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Asian Journal of Research in Business Economics and Management
Year : 2014, Volume : 4, Issue : 8
First page : ( 395) Last page : ( 407)
Online ISSN : 2249-7307.

Developing a Conceptual Framework for HRM Measures in Crisis Using ISM Methodology

Parhizgar Mohammad Mehdia, Rahmany Nimab

aAssociate professor, Management Department, Payam Noor University, Tehran, I.R of Iran

bPhD Candidate of Business Management, Faculty of Management, Payam Noor University, Tehran, I.R of Iran

Online published on 6 August, 2014.

Abstract

The recent crisis for HRM, as the business partner model, has been identified as an opportunity, and the HRM managers should use the recession and prove their capacity for making sound strategic decisions. However, in the face of crisis, these managers have in practice focused on a set of short-term measures aimed at retrenchment strategy, which will have long-term negative effects on the employees, corporate sustainability and competitiveness. Therefore, assuming crisis to be a natural part of a business, this research seeks to develop a model of HRM measures with a strategic approach that enhances effectiveness and minimizes the negative effects of the measures. Reviewing the literature, we identified the effective measures to deal with crises, and due to the influence of cultural and structural factors on the measures, we performed a survey of the senior managers of 87 industrial enterprises so as to get an accurate recognition and interpretation of the measures. The results of the first step were presented to a group consisting of 7 experts and beneficiaries in order to perform a ranking of the set of measures with strategic approach and consideration of the effects of the measures on one another using the interpretive structural modeling method. The final model presented the measures in seven levels to deal with the crisis, namely: Soft measures, Strategic and Hard (Reduction) measures.

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Keywords

Human Resource Management Measures, Economic Crisis, ISM.

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