Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

HRM - Chapter 2

Vocabulary / key term - By Ian McGonigal

QuestionAnswer
Strategic planning Procedures for making decisions about the organization's long-term goals and strategies.
Human resources planning The process of anticipating and providing for the movement of people into, within, and out of an organization.
Strategic human resources management The pattern of human resources deployments and activities that enable and organization to achieve it strategic goals.
Mission The basic purpose of the organization as well as it's scope of operations
Strategic vision A statement about where the company is going and what it can begome in the future; clarifies the longterm direction of the company and its strategic intent.
Core values The strong and enduring beliefs and principles that the company uses as a foundation for its decision.
Enviromental scannin Systematic monitoring of the major external forces influencing the organization.
Cultural audits Audits of the culture and quality of work life in an organization.
Core competencies Intergrated knowledge sets within an organization that distinguish it from its competitors and delvier value to customers.
Trend analysis A quantitive approach to forecasting labor demand based on an organizational index such as sales.
Management forecasts The opinions (jusdgements) of supervisors, department managers, experts, or other knowledgeable about the organization's future employment needs.
Staffing tables Graphic representations of all organizational jobs, along with the numbers of employees currently occupying those jobs and future employment requirements.
Markov analysis A method for tracking the pattern of employee movements through various jobs.
Skill inventories Files of personnel educatio, experience, interests, skills, and so on that allow managers to quickly match job openings with employee backgrounds.
Replacement charts Listings of current hob holders and people who are potential replacements in an opening occurs.
Succession planning The process of identifying, developing, and tracking key individuals for executive positions.
SWOT analysis A comparison of strengths, weaknesses, opportunities, and threats for strategy formulation purposes.
Value creation What the firm adds to product or service by virtue of making it; the amount of benifits provided by the product or service once the costs of making it are subtracted.
Benchmarking The process of comparing the organization's processes and practices with those of other companies
Balanced scorecard A measurement framework that helps managers translate strategic goals into operational objectives.
Organizational capability The capacity of the organization to act and change in pursuit of sustainable competitive advantage.
Five forces framework Suppliers, new entrants, customers, substitutes, rival firms.
Organizations can acheive competitive advantage through people if they mee these criteria The resources must be valuable, rare, difficult to imitate, organizaed.
The 7-S model Structure, system, shared values, style, staff, skills, strategy.
Created by: maunderingcabal
Popular Management sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards