HR Management Chapter 3 and 4 Exam

The process by which managers design the components of a HRM system to be consistent with each other, with other elements of organizational architecture, and with the organization's strategy and goals

• Strategic HR Management

• Digital Dashboard

• strategy based metrics

• strategic management

presents the manager with desktop graphs and charts , and so a computerized picture of where the company stands on all the metrics from the hr scorecard process

• digital dashboard

• corporate strategy

• Mission statement

• competitive advantage

an organizational strategy for how an organization will compete in its business(es)

• strategic plan

• vision statement

• competitive strategy

• competitive advantage

A strategy that determines the means for utilizing resources in the various functional areas to reach the organization's goals

• Corporate Strategy

• Mission Statement

• Strategic Management

• Functional Strategy

an advantage over competitors gained by offering greater customer value, either by having lower prices or providing more benefits that justify higher prices

• strategic management

• competitive advantage

• Human Resource Metrics

• corporate strategy

metrics that specifically focus on measuring the activities that contribute to achieving a company's strategic aims

• strategy based metrics

• strategic management

• corporate strategy

• functional strategy

a strategic planning tool that shows the big picture of how each departments performance contributes to achieving the companys overall strategic goals

• Human Resource Strategy Map

• corporate strategy

• Hr Metrics

• competitive advantage

a statement of the organization's purpose - what it wants to accomplish in the larger environment

• HR scorecard

• functional strategy

• mission statement

• corporate strategy

a process that involves managers from all parts of the organization in the formulation and the implementation of strategies and strategic goals

• Strategic HR Management

• strategy based metrics

• strategic management

• corporate strategy

strategy by which managers in specific areas decide how best to achieve corporate goals through productivity

• corporate strategy

• functional strategy

• mission statement

• strategy based metrics