People as a source of competitive advantage during recruitment and retention of senior managers in financial services sectors in Laos
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Other Title
Authors
Du Plessis, Andries
Sumphonphakdy, Suksamon
Sumphonphakdy, Suksamon
Author ORCID Profiles (clickable)
Degree
Grantor
Date
2016-06
Supervisors
Type
Journal Article
Ngā Upoko Tukutuku (Māori subject headings)
Keyword
Lao PDR
banks
financial sector
senior management
recruitment
retention
human resources management (HRM)
banks
financial sector
senior management
recruitment
retention
human resources management (HRM)
ANZSRC Field of Research Code (2020)
Citation
Du Plessis, A.J., & Sumphonphakdy, S. (2016). People as a Source of Competitive Advantage During Recruitment and Retention of Senior Managers in Financial Services Sectors in Laos. International Journal of Innovation and Economic Development, Volume 2, Issue 2, June, pp.7 – 14. doi:DOI: 10.18775/ijied.1849-7551-7020.2015.22.2001
Abstract
The focus of the paper is to identify the importance of recruiting and retaining senior management in the banking industry in Laos. Both quantitative and qualitative research methods were adopted to collect data from three banks in Laos.
Interview section: the questions were to explore the understanding of concepts of HRM, perspectives towards HRM about recruitment and retention.
Questionnaire section: part one – demographics data, part two attitudes towards HRM processes recruitment and retention.
Findings: HRM plays a critically important role in banks in keeping their competitive advantage; lack of development and implementation of HRM practices and policies to recruit and retain the right people.
Publisher
Inovatus Usluge Ltd.
Permanent link
Link to ePress publication
DOI
DOI: 10.18775/ijied.1849-7551-7020.2015.22.2001
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Authors
Copyright notice
This work is licensed under a Creative Commons Attribution 4.0 International License.
Attribution-NonCommercial-NoDerivs 3.0 New Zealand
Attribution-NonCommercial-NoDerivs 3.0 New Zealand