Managing Employees for Competitive Advantage Flashcards

What do you know about managing employees for competitive advantage? Every business desires to be a step ahead of its competition, and using their employees to gain that advantage is not uncommon. Read through the flashcards below and get to see just how well you can use your employees to your advantage and take the quiz to see if you understand them all!

16 cards   |   Total Attempts: 183
  

Cards In This Set

Front Back
Globalization
The blurring of country boundaries in business activities.
Line manager
The individuals who are responsible for supervising and directing the efforts of a group of employees to perform tasks that are directly related to the creation and delivery of a company's products or services.
Competencies
The knowledge, skills, abilities, and other talents that employees posses.
HR challenges
Challenges that managers must consider in the management of emplyees that relate to 1) organizational demands, 2) environmental influences, and 3) regulatory issues
Organizational culture
The set of underlying values and beliefs that emplyees of a company share.
Competitive advantage
A company's ability to create more economic value than its competitors.
HR department
A support function within companies that serves a vital role in designing and implementing company policies for managing employees.
Organizational demands
The factors within a firm that affect decisions regarding how to manage employees.
Employees
The individuals who work for a company
Primary human resource activities
The strategy management of employees centers around three categories of HR activities 1) work design and workforce planning 2) managing employee competencies and 3) managing employee attitudes and behaviors.
Environmental influences
The pressures that exist outside companies that managers must consider to strategically manage their employees.
Human resource practices
The practices that a company has put in place to manage employees
External alignment
The extent to which the three primary HR activities that a company uses help them meet their organizational demands, cope with environmental factors, and comply with regulatory issues.
Internal alignment
The extent to which specific practices used within each HR activity are consistent with one another as well as aligned across the primary HR activities.
Strategy
The company's plan for achieving a competitive advantage over its rivals.