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The Future of Human Resources Management Jeopardy
Citation preview
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Human Human Capital Capital
MythologyMythology
Accounting, Accounting, Management, Management, Bottom LineBottom Line
Dual Theory Dual Theory of HRof HR
Decision Decision Science Science
ParadigmParadigm
Lessons Lessons from from
MoneyballMoneyball
What is…?
Human Capital Mythology for $100
People chosen under this method perform
better and stay longer than traditional process
hires
Back to
Game$100
Decision Science Method
What is…?
Human Capital Mythology $200
Theory by Douglass McGregor claims
people are lazy and unwilling to
contribute at their jobs and are only motivated by a
paycheck
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Game
$200
Theory X
What is…?
Human Capital Mythology for $300
Three assessment variable tools that
measure experience, preference, and
potential
Back to
Game$300
Job Performance Assessment
Tool
What is…?
Human Capital Mythology for $400
Experience, preference, and
potential are variables used as
assessment tools in decision science and
predict this…
Back to
Game$400
Job Performance
What is…?
Human Capital Mythology for $500
Most important driver of organization performance
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Game
$500
Culture
What is…?
Accounting, Management, and Bottom Line for $100
Accounting for people as
organizational resources
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Game
$100
Human Resources Accounting
What is…?
Accounting, Management, and Bottom Line for $200
Costs, Replacement costs, and
economic value
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Game
$200
HR Components
What is…?
Accounting, Management, and Bottom Line $300
Theory stating the value of an individual’s
potential, expected organizational
membership, and expected realizable
value are equal
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Game
$300
Human Resource Value
Theory
What is…?
Accounting, Management, and Bottom Line for $400
Represents the value that an organization
expects to derive, given the possibility of
turnover
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Game
$400
ERV (Expected Realizable
Value)
What is…?
Accounting, Management, and Bottom Line for $500
Notion that offers a potential tool to make investments in human capital on the basis of expected returns on
investment
Back to
Game
$500
Human Resource Management
What is a…?
Lessons from Moneyball for $100
The relationship between human
capital and performance drivers in
your organization
Back to
Game
$100
Strategic Performance Measurement
What is…?
Lessons from Moneyball for $200
Business logic drives measurement,
thinking in terms of casual
relationships, new modes of analysis What is…?
Back to
Game
$daily double
Three lessons regarding
analytical literacy offered by
"Money Ball"
What is…?
Lessons from Moneyball for $300
Bestselling book that highlights how the
Oakland A's became one of the most successful
baseball franchises despite having one of the smallest payrolls
Back to
Game
$300
Money Ball
What is…?
Lessons from Moneyball for $400
Process that gives HR professionals the
competency to recognize the appropriate
measures, and the appropriate analyses for the strategic questions
confronting them.
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Game
$400
Analytical Literacy
What is…?
Lessons from Moneyball for $500
In either of these books the authors, Huselid
and Becker, argue that HR professionals require a much
different perspective on their strategic role.
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Game
$500
The HR Scorecard
orThe Workforce
Scorecard
What is…?
Dual Theory of HR for $100
Theory that considers both the core
workforce as well as the
peripheral workforce
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Game
$100
Dual Theory of HRM and Business
Performance
What is…?
Dual Theory of HR for $200
How expenditures on the peripheral
workforce should be treated accounting-
wise
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Game
$200
As an expense
What is…?
Dual Theory of HR for $300
The two practices which serve as
building blocks for a dual theory of HRM
and business performance
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Game
$300
High Involvement HRM and
Low Involvement HRM
What is…?
Dual Theory of HR for $400
A business’s workforce
comprises these two distinct segments
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Game
$400
Core and Periphery
What is…?
Dual Theory of HR for $500Consists of part-time, temporary, contract,
and outsourced employees who are
generally paid a fixed wage, salary, or lump sum are usually not covered by fringe
benefits and have little or no training opportunities.
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Game
$500
Peripheral Workforce
What is…?
Decision Science Paradigm for $100
“Development that meets the needs of the
present without compromising the ability of future generations to meet their own needs.”
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Game
$100
Sustainability
What is…?
Decision Science Paradigm for $200
The professional practice of sales goes back to ancient times, but the
decision science of marketing emerged during this century?
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Game
$200
20th Century
What is…?
Decision Science Paradigm for $300
Model created by Boudreau and Ramstad based on three anchor
points: impact, effectiveness, and
efficiency
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Game
$300
HC Bridge Decision
Framework
What is…?
Decision Science Paradigm for $400
Strategy that focuses on “decisions that
improve the stewardship of the
hidden and apparent talents of
employees.”
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Game
$400
Talentship
What is…?
Decision Science Paradigm for $500
Talent pool where human capital makes the biggest
difference to strategic success.
Back to
Game
$500
Pivotal Talent Pool