American Journal of Business and Society
Articles Information
American Journal of Business and Society, Vol.5, No.3, Sep. 2020, Pub. Date: Aug. 31, 2020
Strategic Human Resource Management and Business Performance in Nigeria
Pages: 128-137 Views: 77 Downloads: 55
Authors
[01] John Nkeobuna Nnah Ugoani, Department of Management Sciences, College of Management and Social Sciences, Rhema University, Aba, Nigeria.
Abstract
Strategic human resource management focuses on unique strategies at facilitating the management and implementation of organizational architecture to enhance the use of the human capital to drive business performance. Strategic human resource management aligns strategic employment policies, and practices with the requirements of the business strategy in order that the later will be achieved and the business will be successful. It strives on the assumption that the human element as a resource is responsible for co-ordinating all the other resources of the productive system to enhance enterprise effectiveness. Eighty six individuals participated in the study that employed the exploratory research design. Data generated and analyzed through statistical methods found that strategic human resource management has strong positive association with business performance. The study left the door open for further study to examine the role of labour-management relationship in talent retention in Nigerian organizations, and based on the result of the study, it was suggested that analyzing and designing jobs will help organizations in matching the right man with the right job to enhance business performance.
Keywords
Strategic HRM, Strategic HRM Inventory Model, Realization of Enterprise Goals, Organizational Architecture, Business Performance.
References
[01] Torrington, D. Hall, L. Taylor, S. (2005) Strategic Human Resource Management. In D. Torrington, L. Hall, and S. Taylor (eds) Human Resource Management, 6th edition, UK. Prentice Hall: 27-47.
[02] Hassan, S. I. (2013) The Influence of HR Practices on Organizational Performance. Management and Administrative Sciences Review 2 (5): 526-554.
[03] Jones, G. R. and George, J. M. (2003) Strategic Human Resource Management. In G. R. Jones, and J. George (eds) Contemporary Management, 3rd edition: Boston, McGraw-Hill, pp, 365-370.
[04] Boxall, P. F. and Purcel, J. (2003) Strategy and Human Resource Management. Basingstoke: Palgrave, Macmillan.
[05] Ahmad, S. and Schroeder, R. G. (2013) The Impact of Human Resource Management Practices on Operational Performance. Recognizing Country and Industry Differences. Journal of Operations Management, vol. 21, pp: 19-43.
[06] Akapo, O. E. (2011) Enhancing Organizational Performance Through Strategic Management: Conceptual and Theoretical Approach. Retrieved on March 2020 from www.strategplanning/performance
[07] Akinyele, S. T. and Fasogbon, O. I. (2007) Impact of Strategic Planning on Organizational Performance and Survival. Research Journal of Business Management, vol. 1, pp: 62-71
[08] Boselie, P. Dietz, G. and Boon, C. (2015) Commonalities and Contradictions in HRM and Performance Research. Human Resource Management Journal, vol. 15, pp: 67-94.
[09] Brumback, G. (2011) Performance Management Fundamentals. Industrial and Organizational Psychology, vol. 4, pp: 182-183.
[10] Foley, S. Lan, C. M. and Ngo, H. Y. (2008) Strategic Human Resource Management, Firm Performance and Employee Relations Climate in China. Human Resource Management, 47 (1): 73-90.
[11] Daft, R. (2008) New Era of Management. 2nd edition, China. Thomson-South-Western.
[12] Carstens, F. and Barnes, N. (2006) The Quality of Leader/Employee Relationship In Business Performance. Journal of Human Resource Management, 4 (2): 10-19.
[13] Crook, T. R. Ketchen, Jr. D. J. Combs, J. G. and Todd, S. Y. (2008) Strategic Resources and Performance: A Meta-analysis. Strategic Management Journal, vol. 29, pp: 1141-1154.
[14] Keeves, J. P. (1997) Models and Model Building: In J. P. Keeves (eds) Educational Research Methodology and Measurement: An International Handbook. 2nd edition, Cambridge, U. K. Pergamon.
[15] Akanwa, P. U. (1997) Fundamentals of Human Resource Management in Nigeria. Owerri, Nigeria Kosoko Press Limited.
