HRM 1101 Lecture Notes - Lecture 7: Resource Allocation
3 May 2018
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• Factors to Mitigate & Aggravate
o Mitigating Factors: (will decrease the fine)
▪ Having an effective program to prevent and detect violations of the law
▪ Self-reporting, cooperating, accepting responsibility for criminal conduct
o Aggravating Factors: (will increase the fine)
▪ Size of the organization plus degree of participation, tolerance, or
disregard for riial odut y high-level persoel
▪ Prior civil and criminal history
▪ Obstructing or impeding (or attempting to) during the investigation or
prosecution
o Kinds of Plans
▪ Single-Use Plans:
• Developed to achieve a set of goals that are unlikely to be
repeated in the future
▪ Standing Plans:
• On-going plans that guide tasks that are performed repeatedly
within an organization
▪ Contingency Plans:
• Special plans to handle emergencies, setbacks, or other conditions
outside of the norm
▪ Plans Drive High Performance
• Start with a strong missions and vision
• Set stretch goals for excellence
• Create a culture that encourages learning
• Understand that planning still begins and ends at the top of the
organization
o SMART Goals
▪ S - Specific
▪ M - Measurable
▪ A - Attainable
▪ R - Relevant
▪ T - Time based
o Purposes of Goals and Plans
▪ Legitimacy/mission statement
▪ Source of motivation and commitment
▪ Rationale for decisions
▪ Guides to action
▪ Resource allocation
▪ Standard of performance
• Chain of Command
o Unbroken line of authority that links all persons in an organization and shows
who reports to whom.
• What are the Traditional and Important Concepts Related to Organizational Structure?
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