Workforce Demographics
•What is the reduced supply of workers (at least in some fields)?
This will make finding and keeping employees a top priority.
The free movement of capital, goods, services, ideas, information, and people across national boundaries.
What is globilization?
This describes the result in an organizational shift from vertically integrated hierarchies to this_____.
What is a network of specialists?
This is where teams of specialists come together to work on a project and disband when the project is finished (e.g., the movie industry).
What is virtual organization?
•This is a term used when companies change by selling or buying plants or lines of business, or by laying-off employees.
What is restructuring?
This will present a continuing challenge to management.
What is the task of managing a culturally diverse workforce, of harnessing the motivation and efforts of a wide variety of workers?
What is technology?
The decline of routine work, coupled with the expansion of complex jobs will require this.
What is flexibility, creativity, and the ability to work well with people?
This is where employees operate remotely from each other and from managers.
What is a virtual workplace?
This is the planned elimination of positions or jobs.
What is downsizing?
This change will cause a shrinking in the workforce.
What is an aging workforce?
The Human Resources Information System (HRIS).
What is the most central use of technology in HRM?
Pay will be tied less to a person’s position or tenure in an organization and more or this.
What is the market value of his or her skills?
This is where the organization focuses on a few core competencies (e.g., designing and marketing of computers or copiers) and outsource everything else to a network of suppliers
What is a modular corporation?
This is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in cost, quality, and speed.
What is re-enginering?
The fastest growing workforce demographic.
What is hispanic and other minorities?
The Internet is the foundation for a new industrial means of conducting business.
What is e-commerce?
•A change in the paradigm of doing business from making a product to this.
What is providing a service?
A collection of activities that takes one or more kinds of input and creates an output that is of value to a customer.
What is a process?
5% increase in Gen X and Minillenials, 5% decrease in babyboomers, 5% decrease in US born workers.
What does 5% mean to changes in the workforce?
Rather than building or growing new capabilities organizations will likely do this.
What is outsource activities that are not core competencies of a firm?
Create an environment and an organizational culture that embraces, rather than resists, change.
What HR Managers are required to do throughout organizational change or reengineering?