Strategic Human Resource Management In The Oil Sector: A Tale of Multi-National and State Oil Companies

Alishova, Shafa

ISBN 10: 3848488523 / ISBN 13: 9783848488520

Published by LAP LAMBERT Academic Publishing, 2012

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Bibliographic Details

• Title: Strategic Human Resource Management In The Oil Sector: A Tale of Multi-National and State Oil Companies
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2012
• Language: English
• ISBN 10: 3848488523
• ISBN 13: 9783848488520
• Binding: paperback
• Condition: Like New
• Book Type: book

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Synopsis

Human capital, skills and knowledge of individuals is considered essential elements for an effective organizational performance. Researchers indicate that Human Resource Management (HRM) is the most important determinant of organizational success (Schuler, 1992). The growing importance of human resources for organizational success has led to an increasing interest in making personnel management a more integral, strategy-driven activity in organizations. Thus, the most successful companies focus on strategic implementation of human resources practices linked with overall organizational strategy, goals and objectives. This study examines whether SHRM is applied in Azerbaijan. To investigate this study qualitative method of data collection was used to generate the data required to achieve the objectives of the study. Interviews were conducted with Heads of resourcing, Training & Development, Employee Relations at two oil companies. The findings show that SHRM is applied at these companies. Foreign-based company, BP AGT is more experienced in SHRM. However, SOCAR considers the importance of SHRM and differentiates it from administrative HRM or Personnel Management.

About the Author

Shafa Alishova studied MSc in HRM at the University of Manchester. She workes as HR specialist at State Oil Company of Azerbaijan Republic (SOCAR), Baku, Azerbaijan