Thursday, September 26, 2019

Management Research and Consultancy Essay Example | Topics and Well Written Essays - 1500 words

Management Research and Consultancy - Essay Example It is obvious, that the patterns of HRM in family and non-family business are different, thus it should have been better to find the differences in HRM patterns between different family businesses, to outline the major factors that influence these behaviour and the ways of making these behaviours work for businesses of small and medium companies. The work notes, that the terms HRM is at times used in the wrong way, to replace the famous term of Public Management. But it should be remembered that HRM is somewhat different sphere of research, than the PM is. So, as the work is concentrated at comparing the HRM patterns of different kinds of small and medium enterprises, less attention is paid to family business itself, as a bright example of unusual and unique human relations inside each enterprise. At the same time, the present research is an attempt to satisfy the urgent need for studying the HRM processes in the small and medium firms; as such research has always been made for large corporations. The importance of HRM in each firm, either large, or small, is not argued. It is one of the principal ways for the development and progress of any organization. 2. Evaluate the literature review and the way that the researchers have used it to set research questions and design of the project. The research is based on a big number of literary works, relating to human resource practices and family business as the economic phenomenon. There is no argument about the fact, that it is easier to manage in the smaller environment, and the research relates to the works of Storey and Guest (1987), which suggest, that the key concepts of any human resource management are high flexibility, high quality, high integration and high commitment, but Guest's book was written for the big companies, and thus it is rather ambiguous, whether his ideas are applicable to the smaller business; this issue needs further research. On the contrary, the Storey's ideas as for the important role of communication and logic are very relevant for small family business, as the communication in any human relations plays one of the first, if not the first, role. The literature, chosen for the research, is seldom devoted to HRM in small firms, as this discussion has always lacked attention and interest, though it is understood, that the prosperity of small firms, and successful HRM, as a considerable part of this prosperity, is the main stimulation for the overall economic growth. (Dundon, 2001) The authors, who have devoted their time and books to the HRM, never really concentrated on the smaller and medium business, simply outlining the necessity for such research, without going deeper into the subject. (Legge, 1995; Bach and Sisson, 2000; bacon, 1996; Creagh et al.,

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