The Impact of the Economic Crisis upon Human Resource Development (HRD): Evidence from two Greek Banks

Mitsakis, Fotios V. and Aravopoulou, Eleni (2016) The Impact of the Economic Crisis upon Human Resource Development (HRD): Evidence from two Greek Banks. International Journal of Human Resource Development Practice, Policy and Research, 1 (2). pp. 67-82. ISSN 2397-4583

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Abstract

This study investigates the nature and changes of Human Resource Development (HRD) in two Greek banks under the challenging context of the economic crisis. It examines the latter’s impact upon HRD as it was perceived from different stakeholders and through a pre and ongoing-crisis assessment approach. The study draws upon qualitative research data from two case study banking organisations in Greece, reporting on 76 semi-structured interviews with key stakeholders (HR staff, Bank Managers, employees) undertaken in 2014, six (6) years after the fall of Lehman Brothers. The study contributes to academic knowledge as being the first empirical research offering a unique perspective through examining changes of HRD within a specific industry and national context (Greek banks) against a backdrop of an economic downturn. Its findings also raise important questions for HRD professionals, in both academia and practice in relation to claims and aspirations which prevail in respect of HRD and organisational change and business transformation.

Item Type: Journal Article
Subjects: 300 Social sciences > 301 Sociology & anthropology
School/Department: School of Management and Social Sciences
Depositing User: Eleni Aravopoulou
Date Deposited: 17 Oct 2016 08:31
Last Modified: 22 May 2017 11:48
URI: http://research.stmarys.ac.uk/id/eprint/1244

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