The 5 P's Model from Dr. Mildred Golden Pryor, J. Chris White, and Dr. Leslie A. Toombs is a Strategic Management model which requires the alignment of 5 variables to improve organizations and their operations: Purpose, Principles, Processes, People, and Performance. Show
For an organization to be efficient and effective, socio-technical organizational theories suggest that all of the 5 variables must be aligned. So that they support and reinforce each other. Incongruence or incompatibility among the variables expends unnecessary time, energy and money. Also it can lead to high levels of frustration, feelings of helplessness, and dissatisfaction for employees. The 5 variables exist in all organizations. Origin of the 5 P's Model. HistoryThe 5 P's Model was developed by Pryor, Toombs, and White for their book, Strategic Quality Management and for use at their respective places of employment. The originators of the 5 P's Model studied under Dr. W. Edwards Deming, Dr. Joseph Juran, Dr. Peter Senge, and other well known experts. Usage of the 5 P's Model. ApplicationsSteps in the 5 P's Model. ProcessThe following steps are a simplified description. See the Strategic Quality Management book for details.
Strengths of the 5 P's Model. Benefits
Limitations of the 5 P's Model. DisadvantagesBook: Dr. Mildred Golden Pryor, J. Chris White, and Dr. Leslie A. Toombs - Strategic Quality Management, A Strategic Systems Approach to Continuous Improvement
Compare with the 5 P's Model: Ashridge Mission Model | 7-S Framework | Baldrige Award | Strategic Intent | 4 P's Model | Five Disciplines | VMOST Return to Management Hub: Change & Organization | Strategy & Innovation | Supply Chain & Quality More on Management
The most familiar models defining what HRM is and how it operates are the 6 models, today we will overview about 5 Ps Of HRMthese six models are :The 5-Ps model of HRM :As formulated by Schuler (1992) the 5-P model of HRM describes how HRM operates under the five headings of: 1. HR philosophy – a statement of how the organization regards its human resources, the role they play in the overall success of the business, and how they should be treated and managed.2. HR policies – these provide guidelines for action on people-related business issues and for the development of HR programmes and practices based on strategic needs.3. HR programs – these are shaped by HR policies and consist of coordinated HR efforts intended to initiate and manage organizational change efforts prompted by strategic business needs.4. HR practices – these are the activities carried out in implementing HR policies and programmes. They include resourcing, learning and development, performance and reward management, employee relations and administration.5. HR processes – these are the formal procedures and methods used to put HR strategic plans and policies into effect.Interested More Articles Click Here [vfb id=7] |