High performance work practices and organizational performance: an analysis of the Macedonian food and beverage industry

Sofijanova, Elenica and Zabijakin-Chatleska, Vesna (2013) High performance work practices and organizational performance: an analysis of the Macedonian food and beverage industry. In: XI International Scientific Conference "Management and Engineering '13", 23-26 June 2013, Sozopol, Bulgaria.

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Abstract

The current study analyses the relationship of high- performance work practices (HPWPs) and organizational performance in a sample of Macedonian food and beverage companies by using the universalistic approach which has been empirically accepted as relevant in the theory of strategic human resource management. A large number of studies, conducted in developed countries, confirm that the strategic approach towards human resources and the investment in HPWPs is connected to the superior firm performance. On the basis of literature review and analysis of the theory, hypothesis has been developed which propose a correlation of eleven components of HPWPs with subjective measures of organizational performance. The sample consists of 19 companies which are the largest and most successful in the industry in the year 2010. The data was collected from the surveys of human resource managers and CEO. The results show that there is statistically significant positive correlation between perceived organizational performance and certain components of the HPWPs - selectivity in staffing, training and skills development, the use of self-managing teams, information sharing, employee participation, but also points to the finding that certain work practices - internal career opportunities, the use of grievance procedures, performance appraisal, higher level of salaries, pay and reward practices, employment security, are not statistically correlated to the perceived organizational performance.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: strategic human resource management, high-performance work practices (HPWPs), organizational performance, Macedonian food and beverage industry
Subjects: Agricultural Sciences > Other agricultural sciences
Divisions: Faculty of Agriculture
Depositing User: Elenica Sofijanova
Date Deposited: 21 Aug 2013 10:45
Last Modified: 29 Nov 2013 14:17
URI: http://eprints.ugd.edu.mk/id/eprint/6959

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