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HR strategies for balanced growth
Series
Management for Professionals /Tagungsband zum DocNet Management Symposium an der Universität St. Gallen
ISBN
978-3-642--24652-4
Type
book section
Date Issued
2012
Author(s)
Kunz, Justus Julius
Abstract
In order to fulfill the expectations of shareholders, growth has become an in-evitable imperative for most companies. However, growth is always associated with increased complexity. Additional resources, especially human capital re-sources, are necessary to master this added complexity. Companies can satisfy this demand by either recruiting new employees, or by increasing their current personnel's efficiency. However, in times of extreme talent bench shortfall and rapidly increasing burnout statistics, HR departments are facing serious challenges. Firms may not be able to recruit the necessary talent, may dilute the company's culture and identity through intense recruitment within short periods, or may overload their current personnel quantitatively or qualitatively. This chapter outlines how companies can master these challenges through strategies such as: expanding the recruitment population, becoming a desired employer, recruiting very deliberately, prioritizing tasks and services, and, finally, interlinking strategic human resource management and high performance work systems' activities. By applying these strategies, companies can avoid the risks of excessive growth. Instead, they can capitalize on times of growth, establishing sustainable or balanced growth in order to get ahead of their competitors.
Language
English
Keywords
HR
balanced growth
acceleration trap
human capital resources
talent
competitive advantage
sustainability
HSG Classification
contribution to practical use / society
Refereed
No
Book title
Balanced growth : Finding strategies for sustainable development
Publisher
Springer
Publisher place
Berlin
Number
Bd. 9
Start page
137
End page
161
Pages
25
Subject(s)
Division(s)
Eprints ID
208493