Best Fit vs Best Practice

Meaning of Best Fit and Best consecrate The terms best foregather and best practice are apply in strategic human resource management literature. The best fit approach refers to the crocked using human resources management (HRM) to their particular strategies and adapting to the star signs condition and the environment referring to workforce character and business dodge. With the exercising of the Best Fit Approach the SHRM can become more than conciliatory to the response change of the organizational life cycle start-up, growth, maturity and reclamation/decline.For example, Met Wholesale had chosen low cost strategy to sustain its pose in merchandise industry. Thereby under this approach supportive HR practices like employing part-timers, fresh graduates, and by applying training systems give be applied. The consequent will be that the operation cost will be decrease and they will achieve its goal. On the other hand the Best course session approach speculate that on tha t point is a exact set of HR practices that are applied in almost any organization linguistic context which helps in the increase in performance to deliver outcomes which may be valuable for all stakeholders particularly employees.It is based on the idea that there is a set of best HRM practices and its application will help to superior organization performance. This practice could be source from other competitors successful strategy. For example, emphasizing the enhancement of employees abilities or knowledge and skills through dandy recruitment and strong training. Another can be through incentives and a reward system the self-colored can place emphasis for make desired behaviour.Also, by better trained and motivated employees they would have more contribution of ideas and participation. What separates the two approaches, is that the Best Fit relates to firms competitive strategy where the SHRM will be designed according to the firms condition and the environment, where as for Best Practice, the firm is able to refer other firms successful strategy or general best practice model to improve the firm itself.