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PEOPLE AND ORGANIZATION - MN 7181

The Five Ps Model of HRM as a strategic model

Figure: The 5Ps model of HRM ( Greenberg, 2021 )      This model was developed by Mildred Golden, Chris J. White, and Leslie A. Toombs. This can be identified as a strategic management model that helps the alignment of five key variables to improve the organization and its operations. This model defined five P categories that influence the overall behavior of human resources (Mayrhofer et al., 2019).  Steps for the 5 P’s Model implementation: Purpose - Identify the main strong points, weak points, opportunities, and threats, and identify the mission, vision, goals, and organizational strategies. Principles - Identify organizational culture and values. Processes - List all processes and draw them using flux grams, process maps, etc; identifying those responsible for each process. People - Determine which measures people are qualified for the duties they perform; identify the training needs. Performance - Identify used performance measures; establish key performance indicators (KPIs

Harvard Model of HR: The oldest yet an influential model

Top 10 Ways to Show Appreciation

How does HR play its role in leadership development?

Expectancy Theory in HRM

Can You Use VRIO Framework to Analyze The Human Resource?

Human resource Management and Gig Economy: Potential Future What is Gig Economy?

Does Promoting Competent Employees Will Work As You Think?

HR Theories and Practices to Manage Undervalued Human Capital in Sri Lanka

FINDING THE RIGHT TALENT – The Zoom Era