What is vertical and horizontal fit in HRM?

What is vertical and horizontal fit in HRM?

In brief, horizontal fit refers to the coordination among a variety of human resource practices, while vertical fit is concerned more with the compatibility between the HR practice package and the strategy a firm pursues.

What are the basic four types of HR strategies?

These include recruitment, learning & development, performance appraisal, compensation, and succession planning. An example of an HR strategy is an HR mission statement and HR vision, with concrete, high-level actions about how to execute on this mission and vision.

What is horizontal alignment in human resource management?

A company seeks to differentiate its product through superior service and adopts a Bargain Laborer HR strategy. Horizontal alignment: deals with the positioning of an organization’s human resource management strategy in relation to its competitive strategy.

What is vertical integration in simple terms?

Vertical integration refers to the process of acquiring business operations within the same production vertical. A company that opts for vertical integration takes complete control over one or more stages in the production or distribution of a product.

What is a vertical fit?

Vertical fit refers to how the entire HR system (all practices in combination) is aligned with organizational characteristics, such as, the strategy of the organization.

What is horizontal vertical integration?

Horizontal integration and vertical integration are competitive strategies that companies use to consolidate their position among competitors. Horizontal integration is the acquisition of a related business. Vertical integration refers to the process of acquiring business operations within the same production vertical.

What is horizontal and vertical fit?

Horizontal fit refers to the internal consistency of the organisation’s HR policies or practices, and vertical fit refers to the congruence of the HR system with other organisational characteristics such as firm strategy.

What is the importance of SHRM?

Strategic human resource management is the foundation of a strong business because, when properly applied, it ensures that the company as a whole is working together to reach its goals. This gives the business a greater chance to succeed.

What is vertical and horizontal fit?

© Academy of Management Perspectives. Keywords. horizontal fit contingency theory. strategic human resource management. vertical fit.