Human resource managment

The process of managing human talent to acheive an organization's objectives

The trend towards opening up foreign markets to international trade and investments.

Corporate social responsibility

The responsibility of the firm to act in the best interests of the people and communities affected by its activities.

Workers whose responsibility extends beyond the physical execution of work to include planning, decision making, and problem solving.

Human resource information systems

A computerized system that provides current and accurate data for purposes of control and decision making.

Human resource managment systems

Change that occurs after external forces have already affected performance.

Change initiated to take advantage of targeted opportunities.

The knowledge, skills, and capabilities of individuals that have economic value to an organization.

Total quality management

A set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement.

A process used to translate customer needs into a set of optimal tasks that are performed in concert with one another.

Fundamental rethinking and radical redesign of business processes to acheive dramatic improvements to cost, quality, service, and speed.

Contracting outside the organization to have work done that formaly was done by internal employees.

The business practice of sending jobs to other countries.

The process of dismissing employees who are then hired by a leasing company (which handles all HR-related activities) and contracting with that company to lease back the employees

Being aware of characteristics common to employees, while also managing employees as individuals.

North American Free Trade Agreement

Asia-Pacific Economic Cooperation

Ways to contain costs

Downsizing, offshoring, Employee leasing, and productivity enhancements

Employee rights, conserns for privacy, changing attitude towards work, balancing work and family.

Responsibilities of the human resources manager

Advise and counsel, service, policy formulation and implimentation, and employee advocacy.

Competencies of the human resources manager

Business mastery, HR mastery, Change mastery, Personal credibility.

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HRM - Chapter 1

Vocabulary/ Key terms - By Ian McGonigal

Name	Description
Human resource managment	The process of managing human talent to acheive an organization's objectives
HRM	Human resource managment
Globalization	The trend towards opening up foreign markets to international trade and investments.
Corporate social responsibility	The responsibility of the firm to act in the best interests of the people and communities affected by its activities.
Knowledge workers	Workers whose responsibility extends beyond the physical execution of work to include planning, decision making, and problem solving.
Human resource information systems	A computerized system that provides current and accurate data for purposes of control and decision making.
HRIS	Human resource managment systems
Reactive change	Change that occurs after external forces have already affected performance.
Proactive change	Change initiated to take advantage of targeted opportunities.
Human capital	The knowledge, skills, and capabilities of individuals that have economic value to an organization.
Total quality management	A set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement.
TQM	Total quality mangement
Six sigma	A process used to translate customer needs into a set of optimal tasks that are performed in concert with one another.
reengineering	Fundamental rethinking and radical redesign of business processes to acheive dramatic improvements to cost, quality, service, and speed.
Downsizing	Planned elimination of jobs.
Outsourcing	Contracting outside the organization to have work done that formaly was done by internal employees.
Offshoring	The business practice of sending jobs to other countries.
Employee leasing	The process of dismissing employees who are then hired by a leasing company (which handles all HR-related activities) and contracting with that company to lease back the employees
Managing diversity	Being aware of characteristics common to employees, while also managing employees as individuals.
NAFTA	North American Free Trade Agreement
APEC	Asia-Pacific Economic Cooperation
WTO	World Trade Organization
AMA	America managment Association
Ways to contain costs	Downsizing, offshoring, Employee leasing, and productivity enhancements
Cultural changes	Employee rights, conserns for privacy, changing attitude towards work, balancing work and family.
Responsibilities of the human resources manager	Advise and counsel, service, policy formulation and implimentation, and employee advocacy.
Competencies of the human resources manager	Business mastery, HR mastery, Change mastery, Personal credibility.

Created by: maunderingcabal

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