Table of Contents MAIN BODY.......................................................................................................................................3 Explain and critically analyse the practices of Best Fit/Contingency..............................................3 REFERENCES.....................................................................................................................................4 Books & Journal:.............................................................................................................................4
MAIN BODY Explain and critically analyse the practices of Best Fit/Contingency. In organisation, it is important to adopt practices so that it is easy to achieve organisational goals as well as objectives. Basically there are three types of approaches which are contingency, universalistic & configurational. With proper analysis of SHRM approaches, HRM practices are being carried out. In corporate world, universalistic is considered as most effective approach & best practice as a strategical method. It is viewed as best because it help in managing diverse HR issues, motivate employees at wider level. For example- Google & Amazon are focused towards employees & have high retention period. CEO & director of both entities are concerned with HRM practices & which too depicts the nature of universalists practices of organisation. The nature & size of work of both companies are wider & broader. It also reflects that hiring, recruitment of these enterprises are not easy and are time consuming (Adresi, 2017). According to matching model of HRM, it states that system of HR as well as structure need to be managed in such a way that it is linked with enterprise strategy 9Lv, 2019).Further, it is analysed that Google consider their employee as a useful resources & accordingly implement HRM practices & strategy. Furthermore, it is examinedAdresi, 2017that appropriate type of best fit strategy is being linked withenterprise culture, operationalprocess so that decisions making is done accordingly. Thus, universalists approach is to be used as practice within firm.
REFERENCES Books & Journal: Adresi, 2017. Investigating mediating effect of perceived organizational support between SHRM practices and employee trust.International Journal of Engineering Business Management, 9, p.1847979017701131. Lv, 2019, November. SDM: Sequential deep matching model for online large-scale recommender system. In Proceedings of the 28th ACM International Conference on Information and Knowledge Management(pp. 2635-2643). Ren, S. and Jackson, S.E., 2020. HRM institutional entrepreneurship for sustainable business organizations.Human Resource Management Review,30(3), p.100691.