A review of human resource development trends and practices in Australia: multinationals, locals, and responses to economic turbulence

Peter McGraw

Research output: Contribution to journalReview articleResearchpeer-review

Abstract

The Problem: The evolution of human resource development (HRD) practices in Australian-based organizations has been the focus of only limited rigorous longitudinal research. Consequently, HRD practitioners lack data on key trends against which to position their own initiatives. The Solution: This article outlines, analyzes, and comments on the pattern of HRD from the mid-1990s to the present day with reference to economic turbulence and responses to it, especially since the beginning of the global financial crisis in 2007. The central themes of the review are the emergence of more "performance"-oriented approaches toward HRD assessment and evaluation, the HRD practices of multinational companies (MNCs) operating in Australia compared with locally owned organizations, and HRD practices within foreign owned MNCs from different home countries. Data for the article is drawn primarily from the analysis of three iterations of the Cranfield Network on International Human Resource Management (CRANET) Australia survey from the years 1996, 1999, and 2009. The Stakeholders: Practical lessons are drawn from the review concerning the current focus on reactive, performance-oriented, short-term HRD practices and the neglect of more strategic long-term HRD initiatives. The results will be of interest to researchers, policymakers, and HR practitioners.

LanguageEnglish
Pages92-107
Number of pages16
JournalAdvances in Developing Human Resources
Volume16
Issue number1
DOIs
Publication statusPublished - Feb 2014

Fingerprint

Human resource development
Economics
Multinationals
Turbulence
Multinational companies
Home country
International human resource management
Longitudinal research
Neglect
Politicians
Stakeholders
Global financial crisis
Evaluation

Keywords

  • Australia
  • economic turbulence
  • human resource development
  • multinational companies

Cite this

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A review of human resource development trends and practices in Australia : multinationals, locals, and responses to economic turbulence. / McGraw, Peter.

In: Advances in Developing Human Resources, Vol. 16, No. 1, 02.2014, p. 92-107.

Research output: Contribution to journalReview articleResearchpeer-review

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