Strategic human resource development in times of business and economic uncertainty: the case of Greek banks

Mitsakis, F. ORCID: 0000-0001-8454-5777, 2023. Strategic human resource development in times of business and economic uncertainty: the case of Greek banks. European Journal of Training and Development, 47 (1/2), pp. 58-84. ISSN 2046-9012

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Purpose: This paper aims to operationalise a modified strategic human resource development (SHRD) framework to examine managerial perceptions of the strategic embeddedness of human resource development (HRD) in organisations in times of business and economic uncertainty.

Design/methodology/approach: The paper draws on qualitative research data, following a case-study research design and semi-structured interviews with 44 participants to enable an in-depth investigation of managerial perspectives.

Findings: Research findings outline complexities in both understanding and operationalising SHRD in times of crisis which flow from managerial differing viewpoints.

Research limitations/implications: Research findings and conclusions are subject to “respondent bias” as events occurred several years ago, thus participants may not fully recall how SHRD has changed over time. Focussing on a unique industrial sector, as well as to a specific national context, limits the generalisation of the findings in comparative contexts.

Practical implications: Owing to the ongoing business and economic uncertainty, this study could serve as a powerful tool at the hands of HRD professionals to effectively assess the nature of their HRD interventions in their organisations.

Originality/value: Having a modified SHRD framework assessed in volatile, uncertain, complex and ambiguous contexts, the reality of SHRD in organisations is examined. In addition, focussing on a single sector overcomes the “one-size fits all” proposition of prominent SHRD models. Finally, the paper expands SHRD literature by examining managerial perspectives on SHRD into understudied national and industrial contexts.

Item Type: Journal article
Publication Title: European Journal of Training and Development
Creators: Mitsakis, F.
Publisher: Emerald
Date: 2023
Volume: 47
Number: 1/2
ISSN: 2046-9012
Rights: © Emerald Publishing Limited.
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 06 Sep 2021 13:09
Last Modified: 09 Feb 2023 16:30
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