Human Resource Strategies for the High Growth Entrepreneurial Firm
A volume in the series: Research in Human Resource Management. Editor(s): Dianna L. Stone, Universities of New Mexico, Albany, and Virginia Tech. James H. Dulebohn, Michigan State University.
This volume not only illustrates the research that is being done in the area of human resources in entrepreneurial firms but it raises many issues that exemplify the complexity of the topic. It is not a case of small versus large firms. There are small established firms, small start-up firms and small high growth firms. As pointed out by Alvarez and Molloy these firms differ with established firms dealing with risk while high growth firms deal with uncertainty. These firms vary in ownership based on family ownership, ownership by founder, or some type of privately held stock ownership. These firms also vary based on how they handle people issues: structure versus lack of structure; the traditional HR functional approach versus the use of people management practices; person-job fit versus person- organization fit; ability and work experience versus integrity and conscientiousness; work processes and bureaucracy versus agility and adaptability; tasks versus roles; in-house professionals versus reliance on third-party vendors; traditional pay versus variable pay; short-term orientation of incentives versus long-term orientation of incentives; and many more.
Acknowledgments. Introduction, Judith W. Tansky and Robert Heneman. Why Human Resource Management Differs in Entrepreneurial and Established Firms: Theoretical Foundations, Sharon A. Alvarez and Janice C. Molloy. Toward an Understanding of Strategic Human Resource Management in Entrepreneurial Firms: Opportunities for Research and Action, Roshni M. Goswami, Gary C. McMahan, and Patrick M. Wright. Human Capital Management Practices and Performance in Small and Medium Sized Enterprises: A Conceptual Framework, James C. Hayton. To Hire or Not to Hire? Implications of Alternative Staffing Models for Emerging Organizations, Melissa S. Cardon and Paul Tolchinsky. The Hiring Challenge: Recruitment in Small Firms, Alison E. Barber. Performance Management in Small and High Growth Companies, Robert L. Cardy and Janice S. Miller. Compensation Strategy in New Ventures, David Balkin and Michele Swift. HR and the High-Growth SME: The Role of Professional Employer Organizations, Brian Klaas, John McClendon, Tom Gainey, and Hyeuksueng Yang. Minority and Majority Truck-Owner Operators: Entrepreneur or Galvanized Employees, Dale Belman and Ellen Ernst Kossek. Human Resource Management in Small Firms: Evidence From Growing Small Firms in Australia, Susan Mayson and Rowena Barrett. Entrepreneurship and Human Resources: Directions for Future Research, Brian S. Klaas and Malayka Klimchak. About the Authors.
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