Work

Back to the Future: Implications for the Field of HRM of the Multistakeholder Perspective Proposed 30 Years Ago

Year: 2015
Type: article
Abstract: Thirty years on from the seminal works on human resource management ( HRM ) by Beer et al., we examine how the subject has developed. We offer a normative review, based on that model and critique the assumption that the business of HRM is solely to improve returns to owners and shareholders. We identify the importance of a wider view of stakeholders to practitioners and how academic studies on the periphery of HRM are beginning to adopt such a view. We argue that the HRM studies so far have given us much valuable learning but that the subject has now reached a point where we need to take a wider, more contextual, more multilayered approach founded on the long‐term needs of all relevant stakeholders. The original Beer et al. model remains a valuable guide to the next 30 years of HRM . © 2015 Wiley Periodicals, Inc.
Language: English
Open Access status: bronze
OpenAlex ID: W1901051398
FWCI: 49.25
Cites: 106
Cited by: 342
Related to: 10