contract, temporary, seasonal, and casual employees. Legislation changes have been made to protect these vulnerable workers and ensure fair employment practices.
Ethics in HRM
Ethics involves a set of personal, professional, and corporate standards that guide behavior to ensure fair and just outcomes. Ethical leadership is fair, principled, and genuine.
Corporate Governance
Corporate governance is the exercise of ethical and effective leadership towards achieving an ethical culture, effective control, legitimacy, and good performance.
Creating an Ethical Organization
Creating an ethical organization involves promoting ethical leadership, developing a Code of Ethics, conducting ethics audits, providing ethics training, and offering mechanisms for whistleblowing.
Diversity in HRM
Diversity includes ethnicity, culture, age, religion, gender, disability, and background. HRM must create equity in the workplace, comply with the EE Act, and ensure fair and non-discriminatory policies.
Artificial Intelligence (AI) Challenges in HRM
AI presents challenges such as ethical concerns (transparency, security, fairness), job displacement, data accuracy, and the potential for incorrect decision-making.
Artificial Intelligence (AI) Opportunities in HRM
AI offers opportunities to automate repetitive tasks, enhance strategic applications, improve recruitment and onboarding, and optimize performance management and employee engagement.
COVID-19 Impact on HRM
COVID-19 led to flexible work arrangements, remote vs hybrid work models, increased focus on employee psychological stress, and ensuring employment and compensation.
Remote vs Hybrid Work
Remote work involves working from home, while hybrid work is a blend of working from the office and from home.
Organisational Structure
Organisational structure refers to the formal definition of tasks, jobs, work units, people, and resources, and the relationships between them.
Departmentalisation
Departmentalisation is the grouping of related functions into manageable units, such as by function, process, product, market, customer, or geographic area.
Business Partner Model
The business partner model involves shared services, Centers of Excellence (CoEs), HR business partners, and HR leadership teams.
Mechanistic Organisational Structure
A mechanistic organisation has centralized authority, divisions between departments, and specialized roles that work independently.
Organic Organisational Structure
An organic organisation is flexible, adapts well to changes, and has little job specialization, few layers of management, and decentralized decision-making.
Role of Professional Bodies
Professional bodies are non-profit organizations that further a particular profession and the interests of individuals and the public in general by providing CPD, publishing articles, networking, and setting a Code of Conduct.
Professional Bodies in South Africa
In South Africa, key professional bodies in HR include the Institute of People Management (IPM) and the South African Board for People Practices (SABPP).
SABPP Integrity
Integrity is promoted by SABPP through honesty, objectivity, fairness of judgement, consistency of action and loyalty to the profession.