Publication Type
Journal Article
Version
submittedVersion
Publication Date
1-2015
Abstract
Through two separate studies involving 47 interviews inside 22 institutions in the capital markets and investment banking sector, we explore the levels of influence and sources of credibility for senior HR professionals, and examine the challenges they face in establishing credibility. We compare these findings against previous research, which has identified several determinants of HR's influence and credibility. Our findings confirm that HR's modest influence is contingent on the predispositions and convictions of key stakeholders, notably the CEO, but also depends on the decision being taken. We find that the basis for senior HR professionals' credibility is more individual than institutional, and that HR professionals and senior business managers differ in the priorities they assign to credibility determinants. Finally, the studies illuminate an enduring inherent tension for HR in establishing credibility, between servicing their internal clients' needs and retaining a level of independence. We reflect upon the transient nature of HR credibility in this sector and others.
Keywords
Trust, HRBPs, Credibility, Qualitative research methodology, Organizational politics, Top management teams, Strategic HR
Discipline
Finance and Financial Management | Human Resources Management | Organizational Behavior and Theory
Research Areas
Organisational Behaviour and Human Resources
Publication
Human Resource Management
Volume
54
Issue
1
First Page
105
Last Page
130
ISSN
0090-4848
Identifier
10.1002/hrm.21626
Publisher
Wiley: 24 months
Citation
ALDRICH, Paul; DIETZ, Graham; CLARK, Timothy Adrian Robert; and HAMILTON, P.eter.
Establishing HR professionals' influence and credibility: Lessons from the capital markets and investment banking sector. (2015). Human Resource Management. 54, (1), 105-130.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/6327
Copyright Owner and License
Authors
Additional URL
https://doi.org/10.1002/hrm.21626
Included in
Finance and Financial Management Commons, Human Resources Management Commons, Organizational Behavior and Theory Commons