Aligning Human Resources and Business Strategy - download pdf or read online

By Linda Holbeche

ISBN-10: 0080941427

ISBN-13: 9780080941424

ISBN-10: 0750680172

ISBN-13: 9780750680172

A bland booklet with little of curiosity, except you're employed for a central authority division in a third-world nation. Reads like an educational treatise from a second-year scholar in 1990.

The principles are trite and shortage substance. for instance, "dealing with negative functionality" is mentioned in one paragraph. "Long time period incentives and proportion ownership", too, is glossed over in a micro-paragraph approximately traits with nary a connection with shareholder worth and rewards.

This booklet is a wonderful instance of the lead-lag chasm among American HR practices and Europe's archaic thinking.

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In the Bain and Co. survey too, executives are recognizing the importance of ‘soft issues’, with nine out of ten executives agreeing that they are also looking beyond cost-cutting to be successful, and that ‘culture is as important as strategy for business success’. Our increasing awareness of global interdependence is also driving concerns about some of the environmental challenges which can appear beyond ready control, such as climate change and increasing numbers of pandemics. Add to that social, economic and political trends such as the fluctuating price of energy, political turmoil in the oil-rich regions, the personal and national consequences of global politics and extremism – these are all driving perceptions of a less secure and stable world.

However, I also considered that universal ‘best practice’ can inform local circumstances. Indeed, many measurement frameworks and competency-based standards, such as Investors in People frameworks or CMI Management competencies, assume a universal set of approaches that represent best practice on people management and development, regardless of context. Similarly, benchmarking processes derived from best practice can help organizations recognize choices in the way they address key issues. The danger of HR strategies built on ‘best practice’ is that they can seem ‘ivory tower’ and idealistic.

Academy of Management Journal, 38, No. E. S. (1997) Technical and strategic HRM effectiveness as determinants of firm performance. Academy of Management Journal, 40, No. 1, 171–188 Lawler, E. (2006) Achieving Strategic Excellence: An Assessment of Human Resource Organizations. Palo Alto, CA: Stanford University Press Pfeffer, J. (1995) Competitive-Advantage-through-People: Unleashing the Power of the Work-Force. Cambridge, MA: Harvard Business School Press Pfeffer, J. (1998) The Human Equation.

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Aligning Human Resources and Business Strategy by Linda Holbeche


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