Summary: Human Resource Management Uva

Read the summary and the most important questions on Human Resource Management UvA

• 1 Week 1

• 1.1.1 HRM

• What is Competitiveness and where is it related to?

  A company's ability to maintain and gain market share in its industry.
  Related to effectiveness, which is determined by whether the company satisfies the needs of stakeholders.

• Give a clear discription of HRM and sum up the important HRM practices

   policies, practices, and systems that influence employee’s behavior, attitudes, and performance.
  
  

  •  Analysis and design of work
  • HR planning: determining HR needs
  • Recruiting: attracting potential employees
  • Selection: choosing employees
  • Training and development: teach how to perform jobs and preparing for the future
  • Compensation
  • Performance management: evaluating performances
  • Employee relations: Creating a positive work environment

• 1.1.2 Strategic Role of the HRM Function

• The HRM function is changing what role for HR is becoming more important and what are the 2 main challenges

  Its role as a strategic business partner is becoming more important.
  
  two important challenges:
  

  1. Shifting their focus from current operations to strategies for the future
  2. Preparing non-HR managers to develop and implement human resource practices   

• What are the 3 subjects of the Shared Service Model?

  1. Centers of expertise: include HR specialists who provide their services across the whole company
  2. Service centers: a central place for administrative and transactional tasks, that employees and managers can access online.
  3. Business partners: HR staff members who work with business-unit managers on strategic issues.

• Major reasons for outsourcing HR practices

  • Cost savings
    
  • Increased ability to recruit and manage talent
  • Improved quality
  • Protection of the company from potential lawsuits by standardizing processes such as selection and recruitment 
    

• 1.1.3 HR analytics and evidence-based HR

• What is evidence-based HR?

  Demonstrating that human resource practices have a positive influence on the company's bottom line or key stakeholders.

• HR or workforce analytics

  The practices of using data grom hr databases and other data sources to make evidence-based human resource decisions

• What is the differnce between Senior HR and Junior HR?

  • Senior:  involve developing and supporting the company culture, employee recruitment, retention and engagement, succession planning, and designing the overall HR strategy
  • Junior HR role: handle all of the transactions related to paperwork, benefits, and payroll administration, answering employee questions, and data management
    

• 1.1.4 Competencies for HR professionals

• 9 HR competencies that can help a HR professional to show managers that they are capable of helping the HR function create value

  1. Human resource technical expertise and practices
     
  2. Relationship management
  3. Consultations
  4. Organizational leadership and navigation
  5. Communications
  6. Global and cultural effectiveness
  7. Ethical practice
  8. Critical evaluation
  9. Business acumen

• 1.1.5 Competitive Challenges influencing HRM

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• What are the 3 competitive challenges that companies now face?

  1. Challenge of sustainability
     
  2. Global challenge
  3. Technology challenge