The impact of the economic crisis upon human resource development (HRD): evidence from two Greek banks

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Mitsakis, F.V. ORCID: 0000-0001-8454-5777 and Aravopoulou, E., 2016. The impact of the economic crisis upon human resource development (HRD): evidence from two Greek banks. International Journal of Human Resource Development: Practice, Policy & Research, 1 (2), pp. 67-82. ISSN 2397-4575

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Official URL: http://dx.doi.org/10.22324/ijhrdppr.1.117

Abstract

This study investigates the nature and changes of Human Resource Development (HRD) in two Greek banks under the challenging context of the economic crisis. It examines the latter’s impact upon HRD as it was perceived from different stakeholders and through a pre and ongoing-crisis assessment approach.
The study draws upon qualitative research data from two case study banking organizations in Greece, reporting on 76 semi-structured interviews with key stakeholders (HR staff, Bank Managers, employees) undertaken in 2014, six years after the fall of Lehman Brothers.
The study contributes to academic knowledge as being the first empirical research offering a unique perspective through examining changes of HRD within a specific industry and national context (Greek banks) against a backdrop of an economic downturn. Its findings also raise important questions for HRD professionals, in both academia and practice, in relation to claims and aspirations which prevail in respect of HRD and organizational change and business transformation.

Item Type:

Journal article

Publication Title:

International Journal of Human Resource Development: Practice, Policy & Research

Creators:

Mitsakis, F.V. and Aravopoulou, E.

Publisher:

International Federation of Training & Development Organisations (IFTDO) and the University Forum for Human Resource Development (UFHRD)

Date:

1 November 2016

Volume:

Number: