Skip to main content

HRM Model | the Harvard Model


HRM Model | the Harvard Model


The Harvard Model – A comprehensive HRM model comprises of 6 critical elements of HRM such as:
  1. Stakeholders Interests
  2. Situational Factors
  3. HRM Policy choices
  4. HR outcomes
  5. Long-term consequences and
  6. A Feedback loop through which the yields flow directly into the organization and the stakeholders




HRM Model | the Harvard Model

The HARVARD Model of Human Resource Management


Stakeholders Interests: At this level, the HR managers challenge is to achieve balance among all the stakeholders. The focus of this element is to ‘compromise’ between the interest of the owners and those of employees. Thus, HR managers are supposed to balance the interests of all stakeholders.

Situational factors: the situational Factors like workforce characteristics, Labour market, laws and management philosophy influences management’s choice of HR strategy inclusion. Hence, HR experts should determine all the situational factors before deciding for any strategic move.  

HRM Policy Choices: This model portrays management as a real actor and capable of making changes in the organization environment in the long run. So, In terms of HRM policy choices management plays a major role in the organization. Besides, management emphasizes the implementation of result-oriented HRM policies.

HR outcomes: Here in this element, HR outcomes are measured in terms of enhanced employee organization commitments, employee competence, and cost-effectiveness. The assumption here is that if a participative environment is available in an organization, employee’s talents can be utilized to the maximum for organizational growth.

Long-Term consequences: the 3 factors namely – individual/employee welfare, organizational effectiveness and societal well-being are interlinked. It is obvious that employee welfare leads to organizational effectiveness and efficiency of all organizations contributes to social well-being.

Feedback loop: the sixth element of Harvard Model. As cited above situational factors impact HRM policy choices further, it is influenced by long term consequences. Likewise, stakeholders’ interest influence HRM policy choices, and in turn, are impacted by long term outcomes.

To conclude, The Harvard Model of HRM is tagged as 'soft' HRM due to its attention towards employee outcomes with an additional concentration on employee well being.  

Comments

Popular posts from this blog

10 BEST Free Guide to Recruitment Process Outsourcing – RPO

10 BEST Free Guide to Recruitment Process Outsourcing – RPO Free Guide to Recruitment Process Outsourcing – RPO What is RPO? Recruitment process outsourcing is a form of business process outsourcing (BPO) where an employer transfers all or part of its recruitment processes to an external service provider. Recruitment (hiring) refers to the overall process of attracting, shortlisting, selecting and appointing suitable candidates for jobs (either permanent or temporary) within an organization HOW RPO is Different from Traditional recruiting? In all cases, RPO differs greatly from providers such as staffing companies and contingent/ retained search providers in that it assumes ownership of the design and management of the recruitment process and the responsibility of results,” Recruitment process outsourcing (RPO) is more than filling open jobs; it’s about improving an organization’s recruiting process. "An RPO provider is a people-process-technology solution with ...

Recruitment & Selection |How do I hire hotel staff

Recruitment & Selection |How do I hire hotel staff Image by Gerd Altmann from Pixabay Recruitment & selection of hotel staff can be done in following various ways - Also Read, Job Interview Selection Process 1.   Internal Recruitment Sources for Hotel staff - Internal job posting - (IJP), my personal choice is, always look for potential candidates internally. This strategy has many plus points which cannot be denied at any cost. It can boost employee morale and sense of Belongingness towards the organization, build trusts and acts as a motivating factor for new recruits in the company. Try to design IJP policy and float it accordingly. Remember, it is always advisable to uplift known talents rather sourcing unknown candidates externally, which you cannot even guarantee the success, isn’t it? It is cost-effective & less time consuming even in many ways such as your existing employee s are already aware of company policies, culture and the environm...

Employees Provident Fund Organization (EPFO) for International Workers

Employees Provident Fund Organization (EPFO) for I NTERNATIONAL  W ORKERS A long-pending initiative of The Government of India was for International workers or the employees posted overseas or in other countries.  Consequently, for the benefit of both for the employers and employees government of India has entered into an agreement with several countries to ensure – 1.   that the employees of the home country do not remit contribution in that country 2.     that employee gets the benefit of the totalization period for deciding the eligibility for pension , 3.     that they may get the pension in the country where they choose to live 4.   that employers are saved from making double social security contributions for the same set of employees For that reason, the EPFO has been authorized to issue the Certificate of Coverage (COC) to the employees posted to the countries having signed Agreement with the Govern...