Article2003

The Future: The Drive for Shareholder Value and Implications for HRD

Gary L. May · John J. Sherlock · Christie Knittel Mabry

15 citations0/0 files storedAdvances in Developing Human Resources

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Human Resource Development and Performance Evaluation Leadership and Management in Organizations Human Resource and Talent Management

Abstract

The problem and the solution. Increasing shareholder pressure for short-term profits was identified as the number one business trend affecting the human resource development (HRD) profession during the ASTD/AHRD (Academy of Human Resource Development) future search conference and the issue most in conflict with HRD values. Subsequent events have thrown the concept of managing businesses based solely on shareholder value into a state of flux. This article examines the concept of shareholder value and suggests ways HRD professionals can and must influence the debate.

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1995THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON TURNOVER, PRODUCTIVITY, AND CORPORATE FINANCIAL PERFORMANCE.2009Evaluating Training Programs : The Four Levels 2001Shareholder value, stakeholder management, and social issues: what's the bottom line?1990Positive Accounting Theory: A Ten Year Perspective.2001The HR Scorecard: Linking People, Strategy, and Performance 1997HR as a source of shareholder value: Research and recommendations 2003Creating Shareholder Value 1997Planning Responsibly for Adult Education: A Guide to Negotiating Power and Interests

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2011Human Resource Development and the Contemporary Challenges of the World 2012Business Impact and ROI: A Proposed Approach to Learning and Development Investment 2014Future Directions for HRD

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