Triaging your human capital: an integrative perspective on strategic human capital asset allocation: MRN
Management Research Review
; 46(3):467-482, 2023.
Article
in English
| ProQuest Central | ID: covidwho-2252598
ABSTRACT
PurposeThe purpose of this paper is to provide an overarching framework to guide the understanding of the allocation and deployment of strategic human capital assets within an organization. Using the concept of medical triage with business units analogous to "patients” and their performance to "symptoms or injuries,” the framework suggests a "steal from the poor” perspective that is counter to conventional organizational decline literature.Design/methodology/approachThis is a conceptual paper proposing that there are five different categories of business unit need for human capital assets expectant, deceased, immediate, delayed or minimal;all based on the type of environment and holistic performance of the business unit. Based on a business unit's specific situation, the authors suggest a process model guiding how to conduct a triage analysis to optimize the allocation of strategic human capital assets within an organization.FindingsThe authors argue that current trends in assessing strategic human capital assets which make comparisons across organizations are necessary but insufficient (e.g. comparing a store to other stores in its district or region). Each business unit has its own unique internal capabilities and external constraints that also must be accurately assessed to make an informed organizational-level decision about where and how to deploy strategic human capital assets.Originality/valueBorrowing from medical science, this paper demonstrates a new conceptual framework with propositions for researchers and guidance for practitioners.
Business And Economics--Management, Strategic management, Microfoundations, Strategic alignment, Strategic human resource management, Deployment, Human capital theory, Task environment, Triage, Structure conduct performance, Strategic HRM, Business-unit, Performance, Competitive advantage, Human resource management, Employees, COVID-19, Chesky; Brian
Full text:
Available
Collection:
Databases of international organizations
Database:
ProQuest Central
Language:
English
Journal:
Management Research Review
Year:
2023
Document Type:
Article
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