HRM 3430 Study Guide - Final Guide: Debt Management Plan, Job Sharing, Elitism

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

5 management development methods; promote, rotate, special assignments, t&d, mentoring. Succession management = ensuring that pools of skilled employees are trained & available to meet strategic goals. ^part of talent management & focuses on ceos, senior management, critical roles for long-term. ^evolution from replacement planning to succession management: broadening the focus, expanding time horizons, creating a talent pool, improved evaluation system. Management = ensures continuity in leadership, org. prepare for (un)expected turnover, new generations are aware, focused & trained making the org. more effective. Management: opportunities for high-potential workers, id replacement needs, ppl realize their career plans (expose, train, mentor), improve morale, cope with downsizing, reduce to only essential workers. 2)id skills & competencies needed for strategic goals the job. Use environmental scanning, predict where org. will be in 3 5 10yrs. Job based approach = looks at responsibilities, skills & experience to do. Competency based approach = focus on measurable traits that separate (un)successful employees.