HR Chapter 1: Managing human resources? Analyzing work

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16 Terms

1

Human resource management

the policies, practices, and systems that influence employees behavior, attitudes, and performance

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2

Human capital

the organization’s employees have economic value to the company

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3

Sustainable competitive advantage

is better than competitors at something and can hold that advantage over a sustainable period of time

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4

Administrative services and transactions

handling administrative tasks ( hiring employees)

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5

Business partner services

developing effective HR systems that help the organization meet its goals

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6

Strategic partner

Contributing to the company’s strategy through an understanding of existing and needed human resources

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7

Job analysis

the process of getting detailed information about jobs

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8

Job design

process of defining the way work will be performed and the tasks that a given job requires

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9

Development

acquiring knowledge, skills, and behaviors that improve employee’s ability to meet the challenges of a variety of new or existing jobs

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10

Performance management

process of ensuring that employees activities and outputs math the organization’s goals

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11

workforce analytics

use of quantitative tools and scientific methods to analyze data from human resource databases

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12

human resource planning

identifying the numbers and types of employees the organization will require in order to meet its objectives

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13

talent management

a systematic, planned effort to attract, retain, develop, and motivate highly skilled employees and managers

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14

evidence based hr

collection and use of data to demonstrate that human resource practices have a positive influence on the companys profits or key stakeholders

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15

Sustainability

organizations ability to profit without depleting its resources

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16

Stakeholders

all the parties who have an interest in the organization’s success

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