Journal
STRATEGIC MANAGEMENT JOURNAL
Volume 36, Issue 3, Pages 360-376Publisher
WILEY
DOI: 10.1002/smj.2217
Keywords
resource orchestration; resource-based theory; HR systems; firm performance; structural equations model
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Funding
- National Research Foundation of Korea [32A-2011-1-B00073] Funding Source: Korea Institute of Science & Technology Information (KISTI), National Science & Technology Information Service (NTIS)
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In order to be effective, managers at all levels of the firm must engage in resource management activities, and these efforts are synchronized and orchestrated by top management. Using a specific type of strategic resource, commitment-based human resource systems, we examine the effect of CEO resource orchestration in a multi-industry sample of 190 Korean firms. Our results demonstrate that CEO emphasis on strategic HRM is a significant antecedent to commitment-based HR systems. Furthermore, our results also suggest that CEO emphasis on strategic HRM has its primary effects on firm performance through commitment-based HR systems. This finding underscores the importance of middle managers in operationalizing top management's strategic emphasis, lending empirical support to a fundamental tenet of resource orchestration arguments. Copyright (c) 2013 John Wiley & Sons, Ltd.
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