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| Author: | Paauwe, J. Boselie, P. |
| Title: | "Best practices... in spite of performance": just a matter of imitation? |
| Journal: | International journal of human resource management
2005 : JUN, VOL. 16:6, p. 987-1003 |
| Index terms: | Institutional economics Resources |
| Freeterms: | Best practices |
| Language: | eng |
| Abstract: | The focus of this paper is on how organizations select, adapt and retain best practices in HRM. The paper is based on recent developments in two streams of theoretical thinking, i.e. new institutionalism and strategic management and it contrasts economic rationality with normative rationality in the selection, adaptation and retention process. In this way it is possible to construct the life cycle of a HRM best practice, the way in which companies differ in their speed of selection and adoption of best practices, and the consequences this has for whether or not being able to achieve a competitive advantage. |
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