Despite much debate in the strategy literatures, there is little consensus as to whether organizational capabilities or market competition are more important in shaping firms' actions and performance. We suspect that simply comparing firm-level and industry-level influences will continue to prove fr
The effect of business strategies and HRM policies on organizational performance: The Greek experience
β Scribed by Anastasia A. Katou; Pawan S. Budhwar
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 2008
- Tongue
- English
- Weight
- 157 KB
- Volume
- 27
- Category
- Article
- ISSN
- 1932-2054
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β¦ Synopsis
Abstract
This article investigates the relationship between simultaneity in decisions regarding business strategies and human resource management (HRM) policies and their impact on organizational performance. The research is based on a sample of 178 organizations operating in the Greek manufacturing sector. The results of this study support the hypothesis that when business strategies and HRM policies are developed simultaneously, they positively affect organizational performance. This is more valid for decisions taken simultaneously with respect to quality and employee development, innovation and employee rewards and relations, and cost and employee resourcing. Β© 2008 Wiley Periodicals, Inc.
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