EFFECTIVE HR MANAGEMEN STRATEGY TO IMPROVE COMPANY PERFORMANCE

Authors

  • Dendy Tirtoadisuryo Atlanta College of Liberal Arts and Sciences Georgia, USA Author
  • Frandy Putra Perdamen Tarigan Escuela de Negocios Europea de Barcelona, Spain Author
  • Akhmad Multazim Kazian School Of Management, India Author
  • Stevianus Arief Sekolah Tinggi Ilmu Ekonomi IEU Surabaya, Indonesia Author

Keywords:

Effective HR Managemen, Strategy, Improve Company Performance

Abstract

This study explores the impact of effective Human Resource (HR) management strategies on improving company performance. With organizations increasingly recognizing the role of HR in driving business success, the research examines various HR practices, including recruitment, training and development, performance management, employee engagement, and diversity and inclusion. Using a mixed- methods approach, the study combines quantitative surveys with HR professionals and employees to gather data on key performance indicators such as productivity, turnover rates, and job satisfaction. In addition, qualitative interviews with HR leaders and focus groups with employees provide deeper insights into the challenges, benefits, and best practices associated with these strategies. The findings indicate that organizations that adopt data-driven recruitment, invest in continuous employee development, and implement transparent performance management systems experience higher productivity, reduced turnover, and enhanced employee engagement. Furthermore, a strong focus on diversity and inclusion is shown to foster innovation and creativity, leading to improved business outcomes. The study concludes that strategic HR management plays a critical role in shaping organizational success and highlights the importance of adapting HR practices to meet evolving business needs. By aligning HR strategies with company goals, businesses can create a motivated, skilled, and committed workforce, driving sustainable growth and competitive advantage.

Downloads

Download data is not yet available.

References

Armstrong, M. (2014). Armstrong's Handbook of Human Resource Management Practice. Kogan Page Publishers.

Becker, B. E., & Huselid, M. A. (2006). Strategic human resources management: A review and research agenda. Journal of Management, 32(6), 799-825.

Boxall, P., & Purcell, J. (2016). Strategy and Human Resource Management. Palgrave.

Collings, D. G., & Mellahi, K. (2009). Strategic talent management: A review and research agenda. Human Resource Management Review, 19(4), 304-313.

Dessler, G. (2020). Human Resource Management. Pearson.

Dyer, L., & Reeves, T. (1995). Human resource strategies and firm performance: What do we know and where do we need to go? International Journal of Human Resource Management, 6(3), 656-670.

Fombrun, C. J., Tichy, N. M., & Devanna, M. A. (1984). Strategic Human Resource Management. Human Resource Management, 23(3), 259-267.

Grant, R. M. (2019). Contemporary Strategy Analysis. Wiley.

Huselid, M. A. (1995). The impact of human resource management practices on turnover, productivity, and corporate financial performance. Academy of Management Journal, 38(3), 635-672.

Jha, S., & Verma, A. (2015). Human resource management practices and organizational performance: A review. International Journal of Management Reviews, 17(3), 293-316.

Kermally, S. (2006). The Human Resource Management Handbook. Kogan Page Publishers.

Lepak, D. P., & Shaw, J. D. (2008). Strategic human resource management: A review of the literature and a proposed typology. Academy of Management Review, 33(1), 4-19.

Lussier, R. N. (2017). Human Resource Management: Functions, Applications, and Skill Development. Sage.

MacDuffie, J. P. (1995). Human resource bundles and manufacturing performance: Organizational logic and flexible production systems in the world auto industry. Industrial Relations Research Association, 56(2), 199-226.

Marchington, M., & Wilkinson, A. (2005). Human Resource Management at Work. CIPD Publishing.

Milkovich, G. T., & Boudreau, J. W. (1998). Human Resource Management. Irwin.

Nankervis, A., Compton, R., & Baird, M. (2011). Human Resource Management: Strategy and Practice. Cengage Learning.

Pfeffer, J. (1994). Competitive Advantage Through People: Unleashing the Power of the Workforce. Harvard Business Press.

Ployhart, R. E., & Moliterno, T. P. (2011). Emergence of the human capital resource: A multilevel model. Academy of Management Review, 36(1), 127-150.

Purcell, J. (2001). The Role of Human Resource Management in the High-Performance Workplace. International Journal of Human Resource Management, 12(7), 849- 861.

Schuler, R. S., & Jackson, S. E. (2007). Strategic Human Resource Management.

Blackwell Publishing.

Snell, S. A., & Dean, J. W. (1992). Integrated manufacturing and human resource management: A human capital perspective. Academy of Management Journal, 35(3), 467-504.

Storey, J. (2007). Human Resource Management: A Critical Text. Thomson Learning.

Wright, P. M., & Snell, S. A. (1998). Toward a unifying framework for exploring fit and flexibility in strategic human resource management. Academy of Management Review, 23(4), 756-772.

Yeung, A. K., & Ulrich, D. (2004). The HR Scorecard: Linking People, Strategy, and Performance. Harvard Business School Press.

Downloads

Published

01-05-2025

Issue

Section

Articles