Definition Of Resource Flexibility
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This paper is focused on the development and validation of resource flexibility measures in indian manufacturing industry.
Definition of resource flexibility. Workplace flexibility meets the needs of both the business and its workers. Resource flexibility can be managed in manufacturing systems. The paper is structured as follows. The role of resource flexibility in leveraging strategic resources article in journal of management studies july 2011 impact factor.
Workplace flexibility is a strategy that emphasizes being able and willing to adapt to changing circumstances when it comes to how work gets done. In section 2 the manufacturing flexibility definitions and technological attributes defined by previous literature are reviewed. Functional flexibility reflects an organization s ability to adapt to changing conditions and requirements and is affected by issues such as training management and outsourcing. Workplace flexibility can enhance work life balance for employees leading to greater satisfaction and retention.
How can we define organizational flexibility. In the sense of managing human resources flexibility can be defined as the organisation adapting to size composition responsiveness and the people. There are many definitions for flexibility. Human resource flexibility.
Repec citations 43 reads 174 4 authors including. Functional flexibility flexibility in strategic human resource management theoretical review measurement model 1. Combs university of central florida 63 publications 3 302 citations see profile r. Introduction the importance of flexibility is already reflected in seminal studies as steers 1975 who even proposed to use flexibility as a criterion to assess the effectiveness of organization.
Most interestingly we show that resource flexibility mitigates the underinvestment problem because it reduces the probability that a firm will go bankrupt with some of its capacity being fully utilized. Strategic flexibility is the capability of an organization to respond to major changes that take place in its external environment by committing the resources necessary to respond to those changes. It refers to the ability to develop organize and install human resource system in an organizational set. The ability of an organization to move employees to other duties or responsibilities within the company.
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