Essay About  Decline And Best Practice

Hrm Strategy
 Decline in traditional industries with high
demands for manual labour, while service
and information processing industries
grow.
Emerging ‘knowledge workers likely to
have confidence, knowledge and labour
market power to pursue their interests
individually.
Companies tailor individual incentives to
respond to this trend.
 Associated with W. Edwards Demming.
 Employee involvement in all quality
processes rather than quality inspection.
 Requires a radically different approach to
employee management.
 Personnel specialists had suffered from a low
status relative to accountants and marketers,
because of its historic welfare and
operational origins.
 Promoting the strategic significance of HRM
has given HR Managers the opportunity to
raise their status through developing HR
strategies which link with corporate
strategies.
12/08/2011
 There are two broad approaches to linking HRM
to strategy
 One approach advocates ‘best practice or
‘universalism and argues that firms will be
better off if they adopt best practices in the way
they y organise work and manage people,
irrespective of the specific business