Designing a Value Creation Human Resource Model for Customers in the Banking Industry

Document Type : Research Paper

Authors

1 PhD candidate in public administration, Faculty of Humanities, Islamic Azad University of Saveh, Iran

2 Corresponding author: assistant professor of the Faculty of Humanities, Islamic Azad University of Saveh, Iran

3 Assistant professor of the Faculty of Humanities, Islamic Azad University of Saveh, Iran

Abstract

This research aims at designing a value creation human resource model for customers in the banking industry and identifying the relevant components and indicators. Since this is an applied research, it follows an exploratory combined method. The statistical population of the study includes experts of banking industry, with whom 15 interviews regarding human resource were conducted in the qualitative phase with the samples selected through purposeful sampling method. In the quantitative phase, the sampling method was purposive judgment method was selected and a questionnaire was used to collect data. The statistical sample in the quantitative section contained 218 people, including experts, human resource practitioners in the banking industry (Saderat, Mellat, Tejarat, and Refah Kargaran). For the analysis of the qualitative data, the thematic analysis method was used, to be studied in three sections: inclusive themes, organizing themes and basic themes. In the thematic analysis section, 3 comprehensive themes were identified containing 26 organizing themes taken from 70 basic themes. These variables included upholding a customer-oriented organizational culture, relationship between employees and customers, and the participation of key customers in human resource processes. The structural equation method along with Smart PLS.2 software were employed for quantitative data analysis. The results indicated that the research model is of good fitness and all the identified organizing themes significantly explained the comprehensive themes.

Keywords


Afiouni, F., Charlotte, M., Karam and Hussein., El-Hajj (2013),The HR value proposition model in the Arab Middle East: identifying the contours of an Arab Middle Eastern HR model, The International Journal of Human Resource Management ,Vol. 24, No. 10, 1895–1932.
Amit, R,&Belcourt, M, (1999), Management Processes:A Value-Creating Source of Competitive Advantage, European Management.
American society for Human Resource Management, (2008) HR Competencies: Mastery at  People and Business, Published, by Socity for Human Resource Management.
Aughton,P,(2014),Mapping The HR Value Proposition, (2019), www.coursehero.com.
Ahoy, C, (2009), Customer-Driven Operations: Aligning Quality Tools and Business Processes for Customer Excellence, First Edition, New York: McGraw Hill.
Armstrong, M, (2009), Armstrong’s Handbook of Management and Leadership: A Guide to Managing for Results, 2nd Edition, London: Kogan Page.
Baron, A & Armstrong, M,(2007) , Human Capital Management: Achieving Added Value Through People, Londo :Kogan Page Limited.
Cook,S, (2008), Customer Care Excellence, How to Creat an Effective Customer Focus, 5th Edition,London: Kogan page.
Connoly,TR.,et,al, (2009),Transforming Human Resources,Management Review, (2009), pp.10-16.
Grundy, T & Brown, L, (2003),Value-Based Human Resource Strategy:Developing your HR Consultancy role, Elsevier Butterworth-Heinemann.
Homers, G ,(2001) The hybrid manager. Industrial and Commercial Training, 33(1):16-26.
Hop-Hairely, v, Gratton, Mc Govern, P, Stiles, p and TrussA , (1998),Chameleon Function?, London: Transforming HR.Thorogood.
lawler, E., Ulrich, D., FITZ-ENZ, J & Madden,J,C, (2004), Human resource business process outsourcing: Transforming  how hr gets its work done, New York: John Wiley Jossy B