HUMAN RESOURCE

The Relationship Between An Organization's Human Resources Activites And Its Business Activities

The Relationship Between An Orgnization's Human Resources Activites And Its Business Activities

Overview

The relationship between the HR strategies and the firm's performance is an issue that has caused significant differentiations in the literature mostly because of the existence of many parameters that can influence the results produced through the examination of this problem in practice. Moreover, because within a firm, the participants and the interests are many it is difficult to identify the role and the significance of each particular organizational element particularly when there is no specific corporate plan for such an investigation.

Research Problem

The human resources strategies followed by modern organizations present significant differentiations in accordance with the firm's position in the market, its performance and its financial strength in general. In the long term, the application of specific human resources strategies has been found to be related with the performance of the organization. Moreover, where appropriate HR plans have been applied, the organizational performance has been found to be increased.

Aims and Objectives of the Research

Current research as already mentioned above will focus on the examination of the relationship between HR strategies applied within a particular organization and its performance. In order for the above task to lead to valid results, a series of other issues are going to be examined at a secondary level. These issues are indicatively: a) which is the significance of the HR for the organizational operation, b) how the HR strategies can be more effective? c) is there any chance for innovation in firms with specific HR plan or any relevant initiative has to be adapted to the existed framework? d) which are the main aspects of organizational growth and e) are there any other factors that can influence the firm's performance and which would be their interaction with the HR strategies already implemented in the particular firm?

Research Methodology

The research methodology will be based on the qualitative analysis, i.e. on the presentation and the analysis of a series of findings retrieved by researchers in the literature (textbooks, journals). The presentation of appropriate primary sources (statistical indexes, graphs, tables of primary data) will be also used in order to support the views of the literature and the personal assumptions on the particular subject. In other words, the research will be mainly secondary mostly because of the 'objectivity' of data involved. More specifically, the use of primary research would not be particularly helpful mostly because the existence of possible problems in the HR sector or the financial performance would not be likely to be revealed by firms, no matter the industry in which they would operate. For this reason, a research that would be 'free' from personal influences or interests has been chosen.

Literature Review

Human resources should be considered as a significant organizational asset. In this context, the application of the appropriate strategies for its development, can lead to the improvement of the corporate performance both in the short and the ...