Theories Of SHRM

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Recommended: Concepts of strategic human resources management

The field of Strategic human resource management (SHRM) has become a “happy hunting ground for academics” and Colbert (2004) validates it by stating that SHRM is an accumulated “plethora of statement, theories, concepts and arguments”. It is evident from these statements that there are various theories and approaches to SHRM. According to Boxall & Purcell (2000), Strategic human resource management refers to the alignment of human resource practices to strategic goals of an organization. Amongst many approaches to SHRM such as best practice, best fit or contingent approach and bundling approach, resource based view (RBV) has been instrumental to development of SHRM (Dunford, et al., 2001). This essay will infer different approaches to SHRM …show more content…

However, according to Huselia (1995), the RBV overemphasizes on competitive advantage and leaves no room to focus on the interest alingment of organization. However, Boxall & Purcell (2000) alludes to the the assumptions of RBV theory formulation on “resource heterogenity” and resource immobility and explained that though the concept of RBV focusses on gaining competitive advantage yet the HR practices align the strategic goals of the firm to …show more content…

According to Dunford, et al.(2001), it is important to maintain a pool of human resource with higher levels specific skills or skills that suit the strategic intent. It is inevitable that the human capital change over time but constant monitoring for its match with strategic purpose will ensure sustainability of competitive adcantage. However, according to Huselia(1995), some attributes of resources can be easily imitated by competitors but Dunford, et al.(2001), rebuttles that imitation by competitors would incur a certain amount of time before its impact is felt making it costly and difficult for competitors to imitate the value generated by the human

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