Mishra, SK (2007): Human Resource Management: Some Vital Considerations.
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Abstract
The paper discusses how and why the theories of neo-classical economics are inadequate to provide a framework to human resource management and therefore must give way to dynamic gradual optimization procedure based on the principles of bounded rationality and satisficing behaviour in dealing with the problems of an adaptive complex system of business organization. It also widens the scope of human resource management to include crowd-sourcing.
Item Type: | MPRA Paper |
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Institution: | North-Eastern Hill University, Shillong (India) |
Original Title: | Human Resource Management: Some Vital Considerations |
Language: | English |
Keywords: | Human resource management; bounded rationality; adaptive complex system; satisficing behaviour; dynamic gradual optimization; crowd-sourcing |
Subjects: | L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L20 - General J - Labor and Demographic Economics > J5 - Labor-Management Relations, Trade Unions, and Collective Bargaining > J50 - General J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J20 - General |
Item ID: | 4400 |
Depositing User: | Sudhanshu Kumar Mishra |
Date Deposited: | 08 Aug 2007 |
Last Modified: | 27 Sep 2019 20:49 |
References: | · Alsever, J (2007-a): “How to Get Your Customers to Solve Problems for You”. http://www.bnet.com/2403-13068_23-52960.html · Alsever, J (2007-b): “What is Crowdsourcing?” http://www.bnet.com/2403-13068_23-52961.html · Alsever, J (2007-c): “The New Human Resource”. http://www.bnet.com/2403-13240_23-52962.html · Drucker, PF (1954): The Practice of Management. Harper & Row, New York. · Firby, R (1989): Adaptive Execution in Complex Dynamic Worlds. Ph.D. thesis. Department of Computer Science. Yale University. New Haven, Connecticut. · Nienhüser, W (2004): Political [Personnel] Economy – A Political Economy Perspective to Explain Different Forms of Human Resource Management Strategies, Management Revue, vol. 15 (2), pp. 228-248. · Simon, HA (1957): Models of Man. Wiley, New York. · Simon, HA (1962): The Architecture of Complexity. Proceedings of the American Philosophical Society, vol. 26, pp. 467-482. · Simon, HA (1979): Rational Decision Making in Business Organizations, American Economic Review, vol. 69, pp. 493-513. · Waldrop, MM (1992): Complexity: The Emerging Science at the Edge of Order and Chaos. Simon & Schuster, New York. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/4400 |