Strategic Human Resource Management

Strategic Human ResourceManagement......Page 1
Copyright......Page 2
Table of Contents......Page 5
SECTION ONE......Page 13
An Investment Perspectiive and HumanResources......Page 14
Management Values......Page 18
Risk and Return on Investment......Page 19
Economic Rationale for Investment in Training......Page 20
Utility Theory......Page 23
Outsourcing as an Alternative to Investment in Human Resources......Page 25
Investments in Employability......Page 26
Current Practices in Training Investments......Page 30
On-the-Job Training......Page 33
Investments in Management Development......Page 34
Prevention of Skill Obsolescence......Page 38
Reductions in Career Plateauing......Page 41
Organizational Cultures Emphasizing Interpersonal Relationship Values......Page 44
Effective Selection Procedures......Page 45
Compensation and Benefits......Page 46
Job Enrichment and Job Satisfaction......Page 48
Practices Providing Work Life Balance......Page 49
Organizational Direction Creating Confidence in the Future......Page 50
Retention of Technical Employees......Page 51
Other Practices in Facilitating Retention......Page 52
INVESTMENTS IN JOB-SECURE WORKFORCES......Page 54
Recognition of the Costs of Downsizing and Layoffs......Page 55
Avoiding Business Cycle–Based Layoffs......Page 58
Alternatives to Layoffs......Page 59
Employment Guarantees......Page 64
The Work Effort and Job Security Relationship......Page 66
ETHICAL IMPLICATIONS OF EMPLOYMENTPRACTICES......Page 68