Strategic Human Asset Management: Evidence from North America
MetadataShow full item record
Purpose – Human resource management (HRM) theory has transitioned in recent decades towards “human capital” and “human assets” frameworks that emphasize strategic choice and “investment”, which are concepts borrowed from strategic management, accounting and economic theories. This paper aims to explore the perspectives of strategic human asset management theory, which involves strategic agility and knowledge management.Design/methodology/approach – The research was based on semi-structured interviews with 30 senior executives of multinational firms in Canada and the USA in 2009, following the global financial crisis. The qualitative findings were analyzed using the NVivo software (version 8) package.Findings – The research findings suggest that many North American multinational firms recognize the value of this new interpretation of HRM and are attempting to implement it through “strategic human asset management” in their own firms. The paper concludes with some practical recommendations for line managers and HR professionals in their human assets management imperatives.Research limitations/implications – The generalizability of the findings is limited by the relatively small sample size and qualitative nature of the study. However, they provide some interesting implications for HR professionals who wish to transform their role into that of a strategic business partner through innovative human asset management strategies.Originality/value – The paper builds on previous research by exploring the applications of the concepts of strategic human asset management, strategic agility, and knowledge management within the context of US and Canadian multinational firms.Strategic human asset management, Human resource management, Strategic managementPaper type Research paper
Showing items related by title, author, creator and subject.
Ananthram, Subra; Nankervis, Alan; Chan, C. (2013)Purpose – Human resource management (HRM) theory has transitioned in recent decades towards “human capital” and “human assets” frameworks that emphasize strategic choice and “investment”, which are concepts borrowed from ...
Galbreath, Jeremy Thomas (2004)The resource-based view of the firm (RBV) is one the most important areas of research content to emerge in the field of strategic management in the last 15 years. The RBV is prescriptive. That is, the RBV prescribes that ...
Impact of knowledge management and inter-organizational system on supply chain performance : the case of Australian agri-food industryNasir Uddin, Mohammad (2010)Motivated by the problems of cost competitiveness, profitability and market development issues in the Australian agri-food industry, this study was designed to addresses research questions as to how levels of knowledge ...