Specific Approaches To Develop HR Strategies In Modern Business Environment

Each and every organization always trying on best to achieve their goals. HR strategy & organizational strategy & structure and proper cultural background is essential to reach that top level. Thus Best Practice & Best Fit approaches are being used by the organizations in various ways. Some huge organizations have been used Best fit approach successfully even best   practice successful for popular and successful organizations, without using the both strategies at once, some organizations use these methodologies separately at the appropriate time & place and seems that it depending on the characteristics of the organization. Armstrong (2009) stating that best fit model to be more convincing compared to the best practice model. On the other hand Eilertsen (2017),explain the best practice approach effects the company badly and has a negative impact on organizational success.Further Morris and Maloney (2005), explain the best practice methods treat equal empl...

Best fit or Best practice? The best-fit model highlights that HR strategies and organizational strategies must be lineup. In other words, it is important to make sure the HR strategies are suitable in different circumstances along with the cultural and operational process of the organization. Therefore, according to Armstrong (2006), it is an idea that different HR strategies have to focus on a given needs of both the organization and its employees. On the other hand, this models has several limitations. Boxall and Purcell (2003) criticizes this model limits as they are subject to numerous irregular contingencies and it will be difficult to handle new challenges as the HR system could not be able to adjust completely. Also, this strategy shows the limitation of the search for possibilities (Armstrong 2006). The Best-practice model explained as having a selected activities/practices of HR leading organizations reach higher level of growth rate and productivity of the organiz...

Best Practice Approach ‘ Best Practice’ model describes  certain good practices that are needed for an organization to bring the output effectively and efficiently , putting in to practice the best methods to enhance the organization’s work environment giving equal employment opportunities (Mondy & Noe, 2005 cited in Radzi et al, 2016).  Armstrong(2006) explaining that  this methodology indicates on the best universal HRM practices fits with any condition or circumstances to bring the best organizational performances.  Further  Best  practices of HR leading organizations reach higher level of growth rate of industry or product  (Redman and Wilkinson, 2009). According to (Pfeiffer, 1994) characteristics of best practice approach have been identified as follows. (Amstrong 2010 P.42)   Employment Security Selective Hiring S elf-Manage Teams   High Compensation Contingent On Performance Training To Provide ...