Mind Map Gallery HRM Environment Interactions with Business Ecosystems

HRM Environment Interactions with Business Ecosystems

This comprehensive mind map provides an intricate view of the Human Resource Management (HRM) environment, illustrating its influence and interaction with both internal and external business ecosystems. It covers a range of factors from organizational culture and mission to economic cycles and socio-cultural influences that affect HR policies. The diagram highlights the foundational elements of the business environment, such as the economy, technology, and governmental agencies, while also addressing modern challenges like intellectual economy and e-commerce. This visualization is an invaluable resource for understanding the multifaceted nature of HRM and strategic business planning.

Edited at 2022-10-10 16:05:31

Ngan To Bao

HRM Environment Interactions with Business Ecosystems

Ngan To Bao

Recommended to you
Outline

HRM Environment

Foundation of Business Environment

External environment

General environment

Economic ForcesTechnological ForcesSociological ForcesDemographic ForcesPolitical and Legal ForcesGlobal Forces

Task environment

SuppliersDistributorsCustomersCompetitors

Internal environment

Organizational cultureMission & VisionStrategyInternal stakeholdersLabor relations...

Environment in HRM

Systematic view on HRM

– Enterprise is a system and HRM is a series of activities in that system. – Enterprise is an open system: HRM and other activities: influencing each other and be influenced by environment.

External Environment

Economy

– Economic cycle (Growth/Decline): competition for labor: ⇒ number and skills of employees ⇒ the pay related to the occupation – Intellectual economy

Population and Labors

– High population => cheap labor – Surplus of high-educated labors and shortage of skilled workers – Brain drain – Increasing number of women labors and aged labors

Laws

– Labor law (1995): strike,...– The foundation for the U.S. legal system is set forth in the U.S. Constitution. The Constitution established three major governing bodies: the legislative, executive, and judicial branches.

Equal employment opportunity (EEO) refers to the government’s attempt to ensure that all individuals have an equal chance for employment, regardless of race, color, religion, sex, age, disability, or national origin.

Socio-cultural forces

– Cultural norms – Different cultures in workforces – Changing in learning culture from passively to actively

Competitors

– Competition for HR – “the most valuable resource” – Competitive personnel policies: working environment, payment policies,

Technology

– Influencing training: at any time & any place – Sending and receiving information as well as locating and gathering information– Changing in skill requirements, work roles and resulting in redesigning work structure– New business model – “e-commerce”

Customers

– Define who are customers ⇒ Realize Responsibility of HRM

Governmental and Related agencies

– Departments of Labor – Invalids and Social Affairs – Labor union, Woman union, … – …

Internal Environment

Organizational culture influencing

– Employee performance – Employee satisfaction – Organizational effectiveness => How are organizational culture formed and developed? Organization cultures are created by a variety of factors, including founders' values and preferences, industry demands, and early values, goals, and assumptions. Culture is maintained through attraction-selection-attrition, new employee onboarding, leadership, and organizational reward systems.

Mission, Vision & Strategy

Forming human resource policies

Stakeholders management

Stakeholders = the various interest groups who have relationships with, and consequently, whose interests are tied to the organization (e.g., employees, suppliers, customers, shareholders, community).

Floating