A method of creating future scenarios that differ radically from those created by extrapolation of present trends
What is Scenario Planning?
100
A quantitative approach that attempts to forecast future personnel needs based on extrapolating information from historical changes in or more organizational indices.
What is Trend Analysis?
100
Plan, Purpose,Ploy,Position,Perspective
What is Mintzberg's 5 P's?
100
1. Economic climate
2. Globalization
3. Political and legislative factors
4. Technological factors
5. Demographic factors
6. Social and cultural factors
What are Environmental Factors?
100
This can be attained by expanding the client base, increasing the products/services, changing distribution networks or using technology.
What is Incremental Growth?
200
• Planning, selection and implementing IT solutions for business;
• Information management and project management;
• Work collaboratively with professional IT consultants;
• Proficiency with finding current, accurate, and immediate answers to HR questions through the use of telecommuting and virtual teaming.
What is the Role of HR Professionals?
200
Board of Directors and Senior Executives
Senior Management
Supervisors
Employees
Unions
Customers
Suppliers
Governments
Regulatory Agencies
The Public
NGOs
Anyone who can influence or be affected by management decision-making
Who are Stakeholders?
200
1.Establish the mission, vision and values
2. Develop objectives
3. Analyze the external environment
4. Determine the competitive position
5. Identify the competitive advantage
6. Implement the strategy
7. Evaluate the performance
What are the steps in the Strategic Planning Process?
200
Competency
Core Competencies
Role or Specific Competencies
What are Competency Based Approaches?
200
An articulation of a view of a realistic , credible and attractive future for the organization.
What is a Mission Statement?
300
The process of learning contents distributed in digital format via computers over the Internet or other network.
What is E-Learning?
300
• name
• seniority
• classification
• part-time or full-time work status
• work history and record of jobs held
• education
• training
• skill competencies
• areas of expertise
• talents
• history of performance appraisals
• future jobs desired
• hobbies and interests
What is Skills Inventories?
300
1. Monitor and analyze external factors
2. Assess the strengths and weaknesses of the organization's HR
3. Determine the HR implications of such corporate strategies as restructuring
4. Going International
5. Mergers and Aqcuisitions
6. Outsourcing
7. Assess the effectiveness of these efforts
What are the components of the Strategic HR Planning Model?
300
Used to support the process of finding replacements for key managerial positions. Typical information includes:
• Predicted departure dates
• Shortlist of possible successors
• Performance appraisal information
• How ready successors might be as replacements
What is Replacement Charts ?
300
The systematic monitoring of trends affecting the organization. The goal is to identify trends in the external environment that might affect the formulation and implementation of both organizational and HR strategies.
What is Environmental Scanning?
400
Preparing employees for future jobs within the organization and developing the next generation of leaders. The process relies on intensive information like:
• competencies
• talent pools
• developmental plans
• performance assessments
• developmental opportunities
What is Succession Management?
400
Incremental growth
International Growth
Acquisition
Merger
Stability Strategies
What is Growth Strategies?
400
1. Determine the job or process to be analyzed
2. Determine methods and analyze the job or process
3. Examine the recorded data on the job or process
4. Define and formalize new methods and performance standards for the job or process
5. Maintain new methods and performance standards for the job or process
What are the steps in Job Analysis?
400
Evaluation of attributes and performance dimensions of a job from “the full circle” around the job, i.e., feedback from subordinates, superiors, co-workers, clients as well as the jobholder him/herself.
What is 360-degree evaluation?
400
A process in which the forecasts and judgments of a selected group of experts are solicited and summarized in attempt to determine the future of employment.
What is Delphi Technique?
500
1. Low-cost Provider Strategy
2. Broad differentiation strategy
3. Best-cost provider strategy
4. Focused or market niche strategy
5. Focused or niche strategy based on differentiation
What is Michael Porter’s Model of Competitive Strategies?
500
Increased time and energy involved in making decisions;
Greater potential for information overload;
Impossible commitments to employees;
Over-concern with employee reactions that may be incompatible with industry conditions.
What is The Risks of Strategic Planning?
500
1. Storing important data such as wages, vacation and sick time
2. Transferring employee data between HR and outside payroll systems
3. Generating organizational charts
4. Posting job openings within the organization
5. Tracking labour costs
What are 5 applications receiving the greatest level of IT support in HR?
500
Critical Incidents Technique
Behaviourally Anchored Rating Scales
Position Analysis Questionnaire
Functional Job Analysis
The Hay System
What are Job Analysis Techniques?
500
A forecasting method in which trends are analyzed by a
panel of experts who then predict the probability of future
events.