Strategic Human Resource Management

(Barry) #1
Section Two

the employee’s perspective, are that although there is greater
risk and less individual development from participative decision
making, there should be opportunities to develop as a
generalist and acquire new skills as well as the potential for
financial gain.^21 Some of today’s smaller Internet players are
respondent corporations.


Stimulus for Entrepreneurial Businesses


Entrepreneurial firms, medium-sized companies, and small
businesses are accounting for increasing numbers of jobs as
employment accounted for by the largest U.S. corporations has
declined.^22 Some of this growth in jobs may be related to their
role in providing services or manufactured components for
larger companies. In essence, some may be playing the role of
respondent corporations. A study by Donald Hicks of job
creations in the Dallas metropolitan area found that 61 percent
came from new businesses whereas 25 percent came from
existing small companies.^23 Some of the human resource
knowledge base developed for large corporations may not be
directly applicable to quickly responding, lean respondent
corporations and smaller businesses. Nonetheless, recent
literature describes small-business applications of such
managerial innovations as open-book management and team
building. Further, there has been a tendency for some
innovative, smaller companies to decentralize the human

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