Abstract
This study develops an HRM-capability-performance model. Applying this model to the management consulting context, legitimizing capability and senior management consultants (SMCs) are theoretically derived as a strategic capability and a strategic job that an HR system focuses on for organizational effectiveness. Regression analyses of a sample of 46 management consulting firms in South Korea find that legitimizing capability improves firm performance. Both legitimizing capability and firm performance are also found to be increased by (1) a sub-set of HR practices for SMCs' human capital and (2) a system of HR practices for their human capital and social capital.
Original language | English |
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Pages (from-to) | 126-146 |
Number of pages | 21 |
Journal | International Journal of Human Resource Management |
Volume | 23 |
Issue number | 1 |
DOIs | |
State | Published - Jan 2012 |
Keywords
- external fit
- intellectual capital
- management consulting firms
- strategic capabilities
- strategic human resource management
- strategic jobs