Cambodian banking sector experience of strategic human resources partnerships with business
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Authors
Chui, Chanthy
Newlands, Ken
Du Plessis, Andries
Newlands, Ken
Du Plessis, Andries
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2015-12
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Conference Contribution - Oral Presentation
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Keyword
Cambodia
strategic alliances
organisational performance
banks
financial services industry
human resources management (HRM)
strategic alliances
organisational performance
banks
financial services industry
human resources management (HRM)
ANZSRC Field of Research Code (2020)
Citation
Chui, C., Newlands, K. J., , & Du Plessis, A J. (2015, December). Cambodian banking sector experiences of strategic human resources partnerships with business. Paper presented at World Business Finance and Management Conference, WBFAMC Paper 432 (Ed.), Paper delivered at the WBFAMC Conference 14-15 December, Auckland, New Zealand. (pp.12-20)
Abstract
Empirical studies carried out in the field of strategic human resource management suggest that HR strategic partnerships bring positive impacts to business resulting in an improvement in organisational excellence. A survey of the banking industry in Cambodia was carried out using qualitative and quantitative approaches to determine whether or not the current HR strategic partnerships in the business are effective, and, what is the extent of the effectiveness of the partnerships on the organisational performance. The findings of the study revealed that effective HR strategic partnering affects organisational performance positively and that HR strategic partners play an increasingly important role in helping the firm to achieve its business objectives. However current HR leaders could only achieve a moderate extent of HR effectiveness, leaving several areas for improvement which are outlined in the paper.
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