The effect of business strategies and HRM policies on organizational performance: the Greek experience

Anastasia A. Katou, Pawan S. Budhwar

Research output: Contribution to journalArticlepeer-review

Abstract

This article investigates the relationship between simultaneity in decisions regarding business strategies and human resource management (HRM) policies and their impact on organizational performance. The research is based on a sample of 178 organizations operating in the Greek manufacturing sector. The results of this study support the hypothesis that when business strategies and HRM policies are developed simultaneously, they positively affect organizational performance. This is more valid for decisions taken simultaneously with respect to quality and employee development, innovation and employee rewards and relations, and cost and employee resourcing. © 2008 Wiley Periodicals, Inc.
Original languageEnglish
Pages (from-to)40-57
Number of pages18
JournalGlobal Business and Organizational Excellence
Volume27
Issue number6
DOIs
Publication statusPublished - Sep 2008

Keywords

  • simultaneity in decisions
  • business strategies
  • human resource management
  • HRM
  • policies
  • impact
  • organizational performance

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