Adaptation and Context
Research Handbooks in Business and Management series
Edited by Anders Örtenblad
Chapter 8: The search for panaceas in Strategic Human Resource Management: a wrong turn for HRM research?
This chapter discusses the way that Human Resource Management and particularly Strategic HRM which is the in-company, financial outcome focused version, has become a panacea. It is assumed that by applying ‘good practice’ SHRM within the organization results will be improved. We draw on the previous literature, particularly the original ‘Harvard model’ of HRM to argue that this severely underestimates the impact of the environment, the importance of multiple stakeholders and the implications of a longer-term perspective. We suggest that attention to these issues will take us beyond SHRM to something that reflects the real world better, is more rewarding for researchers and more valuable for practitioners.
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