Evidence based HRM - Decision-making as bounded rationality
15 important questions on Evidence based HRM - Decision-making as bounded rationality
Problems can be linked with bounded rationality, what does this mean?
How can you describe the decision making for a HR practice?
Why do managers choose to use quick fixes?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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Why can it be harmful to use quick fixes?
How can there be more rationality implemented in decision making?
This is Evidence Based HRM
What is meant with Evidence Based HRM?
Which 2 strategies are offered to close the practice-research gap?
- Make research findings available for practice as a source of knowledge to make better decisions -> Centre of evidence-based management
- Cocreation: A scientific study in which practitioners are closely involved in the execution of the research in their work context
Briner et al. Defined 4 core elements of EBHRM
2. They use evidence from the local context in which the decision applies
3. THey critically evaluate the best available external evidece
4. They take the perspectives of people who might be affected into account
EBHRM is not about applying the best practices, but what is it about?
Equally effective solutions can lead to the same outcome in different ways, but some might fit better with context
How did Herbert Simon define bounded rationality?
Which 5 elements limit peoples ability to make rational decisions?
- Understanding of the problem
- Personal preferences
- Blindspots
Social context - Access to knowledge
- Position in org power, politics
Name the 8 steps in the iterative decision making process used in EBHRM
- Identify the problem
- Understand the problem
- Ask a focussed question
- Collect evidence
- Evaluate evidence
- Generate alternatives
- Decide, prepare, implement
- Evaluate and adjust
How can one overcome bounded rationality?
What are 4 benefits of EBHRM?
2. Culture of learning and curiosity
3. Cumulative availability of data to use
4. Reduction of org politics and power play
In which situations can EBHRM too time consuming?
But EBHRM can contribute in other ways:
1. By building evidence based knowledge in decision kakers which will beneftit understanding of solutions for minor issues.
2. Developing intuition for quality of decision during time pressure.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
