No Marshmallows, Just Term Papers
This paper will look at the Strategic Human Resource Management (HRM) model that is involved with the 4 + 2 Strategic Business Model. This model was chosen after comparing it to the Sullivan strategic model. It is felt that the 4 + 2 model is more flexible and has a proven success rate for many businesses.
The reader will find in this paper a description and overview of the chosen model. There will be excerpts of an interview that was conducted for the purposes of this class to show how the theory actually works within the business world. Finally in conclusion these points will be brought together in a cohesive way that showcases the positive outcome that this model brings to the business.
4 + 2 Business Model
Nitin Nohria, William Joyce and Bruce Roberson believe they have hit upon the formula for success. They call it The 4 + 2 Formula for Sustained Business Success.* Who are these people and what makes them think they have hit upon a formula for success? Nitin Nohria is the Dean of the prestigious Harvard Business School. He has been Dean since July of 2010. He has been a member of the faculty since 1988. He is a published author and is sought after as an expert for ABC, NPR, CNN, Business Week and other top news organizations. (Harvard)
William Joyce is not to be confused with Lord Haw-Haw from the 1940’s as a purveyor of Nazi propaganda. The William Joyce that helped to write this book is the Professor of Strategy and Organizational Theory at the Tuck School of Business at Dartmouth College. He has been with the College since 1983. (Dartmouth)
Finally Bruce Roberson was a partner for McKinsey and Company where he worked with management to turn companies around. These three individuals came together with their knowledge and asked the question, “What really works to make a business successful?” Over a ten year period they examined over 200 established management practices being utilized by 160 companies. What they found out...