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http://dx.doi.org/10.9709/JKSS.2013.22.3.055

Analysis of Relative Importance of HR practice Using Data Mining Method: Focus on Manufacturing Companies  

Roh, Jin Soo (한양대학교 일반대학원 경영컨설팅학과)
Baek, Seung Hyun (한양대학교 일반대학원 경영컨설팅학과)
Jeon, Sang Gil (한양대학교 일반대학원 경영컨설팅학과)
Publication Information
Journal of the Korea Society for Simulation / v.22, no.3, 2013 , pp. 55-69 More about this Journal
Abstract
Managers are required to adopt and implement the human resource management practice that fit firm's strategy the most, so that optimize overall performance. However, the time and relative resources that any firm has are limited, which demands managers to understand the relative importance of all sorts of HR practice and promote them in an order of their relative importance. This study follows the universal perspective and contingency perspective(according to firm size and strategy type), try to identify the most effective HR practice on performance as well as their relative importance by "CART Ensemble" analysis. The results are as follows. From universal perspective, firms always need to high level of integration between strategy and HR department, decision making participation, autonomy of speed of working, and autonomy of way of working. Contingency perspective also suggested the importance of integration between HRM and strategy. But others are different case by case. This study suggests useful implications for managers.
Keywords
HR practice; Firm performance; Data Mining; CART; Ensemble;
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