HROB 2290 Chapter 1 Exam Questions and Answers 100% Pass

HROB 2290 Chapter 1 Exam Questions and Answers 100% Pass What is evidence based HRM - Answer- using the best available evidence in making decisions about the HRM practices that the company is focusing on Evidence can come from: - Answer- - actual measurements - existing data - research studies Traditional operational measures focus on - Answer- the amount of activity and the costs of the HR function Today's measures need to - Answer- reflect the quality of people and the effectiveness of HRM initiatives New measures provide - Answer- critical information that can be linked to organizational outcomes such as productivity, product or service quality, sales, market share, and profits What are the 3 main tools - Answer- - strategy map - hr scorecard - digital dashboard Strategy Map - Answer- - summarizes how each department's performance contributes to achieving the company's overall strategic goals - helps the manager and each employee visualize and understand the role their department plays in achieving the company's strategic plan - clarifies an employee's line of sight HR Scorecard - Answer- - translates an organization's strategy into a comprehensive set of performance measures - used to quantify the relationship between hr activities, behaviours, and firm wide outcomes - balances long and short term actions and measures of success - stems from the balances scorecard planning approach HR scorecard includes _____ that tell the results of action already taken - Answer- financial measures Digital Dashboard - Answer- presents the manager with desktop graphs and charts, showing a computerized picture of how the company is doing on all metrics from the HR scorecard process (a picture is worth a thousand words) External influences include - Answer- -labour market issues - economic conditions