9.What is the balanced scorecard? Identify the four perspectives included in the balanced scorecard. How can HRM practices influence the four perspectives? 10.Is HRM becoming more strategic? Explain your answer.Technology is allowing the typical HRM to steer away from everyday tasks to focus moreon the strategic side. Self-service, empowerment, and outsourcing are also increasing strategic roles. There is an increase in managers in charge of human resource function being included on high-level committees that are shaping the strategic direction of the company. 11.What is sustainability? How can it HR activities help a company become more socially and environmentally conscious? 12. Explain the implications of each of the following labor force trends for HRM: (1) aging workforce, (2) diverse workforce, (3) skill deficiencies. The aging workforce means that employees will increasingly face issues such as career paltering, retirement planning, and retraining to avoid skill obsolescence. High healthcare costs will also be a struggle with the aging employees. The diverse composition of the workforce challenges HRM to ensure that the talents and skills of all employees are fully utilized for the good of the organization. Immigration is an important factor contributing to the changing workforce. HRM need to be aware of the positive and negative aspects of immigration. Projections show that the supply of entry-level labor will not have the education and skills to meet basic job demands. Individuals will have low reading, writing, and impersonal skills.
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- Fall '16
- Farah Nabilla