What does Evidence Based Decision Making (EBDM) focus on?
Using evidence available rather than gut feeling, intuition, or instinct.
EBDM involves a systematic process of identifying problems, gathering internal and external evidence, considering stakeholder views, and critically appraising data before making decisions.
What is the first step in the EBDM process?
Identify the problem or opportunity.
This step sets the stage for all subsequent actions in the EBDM framework.
What does Reactance Theory describe?
How people respond when they perceive their freedom or autonomy is being threatened or restricted.
What is Hofstede’s Theory of Indulgence vs. Restraint?
The degree to which countries and companies have a need for immediate gratification versus suppressing gratification according to cultural standards.
Define Operant Conditioning.
Consequences of a particular behavior affect the future occurrence of that behavior.
What is the difference between negative reinforcement and punishment?
Negative reinforcement strengthens a behavior by stopping or avoiding a negative condition, while punishment weakens a behavior due to experiencing a negative condition.
What is McClelland’s Achievement Need Theory?
A theory that emphasizes goal setting and employee participation in setting goals for rewards.
What does Vroom’s Expectancy Theory state?
The better I do, the better treatment I should receive.
What is Bloom’s Taxonomy?
A hierarchical ordering of cognitive skills from knowledge to evaluation.
What is the purpose of a code of ethics?
To establish and communicate expected standards of behavior for a company and its employees.
What is the difference between a code of ethics and a code of conduct?
A code of ethics establishes principles, while a code of conduct translates these principles into specific rules and guidelines.
What are the steps included in the Corporate Social Responsibility (CSR) process?
These steps ensure that a company’s CSR initiatives are structured and effective.
What is operational risk?
An example is embezzlement of funds.
What are two common HR business alignment strategies?
What occurs during a divestiture?
A business disposes of a business unit.
What is an equity partnership?
An individual or group invests funds for a start-up organization.
What are the emergency response steps?
What is unit demand in workforce planning?
It looks at the number of individuals needed for a department and forecasts headcount based on projected skills.
What does turnover forecasting estimate?
The number of employees expected to leave the organization.
What is the first step in strategic workforce planning?
Identify business objectives.
What is a gap analysis?
Determining the gaps between the current workforce and the workforce needed to achieve business objectives.
What is a risk scorecard?
A tool that identifies an event or threat, factoring in probability, speed of onset, existing mitigation, and severity of impact.
What is the purpose of a balanced scorecard (BSC)?
To realize a balance between financial and nonfinancial indicators of success.
What is the primary focus during the maturity stage of the Organizational Life Cycle?
Career planning and learning & development (L&D).