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1.

Acquisition: the purchase of one company by another

2. Attrition: the process of reducing an HR surplus by allowing the size of


the workforces to decline naturally because of the normal pattern of losses
associated with retirements, deaths, voluntary turnover etc.

3. Bankruptcy: a formal procedure in which an appointed trustee in a


bankruptcy takes possession of a business’s assets and disposes of them
in an orderly fashion

4. Basic personnel system: a bare bones HRMS approach incorporating


databases that may mix written records on file with other data elements
stored on a computer database.

5. Business strategy: plans to build a competitive focus in one line of


business

6. Competency: any knowledge, skill, trait, motive, attitude, value, or other


personal characteristics that is essential to perform the job and that
differentiates superior from solid performance.

7. Contamination: an error that occurs when unimportant or invalid


behaviours or attributes are incorporated in to a job description or
specification

8. Contingency plans: plans to be implemented when severe,


unanticipated changes to organizational or environmental factors
completely negate the usefulness of the existing HR forecasting
predictions or projections

9. Core competencies: characteristics that every member of an


organization, regard less of position function, or level of responsibility with
the organization, is expected to possess

10.Corporate strategy: organizational level decisions that focus on long


term survival

11.Deficiency: an error of omission when a job description or specification


fails to incorporate important aspects of the job required for success

12.Delphi technique: a carefully designed program of sequential, individual


interrogations interspersed with information feedback on the opinions
expressed by the other participants in previous rounds

13.Divestiture: the sale of removal of a business

14.Duty: several tasks which are related by some sequence of events. Eg.
Pick up, sort out, and deliver incoming mail
15.Efficiency: results achieved compared to resource inputs

16.Emergent strategy: the plan that changes incrementally due to


environmental changes

17.Employee requirement ratio: the relationship between the operational


index and the demand for labour

18.Envelope scenario: projections or multiple predictor estimates, of future


demand for personnel predicated on a variety of differing assumptions
about how future organizational events will unfold.

19.Envelope: an analogy in which one can easily visualize the corners of an


envelope containing the upper and lower limits or “bounds” of the various
HR projections extending in to the future.

20.Event based forecasting: forecasting concerned with changes in the


external environment.

21.External supply: potential employees who are currently undergoing


training or working for competitors, or who are members of unions or
professional associations, or currently are in a transitional stage between
jobs or unemployed.

22.Hiring freeze: a prohibition on all external recruiting activities

23.HR budgets: quantitative, operational or short run demand estimates


that contains the number and types of personnel required by the
organization as a whole and for each sub unit division or department.

24.HR deficit: occurs when demand for HR exceeds the current personnel
resources available in the organization’s workforce

25.HR forecasting: constitutes the heart of the HR planning process, and


can be defined as ascertaining the bet requirement for personnel by
determining the demand for and supply of human resources now and in
the future.

26.HR surplus: occurs when the internal workforce supply exceeds the
organization’s requirements or demand for personnel.

27.HRMS/HRIS: the integrated database system that is essential to permit


high-quality, informed HR planning decisions to be made

28.Human resource demand: the organization’s projected requirement for


human resources

29.Human resource supply: the source of workers to meet demand


requirements, obtained either internally (current members of the
organization’s workforce) or from external agencies
30.Integrated systems: systems that offer a variety of HR record and
decision-making functions

31.Intended strategy: the formulated plan

32.Internal supply: refers to current members of the organizational work


force who can be retrained, promoted, transferred, etc., to fill anticipated
future HR requirements

33.Job analysis: the analysis of subdivide work in the organization, both at


the level of the individual job and for the entire flow of the production
process. (it is the process of gathering information about job.)

34.Job code: it uses numbers, letters or both provided quick summary of a


job and its content

35.Job description: a written summary of tasks , duties and responsibilities


of job

36.Job design: a conscious effort to organize tasks, duties and


responsibilities in to a unit of work to achieve a certain objectives

37.Job enrichment: Adding more responsibilities, autonomy and control to a


job

38.Job evaluation: a systematic procedure for finding the relative worth of a


job.

39.Job requirement: a characteristic required of a worker to do a particular


job successfully.

40.Job rotation: moving employees horizontally and vertically to expand


their skills, knowledge or activities

41.Job sharing: occurs when two or more employees perform the duties of
one full time position, each sharing the work activities on a part time
basis.

42.Job specification: the emphasis is on identifying the competencies the


jobholder must possess to be a successful performer in the specified job.

