Human resource management: practices assessing added value.
In order to get management to listen and to gain credibility, HR managers would do well to document the added value of HR investments and their impact on firm performance. Highlighting the contribution of HR practices requires us to answer two core questions: What is the added value of investing...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Springer
2020
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| Subjects: | |
| Online Access: | http://dspace.uniten.edu.my/jspui/handle/123456789/15698 |
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| Summary: | In order to get management to listen and to gain credibility, HR managers would
do well to document the added value of HR investments and their impact on firm
performance. Highlighting the contribution of HR practices requires us to
answer two core questions: What is the added value of investing in HR functions
and practices? How can the added value created by HR functions and practices
be assessed?
In order to address these central questions, a broad overview of a four-stepapproach
(ORMM-approach) is given that structures the process of determining
the added value of HRM: Based on a definition of outcome variables (O),
research/theory-based cause-and-effect-relationships (R) between antecedents
and outcome variables need to be modeled. Finally, the added value needs to
be assessed by using adequate measures (M) and to be managed (M). Moreover,
in view of the broadly discussed theory-practice-gap, it is shown how this edited
volume supports both researchers and practitioners in their work by giving an
overview of the contributions in this edited book. |
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