The Role Of Hrm Policies And The Wider Organisational Strategy

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The importance of HRM’s role is not debated and some key characteristics of its influence have been identified. The degree of ‘fit’ between HRM policies and the wider organisational strategy for knowledge sharing, integration and creation must be analysed. Placing emphasis on individual experience or on collective knowledge bases has dramatic implications for the kinds of selection, career development and reward policies that will be effective for the organisation. There are also longer-term effects from HRM policy which have an impact on the quality of trust and relationships through which knowledge is shared. Newell et al (2002) note that there is something that emerges in an organisation ‘bottom-up’ out of informal interaction, which…show more content…
If this is the case then the question becomes: in what ways will HRM have to change to align with knowledge work. The reverse should also be considered; what insights into optimal organisation and management of knowledge work can be identified by drawing insights from HRM. The usage of HRM does not solely refer to the officially designated HR specialist function. The usage here also is meant to include management of human resources by any person within or across organisations. Lepak and Snell (2003) suggest shifting the unit of analysis from the job, to what people know and how they use that knowledge. Also they propose a reconceptualisation of the organisation as a portfolio of multiple types of human capital. The important point they suggest is to shift from a basic conception of a job to be managed (therefore triggering an HR task of producing a ‘job description’) to a new perspective of leveraging the knowledge of people. They feel that organisations will be constituted by portfolios of individuals with varying degrees of four types of knowledge: generic, industry, occupational, and firm-specific. Part of the HRM’s role will involve staffing to exploit these different employee profiles to the optimum degree. Knowledge workers may respond better to recruitment strategies that emphasise the opportunity to do new things,
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