The Effect of Strategic Human Resource Management Practices on Organizational Performance: A Case Study of Commercial Bank of Ethiopia Bole District
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Date
2022-06
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Addis Ababa University
Abstract
The goal of this research was to investigate the impact of strategic human resource strategies on organizational performance at the Commercial Bank of Ethiopia. Vertical integration of HR and the bank's business strategy, consistency and congruence of HRM processes, high quality of employees and internal practices, and overall performance of Commercial Bank of Ethiopia are all evaluated in this regard. Integration of HR with the organization's business plan should be studied in order to maximize service quality and productivity. According to studies, integrating HR with the organizational business plan has a positive impact on organizational performance. This investigation's exploration structure is straightforward and illustrative. A questionnaire was distributed to 222 respondents from the Bole District and CBE branches. The survey used a five-point Likert scale. To investigate the acquired data, illuminating insights such as standard deviation, mean, recurrence, and rate were used. The data was analyzed using correlation analysis (Karl Pearson).The major findings of this study suggested that strategic human resource strategies had a moderate impact on the overall organizational performance of the Commercial Bank of Ethiopia. As a result, in order to enhance the bank's total performance, the Commercial Bank of Ethiopia must improve its strategic human resource practices based on strategic human resource management principles.
Key words: Strategic human resource management, Commercial bank of Ethiopia, Organizational performance