Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework
The aim of the paper is to enhance the understanding of strategic human resource management (SHRM) as a concept by identifying the factors that impact its adoption in organizations and the potential outcomes, thus creating a comprehensive framework. This paper has been designed as an integrative lit...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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University of Split, Faculty of Economics
2023-01-01
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| Series: | Management : Journal of Contemporary Management Issues |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/446910 |
| _version_ | 1797206329357500416 |
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| author | Tihona Bozhinovska Ljupcho Eftimov Leonid Nakov |
| author_facet | Tihona Bozhinovska Ljupcho Eftimov Leonid Nakov |
| author_sort | Tihona Bozhinovska |
| collection | DOAJ |
| description | The aim of the paper is to enhance the understanding of strategic human resource management (SHRM) as a concept by identifying the factors that impact its adoption in organizations and the potential outcomes, thus creating a comprehensive framework. This paper has been designed as an integrative literature review that attempts to answer the following research questions: What are the predictors of the adoption of a multi-stakeholder perspective in human resource management and what are the expected outcomes of implementing strategic human resource management in terms of value creation? In addition, the paper aims to answer the following questions: How do strategic changes influence the adoption of the multi-stakeholder perspective in human resource management (or the strategic human resource management processes) and is there a causality between them? To explain the interconnectedness between strategic changes and human resource management, the authors propose a conceptual framework for the multi-stakeholder perspective in human resource management or a new model for strategic human resource management. The proposed conceptual model provides a more comprehensive view of strategic human resource management. The key elements of the proposed strategic human resource management model are the CEO leadership characteristics, including CEO career diversity and CEO willingness to adopt the authentic leadership approach, and the possible consequences of SHRM in achieving higher organizational effectiveness (improved organizational performance). This model also assumes that employee engagement plays a mediating role between strategic human resource management practices and organizational effectiveness. This paper provides an integrative literature review on the adoption of the multi-stakeholder perspective in human resource management and creates a new conceptual framework for strategic human resource management. |
| first_indexed | 2024-04-24T09:05:17Z |
| format | Article |
| id | doaj.art-946b68d4ba89405a9d36c9102840179a |
| institution | Directory Open Access Journal |
| issn | 1331-0194 1846-3363 |
| language | English |
| last_indexed | 2024-04-24T09:05:17Z |
| publishDate | 2023-01-01 |
| publisher | University of Split, Faculty of Economics |
| record_format | Article |
| series | Management : Journal of Contemporary Management Issues |
| spelling | doaj.art-946b68d4ba89405a9d36c9102840179a2024-04-15T19:01:50ZengUniversity of Split, Faculty of EconomicsManagement : Journal of Contemporary Management Issues1331-01941846-33632023-01-0128Special Issue132710.30924/mjcmi.28.si.2Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual frameworkTihona Bozhinovska0Ljupcho Eftimov1Leonid Nakov2Faculty of Economics - Skopje, “Ss. Cyril and Methodius” UniversityFaculty of Economics - Skopje, “Ss. Cyril and Methodius” UniversityFaculty of Economics - Skopje, “Ss. Cyril and Methodius” UniversityThe aim of the paper is to enhance the understanding of strategic human resource management (SHRM) as a concept by identifying the factors that impact its adoption in organizations and the potential outcomes, thus creating a comprehensive framework. This paper has been designed as an integrative literature review that attempts to answer the following research questions: What are the predictors of the adoption of a multi-stakeholder perspective in human resource management and what are the expected outcomes of implementing strategic human resource management in terms of value creation? In addition, the paper aims to answer the following questions: How do strategic changes influence the adoption of the multi-stakeholder perspective in human resource management (or the strategic human resource management processes) and is there a causality between them? To explain the interconnectedness between strategic changes and human resource management, the authors propose a conceptual framework for the multi-stakeholder perspective in human resource management or a new model for strategic human resource management. The proposed conceptual model provides a more comprehensive view of strategic human resource management. The key elements of the proposed strategic human resource management model are the CEO leadership characteristics, including CEO career diversity and CEO willingness to adopt the authentic leadership approach, and the possible consequences of SHRM in achieving higher organizational effectiveness (improved organizational performance). This model also assumes that employee engagement plays a mediating role between strategic human resource management practices and organizational effectiveness. This paper provides an integrative literature review on the adoption of the multi-stakeholder perspective in human resource management and creates a new conceptual framework for strategic human resource management.https://hrcak.srce.hr/file/446910CEOmulti-stakeholder perspectivestrategic human resource managementemployee engagementorganizational performance |
| spellingShingle | Tihona Bozhinovska Ljupcho Eftimov Leonid Nakov Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework Management : Journal of Contemporary Management Issues CEO multi-stakeholder perspective strategic human resource management employee engagement organizational performance |
| title | Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework |
| title_full | Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework |
| title_fullStr | Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework |
| title_full_unstemmed | Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework |
| title_short | Contemporary managerial analysis of multi-stakeholder perspective in human resource management: Towards a new conceptual framework |
| title_sort | contemporary managerial analysis of multi stakeholder perspective in human resource management towards a new conceptual framework |
| topic | CEO multi-stakeholder perspective strategic human resource management employee engagement organizational performance |
| url | https://hrcak.srce.hr/file/446910 |
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