Sustainable human resource strategy

Abstract

Sustainable human resource (HR) strategies could help companies manage their human resources HRs to achieve “net optimality” of companies' objectives as well as a stable community. Using a theoretical model, an attempt is made to explain the “externality” of retrenchment and highlight the need for sustainable HR strategies to achieve the “unitary economics” of human life. Further, the sustainable benefit of HR conservation and HR recuperation in understanding the HR asset, and how this can be used in reducing the externality effect of retrenchment and downsizing strategies on the social and emotional web of the community is discussed.

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