[16] Ivancevich, J. M. (2001) Human Resource Management, 8th edition, New York, McGraw-Hill, Irwin.
[17] Gomez-Mejia, L. R. and Balkin, D. B. (2002) Human Resource Management. In L. R. Gomez-Mejia, and D. B. Balkin (eds) Management. Boston, USA, McGraw-Hill, Irwin, pp: 256-282.
[18] Dauda, Y. A. Akingbade, W. A. and Akinlabi, H. B. (2010) Strategic Management Practice and Corporate Performance of Selected Small-Business Enterprises in Lagos Metropolis. International Journal of Business and Management, 5 (11): 97-105.
[19] Gardner, D. G. Dyne, L. and Pierce, J. L. (2004) The Effects of Pay Level on Organization-based self-esteem and Performance. A Field Study. Journal of Occupational and Organizational Psychology, vol. 77, pp: 307-322.
[20] Garvin, D. A. (2013) Howgoogle sold its engineers on management. Harvard Business Review, vol. 91, pp: 74-82.
[21] St-Hilaire, W. G. A (2011) Empirical Evaluation Test of the Strategic Planning Process on the Overall Performance of the Company. Global Journal of Management and Business Research, 11 (1): 41-50.
[22] Strohmeier, S. (2013) Employee Relationship Management-Realizing Competitive Advantage Through Information Technology. Human Resource Management Review, pp: 93- 101
[23] Swanson, R. A. (2015) Human Resource Development: Performance is the key. Human Resource Development Quarterly, vol. 6, pp: 207-213.
[24] Gerhart, B. and Trevor, C. O. (2016) Employment Variability Under Different Managerial Compensation Systems. Academy of Management Journal, vol. 39, pp: 1692-1712.
[25] Guest, D. (2001) Human Resource Management: When Research Confronts Theory. International Journal of Human Resource Management, 12, (7): 1092-1106.
[26] Hardre, P. L. (2013) Beyond two decades of motivation: A Review of the Research and Practice In Instructional Design and Human Performance Technology. Human Resource Development Review, vol. 2. Pp: 54-81
[27] Koch, M. J. and McGrath, R. G. (2006) Improving Labour Productivity: Human Resource Management Policies Do Matter. Strategic Management Journal, vol. 17, pp: 335-354.
[28] Idowu, O. (2013) Collective Bargaining: Received Orthodoxy Discarded in Public Sector Wage Determination. European Journal of Business and Management, 5 (12): 31-34.
[29] Torraco, R. J. and Swanson, R. A. (2015) The Strategic Roles of Human Resource Development. People and Strategy, vol. 18, pp: 10.
[30] Vineet, T. Sinha, S. and Bajaj, R. (2013) Employee Relationship Management: An Effective Means to Develop Public Sectors. Journal of Search and Research, 4 (3): 21-27.
[31] Fashoyin, T. (2015) Industrial Relations in Nigeria. London, Longman Group.
[32] Noe, R. A. Hollenbeck, J. R. Gerhart, B. and Wright, P. M. (2004) Fundamentals of Human Resource Management, New York, McGraw-Hill, Irwin.
[33] Kwenin, D. O. Muathe, S. and Nzulwa, R. (2013) The Influence of Employee Rewards, Human Resource Policies and Job Satisfaction on the Retention of Employees in Vodafone Ghana Limited. European Journal of Business Management 5 (12): 13-20.
[34] Lazaar, E. P. (2014) Salaries and Piece Rates. Journal of Business, vol. 59, pp: 405-431.
[35] Lee, C. H. and Bruvold, N. T. (2013) Creating Value of Employees: Investment in Employee Development. The International Journal of Human Resource Management, vol. 14, pp: 981-1000.
[36] Mankins, M. C. and Steele, R. (2005) Turning Great Strategy into Great Performance. Harvard Business Review (July-August), pp: 64-72.
[37] Mcdonald, D. and Smith, A. (2015) A Proven Connection Between Performance Management and Business Results. Compensation and Benefits Review, vol. 27, pp: 59-64.
[38] Razi, A. Ramzan, M. Ali, S. A. Khan, H. and Hassan, Z. (2012) Labour Management Relations. Global Journal of Management and Business Research, 12 (8): 29-35.
