FEATURES OF FORMING HR-STRATEGY IN BANKING INSTITUTIONS AT THE MODERN STAGE
Journal Title: Ринкова економіка: сучасна теорія і практика управління - Year 2016, Vol 15, Issue 2
Abstract
HR strategy is a set of specific methods and techniques that allow managers to man¬age human resources in an organization effectively. It is important to note that there are no universal rules and procedures that are equally suitable for different enterprises, so hr-man¬agement of the bank at the present stage acts as a certain system of general recommendations. The effectiveness of the entire financial institution’s activity depends on how well and efficiently hr-management and especially hr-strategy were organized in the bank. That is why special attention should be paid to the formation of a hr-strategy. Regularly and clearly formulated strategy of human resources management will enable the bank to pro¬vide itself with one of the most important components of the organizations’ competitive¬ness at the present stage – a competent, adaptive staff, which should be considered as a long-term investment in the company’s success the at all stages of its life cycle. The individual specificity of the bank’s staffing strategy is determined by the fol¬lowing factors: (1) mission of the bank; (2) social values of the leadership in the bank; (3) level of the regional labor market’s development; (4) current opportunities for financing this direction; (5) bank’s image at the market; (6) effectiveness of the hr-service as a me¬thodical center in the context of the staff direction. The main objectives of the bank’s hr-strategy are (1) a prompt and full satisfac¬tion of the needs in labor resources of the required level of qualification and specialization; (2) creation of organizational, psychological, economic conditions for disclosing the labor potential of the bank’s employees; (3) formation of “corporate spirit” relations in the work collective as prerequisites for responsibility and loyalty of all employees’ categories. Thus, the focus of hr-strategy lies with the specific intentions of the organiza¬tion regarding the implementation of the necessary actions and changes. The range of this strategy issues includes providing the organization with the necessary personnel, training, motivation, reward system, flexibility, teamwork and stable labor relations.
Authors and Affiliations
V. I. Borshch, A. A. Feshchenko
Keywords
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