43.Job:-a grouping of related duties, tasks, and behaviors performed by one


or more individuals, namely jobholders. E.g.. Technical assistants,
computer programmers

44.Linear programming: a complex mathematical procedure commonly


used for project analysis in engineering and business applications; it can
determine an optimum or best supply mix solution to minimize costs or
other constraints

45.Liquidation: the termination of a business and the sale of its assets


46.Management inventory: an individualized personnel record for
managerial, professional or technical personnel that includes all elements
in the skill inventory with the addition of information on specialized duties,
responsibilities, and accountabilities.

47.Markov model: a model that produces a series of matrices that detail


the various patterns of movement to and from the carious hobs In the
organization

48.Merger: two organizations combine resources and become one

49.Movement analysis: a technique used to analyze personnel supply,


specifically the chain or ripple effect that promotions or job losses have on
the movements of other personnel in an organization

50.Nominal group technique: long run forecasting technique utilizing


expert assessments

51.Positions: refers to the number of individuals who are performing the


duties, tasks, and behaviours required by a specific job

52.Prediction: a single numerical estimate of HR requirements associated


with a specific time horizon and set of assumptions

53.Process based forecasting: forecasting not focussed on a specific


internal organizational event but on the flow of sequencing of several work
activities.

54.Projection: incorporates several HR estimates based on a variety of


assumptions

55.Realized strategy: the implemented plan

56.Regression analysis: presupposes that a linear relationship exists


between one or more independent (causal) variables, which are predicted
to affect the dependent (target) variable in our instance, future HR
demand for personnel.

57.Ripple or chain effect: the effect caused when one promotion or


transfer in the organization causes several other personnel movements in
the organization as a series of subordinates are promoted to fill the
sequential openings

58.Role or specific competencies: characteristics shared by different


position within an organization. Only those members of an organization in
these positions are expected to possess these competencies.

59.Scenario: a proposed sequence of events with its own set of assumptions


and associated programme details.

60.Share holders: those who own shares of a company


61.Skill inventory: an individualized personnel record held on each
employee except those currently in management or professional positions

62.Specialist programs: programs tailored to servicing customer needs in


one or two narrowly defined areas.

63.Staffing or manning table: total HR demand requirement for


operational or short run time periods

64.Stake holders: groups of people who have vested interests in an


organization’s decisions

65.Strategy: the formulation of organizational missions, goals, objectives,


and action plans

66.Succession readiness codes: codes listed next to the manes of all


potential successors; contain two elements of information essential for
succession planning: 1, the employee’s level of performance in the current
hob and 2. The employee’s readiness for movement or promotion

67.Task: an identifiable work activity carried out for a specific purpose. Eg.
Typing a letter

68.Transaction based forecasting: forecasting that focuses on tracking


internal change instituted by the organizations managers

69.Trend analysis: the historical relationship between an operational index


and the number of employees required by the organization.

70.Turnaround strategy: an attempt to increase the viability of an


organization

71.Vacancy, renewal, sequencing model: analyzes flows of personnel


throughout the organization by examining inputs and out puts at each
hierarchical or compensation level

72.Succession management: the process of ensuring that pools of skilled


employees are trained and available to meet the strategic objectives of
the organization

73.Replacement planning: the process of finding replacement employees


for key managerial positions

74.Competencies: groups of related behaviours that are needed for


successful performance

75.Promotion: an employee’s upward advancement in the hierarchy of an


organization

76.Job rotations: a process whereby an employee’s upward advancement


in the hierarchy of an organization is achieved by lateral as well as vertical
moves
77.Mentors: executives who coach, advice and encourage junior employees

78.Downsizing: activities undertaken to improve organizational efficiency,


productivity, or competitiveness that affect the size of the firms workforce
the costs and the work processes

79.Downsizing strategies: strategies to improve an organizations


efficiency by reducing the workforce, redesigning the work, or changing
the systems of the organization

80.Workforce reduction: a short term strategy to cut the number of


employees through attrition early retirement or voluntary severance
packages and layoffs or terminations etc.

81.Work design: a medium term strategy in which organizations focus on


work processes and assess whether specific functions, products, and/or
services should be changed or eliminated

82.Systematic change: a long term strategy that changes the organizations


culture and attitudes and values of employees with the goal of reducing
costs and enhancing quality

83.In placement: reabsorbing excess or inappropriately placed workers into


a restructured organization

84.Outplacement: providing a program of counselling and job-search


assistance for workers who have been terminated.

85.Job insecurity: feeling of concern about the continuing existence of a job

86.Procedural justice: procedures or rules that determine which employees


will be downsized

87.Interactional justice: the interpersonal treatment employees receive


during the implementation of the downsizing decision

88.Distributive justice: the fairness of the downsizing decision

89.Psychological contract: an unwritten commitment between employers


and their employees that historically guaranteed job security and loyalty.

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