HRM Practices that affect the Annovation process Dissertation

HRM Practices that affect the Annovation process - Dissertation Example For example, a study conducted by Laursen and Foss (2003) of 1,900 Dutch business organizations found that effective HRM practices not only had a positive influence on an organization’s financial performance, but also had a positive influence on a firm’s innovation. Researchers have generally taken two approaches to explaining how HRM practices have a positive influence on an organization’s overall performance: systems and strategic perspectives (Bowen & Ostroff, 2004). The systems approach to researching HRM practices and its link to organizational performance focuses on the impact of the cumulative value of HRM practices. The strategic perspective analyses how individual HRM practices impact firm performance. The underlying concept is the belief that HRM practices are designed to â€Å"develop employees’ skills, knowledge and motivation† so that â€Å"employees behave in ways that are instrumental to the implementation of a particular strategyâ⠂¬  (Bowen & Ostroff, 2004, pp. 203-204). ... Empirical research in the literature substantiates this assumption. (Joseph & Dai, 2009; Zeidan, 2006). Wang and Zang (2005) conducted a two-part study consisting of field study on HRM practices and its maim compartments among Chinese companies and partnerships and case studies on entrepreneurship frameworks from the perspective of strategic HRM practices. The research findings indicate that there is a positive link between strategic HRM practices and firm innovation (Wang & Zang, 2005). Businesses currently operate in an environment where knowledge continuously changes at a rapid rate. Thus, innovation is crucially important for building and sustaining an organization’s success and as a result, â€Å"the human capital of the organization is an issue of increasing importance† (Jorgensen, Becker & Matthews, 2009, p. 451). Essentially, strategic human resource management by definition is directly and indirectly linked to firm innovation. According to Sims (2007) strategic HRM is defined as: ...the linking of human resources with strategic goals and objectives in order to improve business performance and develop organizational culture that foster innovation and flexibility (p. 323). Armstrong (2011) argues that competitiveness in today’s market has placed firms under increasing pressure to adopt innovation as a key business model. Innovation models involve changes that organizations should implement to become and remain competitive and how they may improve organizational performance generally. These changes not only involve people, but also have an impact on people. Employees are engaged in both the planning and implementation phases of organizational change. Thus HRM is critical for perfecting an innovative business model, because HRM is

Past, Present, and Future Paper Essay Example | Topics and Well Written Essays - 1500 words

Past, Present, and Future Paper - Essay Example In general, my major motive behind learning of this particular course of drug abuse was to develop my career as a licensed substance abuse counselor and to serve community to promote healthy living habits among the people. I feel that learning is extremely important and must be continued in order to keep our skill sharp and inculcate creativity and innovation in ourselves. Before involving in pursing course in substance abuse, my professional competencies regarding various skills such as written and oral communication, problem solving, and cooperation with the other members were moderate. Notably, I had moderate communication skills both in written as well as oral forms. In my professional life I used to involve in evaluating technical data and apply my logical and analytical problem skills in resolving work related issues. At the same time, I enjoyed taking challenges, I believed that challenges encountered in life not only test our level of competency but it also prepares me to deal with challenges that might emanate in later life. Moreover, I had fair competency with respect to the information retrieval and utilization, I often used to read of books and journals on diverse subjects that had offered me with valuable knowledge regarding information retrieval and utilization. I firmly believe that goal setting is a crucial part of my career as well as personnel development planning. Considering my strengths and weaknesses my career goal is to become a license substance abuse counselor so that I can help the drug abuse victims and their family overcomes their sufferings. I always viewed drug abuse as one of the major problems faced by the societies across the world. Thus, it made me motivated to opt for the course and develop career that would not only benefit me but also the community. When I was working with a non-profit health