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Mekonnen, Worku
- The Impact of Strategic Human Resource Management Practice on Organisational Effectiveness: A Case Study of Selected Insurance Companies in Ethiopia
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1 Associate Professor, Addis Ababa University, ET
2 Research Scholar, School of Commerce, Addis Ababa University, ET
1 Associate Professor, Addis Ababa University, ET
2 Research Scholar, School of Commerce, Addis Ababa University, ET
Source
Journal of Strategic Human Resource Management, Vol 9, No 2&3 (2020), Pagination: 17-28Abstract
The purpose of this study is to show the impact of strategic human resource management practices on organisational effectiveness. Towards this end, an explanatory research design was employed. Out of 160 targeted population, a sample size of 115 was taken using the Guilford and Fruchter (1973) formula and the responses of the 115 employees were obtained. The study uncovered that the level of SHRM practices was medium, since its mean value lies between 3.33-3.69 based on the five-point Likert scale measurement. The results of the Pearson correlation coefficient analysis have shown positive and significant relationships between each SHRM practice and organisational effectiveness. Furthermore, the predictive power of the aggregate SHRM practice on organisational effectiveness was found to be .457, meaning that in 45.7% cases, variations on organisational effectiveness can be explained by SHRM practices. Therefore, the study suggests that organisations should place more emphasis on strategic HRM practices to gain better organisational effectiveness.Keywords
Strategic Human Resource Management, Organisational Effectiveness, Insurance CompaniesReferences
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- Effect of Strategic Orientations on Organizational Performance: Evidence from Top Management of a Private Bank in Ethiopia
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Authors
Affiliations
1 MBL Graduate, Addis Ababa University, ET
2 Assistant Professor, Addis Ababa University, ET
3 Associate Professor of Management, Addis Ababa University, ET
1 MBL Graduate, Addis Ababa University, ET
2 Assistant Professor, Addis Ababa University, ET
3 Associate Professor of Management, Addis Ababa University, ET
Source
International Journal on Leadership, Vol 8, No 1 (2020), Pagination: 13-28Abstract
This study examined the effect of strategic orientations (market, entrepreneurial, learning, and technological orientations) on organizational performance in the case of Addis International Bank, Ethiopia (an emerging economy). The study employed explanatory research design and quantitative research approach. Data were collected from 105 survey respond dents using self-administered questionnaire. Descriptive and correlation analyses, followed by multiple linear regression analysis, were used to test the hypotheses stated and answer the research questions. The findings of the study revealed that there is a strong and positive effect of entrepreneurial and technological orientations on organizational performance whereas market and learning orientations didn’t have significant effect on organizational performance. Thus, to make these latter strategic orientations add value to the bank, it has to make co-alignment in strategy, structure, processes, and culture. Therefore, it is recommended that the Bank shall fully implement and configure strategic orientations as a source of competitive advantage and, thereby, achieve superior performance. Prior studies were made on strategy as a process and each construct individually. These findings contribute to the theory and practice of strategy and management by integrating all the strategy orientations together and providing recorded evidence from an emerging economy perspective.Keywords
Strategic Orientations, Organizational Performance, Addis International Bank, Ethiopia, Emerging EconomyReferences
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