Annotated Bibliography – The Role of Human Resources & Developing and Implementing Strategic HRM Plans
Annotated Bibliography – The Role of Human Resources & Developing and Implementing Strategic HRM Plans
The chosen article is focused on SHRM or Strategic Human Resources Management in the case of banking institutions (Altarawneh, 2016). The author has considered banks based in Saudi Arabia and Abha City. The article is published in the reputed journal and has been reviewed by scholars. Therefore, the findings of the research are reliable and valid. The author focused on examining the relationship between organizational performance and Human Resource Management. To fulfill the aim of the study, the researcher has chosen the survey methodology. A standardized questionnaire has been prepared, and data has been collected from 50 managers. The findings of the study suggest that targeted banks are more likely to adopt the SHRM approach because managing the human resource department becomes easier. Notably, the SHRM approach can help managers achieve their long-term goals along with the written policies and plans. The findings also suggest that the HRM managers are more likely to include themselves in the management meetings. One of the challenging issues faced while implementing the SHRM plans and policies is the poor sense of cooperation among the HR managers and executive managers. Along with that, budgetary restraints exist as well. The primary practices of HRM in the case of the targeted banks are initial tests, training, rewards, and compensation. The findings also suggest that SHRM has a positive impact on the performance of employees in the organization. For instance, there is an increase in sales ratio, profits, job satisfaction, and, most importantly, employee loyalty.
The second article on the chosen topic highlights that practices within the HR department can influence the overall performance outcomes of staff. Most importantly, innovation performance can be linked with SHRM (Nieves & Quintana, 2018). A co-relation exists between performance variables and HR practices. The article has been published in the reputed journal, “Tourism and Hospitality Research.” Therefore, the chosen article is reliable, and the research findings are authentic as well. It is a peer-reviewed journal and has been reviewed by anonymous researchers. Research regarding the role of HRM has been conducted by considering a single industry. The survey has been conducted across 109 hotel establishments based in Spain. Therefore, the findings are particularly applicable to the hotel industry. The researchers claimed that HR practices positively impact the human capital across the surveyed hotels. Contrarily, the selection and recruitment related HR practices are least likely to influence the degree of human capital across the studied firms. Nevertheless, it somehow determines the level of innovation performance of the firms. Hence, the study has thrown light on the relationship that exists between innovation performance and its practical implications on the human capital. The author suggested that further research considering the hospitality industry is needed because the obtained results are limited in its scope. Again, the results obtained after collecting data also highlights that the impact of recruitment and selection is less, and the impact of IT practices is more. The IT practices are also part of the SHRM.
References
Altarawneh, I. I. (2016). Strategic human resources management and its impact on performance: the case from Saudi Arabia. International Journal of Business Management & Economic Research, 7(1).
Nieves, J., & Quintana, A. (2018). Human resource practices and innovation in the hotel industry: The mediating role of human capital. Tourism and Hospitality Research, 18(1), 72-83.