What is Human Resource Strategy? How are human resource strategies formulated and how can we explain the variance between what is espoused and what is actually implemented? What impact – if any – does human resource strategy have on the organization’s “bottom line,” and how can this impact be explained?  Is there one best HR strategy for all firms, or is the impact of HR strategy on performance contingent on some set of organizational, technological or environmental factors?

Human Resource Strategy, third edition, provides an overview of the academic and practitioner responses to these and other questions. Applying an integrative framework, the authors review over thirty years’ worth of empirical and theoretical research in an attempt to reconcile often-conflicting conceptual models and equivocal empirical findings. The book supports students in applying theory to practice and presents much of the relevant research in the context of the critical strategic decisions that executives are often forced to make with regard to human resource investments and deployments. As a result, often-complex theoretical models and scientific findings are presented such that they not only understandable but also highly relevant to non-research-oriented practitioners. This new edition includes new chapters on innovations in HR strategies and diversity and introduces more practical examples. This book is an ideal resource for students and practitioners alike.

Part I: Human Resource Strategy – Emergence and Types  Chapter 1: Introduction  Chapter 2: The Adoption, Formulation, and Implementation of Human Resource Strategies  Chapter 3: Models of HR Strategy  Part II: Subsystem-Specific Human Resource Strategies  Chapter 4: The People Flow Subsystem  Chapter 5: The Performance Management Subsystem  Chapter 6: The Rewards Subsystem  Chapter 7: The Employee Relation Subsystem  Part III: Human Resource Strategy – Impact, Challenges, and Developing Approaches  Chapter 8: The Impact of Human Resource Strategy  Chapter 9: Diversity, Equity and Inclusion Strategies  Chapter 10: Globalization and HR Strategy  Chapter 11: Taking Unique Enterprise Types and Emerging Technologies into Account