American Journal of Business and Society
Articles Information
American Journal of Business and Society, Vol.5, No.3, Sep. 2020, Pub. Date: Aug. 31, 2020
Strategic Human Resource Management and Business Performance in Nigeria
Pages: 128-137 Views: 1213 Downloads: 1541
Authors
[01] John Nkeobuna Nnah Ugoani, Department of Management Sciences, College of Management and Social Sciences, Rhema University, Aba, Nigeria.
Abstract
Strategic human resource management focuses on unique strategies at facilitating the management and implementation of organizational architecture to enhance the use of the human capital to drive business performance. Strategic human resource management aligns strategic employment policies, and practices with the requirements of the business strategy in order that the later will be achieved and the business will be successful. It strives on the assumption that the human element as a resource is responsible for co-ordinating all the other resources of the productive system to enhance enterprise effectiveness. Eighty six individuals participated in the study that employed the exploratory research design. Data generated and analyzed through statistical methods found that strategic human resource management has strong positive association with business performance. The study left the door open for further study to examine the role of labour-management relationship in talent retention in Nigerian organizations, and based on the result of the study, it was suggested that analyzing and designing jobs will help organizations in matching the right man with the right job to enhance business performance.
Keywords
Strategic HRM, Strategic HRM Inventory Model, Realization of Enterprise Goals, Organizational Architecture, Business Performance.
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