Critically compare and contrast the ‘Best Fit’, ‘Best Practice’ and ‘Resource-Based View’, models of HRM strategy and explain how each approach is argued to contribute to improved organisational performance.

Critically compare and course the `Best Fit, `Best Practice and `Resource-Based View, models of HRM strategy and explain how each(prenominal) approach path is argued to contribute to improved organisational performance.

Strategy is the skill and planning that are mired in governing resources. In a business sense impression this relates to a set of ideas, policies and practices which perplexity adopt in read to achieve a people counselling objective in studying Human Resource Management it is important to describe between the ` working(a) and the `strategic methods of managing a workforce. A Strategic focus entrust require operating HR initiatives with an eye to long marge corporate strategies and objectives. To focus on strategy would mean rein and solve business problems through efficient people management policies and strategies. An operational focus is one that has an eye to the everyday management of a firms workforce to comply with legal regulations regarding employment. To compare these iii HR practices it is important to first outline and evaluate each approach to human resource management.

HRM Strategy

The four HRM strategies are the;

Classical Approach- a comprehensive examination of the internal resources and foreign environment. Stressing the importance of long term, formal and analytical planning (Wilton, N., 2011).



blemished on the basis of over simplifying strategic decision making, separating operational practices for higher level strategy information (Wilton, N 2011). As a result the classical approach can troika to the over simplification of processes and inflexibility.

Evolutionary Approach- advocates the use of analysing the competitive environment to look for competitive opportunities and inform signs, also stating that thought out plans can only cut to short run advantage. Lots of information is considered in the evolutionary approach (more so than the classical) and its strengths come through flexibility to the changing business environment both internally and externally, as nearly as...

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