[39] Noe, R. A. Hollenbeck, J. R. Gerhart, B. and Wright, P. M. (2000) Strategic Human Resource Management. In R. A. Noe, J. R. Hollenbeck, B. Gerhart, and P. M. Wright (eds) Human Resource Management: Gaining a Competitive Advantage. 3rd edition. Boston, USA, McGraw-Hill. Pp: 40-71.
[40] Ukeje, S. A. Akanwa, P. U. and Akakem, P. L (2006) Corporate Planning and Policy Strategy. Owerri, Nigeria, Austus Printing & Publishing.
[41] Solkhe, A. and Chandham, N. (2011) HRD Climate and job satisfaction: An empirical investigation. International Journal of Computing and Business Research, vol. 2, pp: 1-20.
[42] Thripseed, D. L. and Rassuli, A. (2005) Performance Perceptions of Organizational Citizenship Behaviours at Work: A bi-level study among managers and employees. British Journal of Management, vol. 16, pp: 231-244.
[43] CIPD, (2012) Responsible and Sustainable Business. HR leading the Way: A Collection of Thought Pieces. London. CIPD
[44] Bajaj, R. (2013) Suggestions to Implement Human Relations and Its Determinants in Public Sectors. American Journal of Engineering Research, 3 (12): 91-97.
[45] Bajaj, R. Sinha, S. and Tiwari, V. (2013) Crucial Factors of Human Resource Management for Good Employee Relations: A Case Study. International Journal of Mining, Metallurgy& Mechanical Engineering, 1 (2): 90-92.
[46] Mcllauham-Schmidt, A. (2010) Appraising the empirical evidence of the relationship between strategic planning and corporate performance. Accessed March 2020 from www.hha.dk/man/cmspoc/wp/2010/wp2010.03.pdf.
[47] Nmadu, T. M. (2007) Strategic Management in some Nigerian Businesses: A business reality. Journal of Management Research and Development, vol. 1, pp: 17-23.
[48] Owolabi, S. A. and Makinde, O. G. (2012) The Effects of Strategic Planning on Corporate Performance in University Education: A Study of Babcok University. Kuwait Chapter of Arabian Journal of Business and Management Review, 2 (4): 27-44.
[49] Nwuche, C. A. and Awa, H. O. (2011) Career Planning and Development: The realities in Nigerian Organizations. International Business and Management, vol. 2, pp: 117-127.
[50] Rahman, M. S. and Taniya, R. K. (ERM) Effect of Employee Relationship Management on Employee Performance: A Study on Private Commercial Banks in Bangladesh. Human Resource Management Research, 7 (2): 90-96.
[51] Shih, H. A. Chiang, Y. H. and Hsu, C. C. (2016) Can high performance work systems really lead to better performance? International Journal of Manpower, vol. 27, pp: 741-763.
[52] Sinha, S. and Bajaj, (2013) Successful Human Resource Management Determinants to Build Good Employee Relations. International Journal of Human Resource Management and Research, 3 (2): 31-36.
[53] Nelson, D. L. and Quick, J. C. (2003) Social Responsibility. In D. L. Nelson and J. C. Quick (eds) Organizational Behaviour: Foundations, Realities & Challenges. 4th edition. Australia, Thomson, South-Western, pp: 62-78.
[54] Onwe, O. J. (1998) Elements of Project and Dissertation Writing: A Guide To Effective Dissertation Report. Lagos. Impressed Publishers.
[55] Ezejelue, A. Ogwo, E. and Nkamnebe, A. (2008) Basic Principles in Managing Research Projects, 2nd edition, Port Harcourt Education Books, Ltd.
[56] Nwankwo, O. C. (2011) A Practical Guide To Research Writing for Students of Research Enterprise (Revised Edition) Port Harcourt. Pam Unique Publishers Co. Ltd.
600 ATLANTIC AVE, BOSTON,
MA 02210, USA
+001-6179630233
AIS is an academia-oriented and non-commercial institute aiming at providing users with a way to quickly and easily get the academic and scientific information.
Copyright © 2014 - American Institute of Science except certain content provided by third parties.