HOW CONTEMPORARY MANAGEMENT APPROACHES INFLUENCE ORGANIZATIONAL PERFORMANCE: THE MODERATING ROLE OF STRATEGIC HUMAN RESOURCE MANAGEMENT

Abstract

In its turn, this research article examines the role that modern management methods play in organizational performance, and the moderating role of Strategic Human Resource management (SHRM). is also paid special attention. Based on the secondary data on the topic of study, comprised of scholarly articles of peer-reviewed academic journals, reputable books and industry reports, the study assembles the existing theoretical and empirical knowledge to provide an explanation on the role played by modern management practices in organizational success. These results indicate that Total Quality Management, lean management, agile practices, and knowledge management, in general, positively affect key performance metrics, such as productivity, profitability, innovation, and employee engagement. But such positive effects are not enjoyed equally by all organizations. Rather, they have been mostly reliant on the effectiveness of human resource management being in tandem with organizational strategy. Even modern management practices are enhanced through SHRM to enable the personnel to develop their abilities and to encourage the favorable organization cultures as well as reduce resistance to change. On the whole, the research paper emphasizes that management innovation should be closely connected with strategic HR practices in order to make sure that sustainable organizational performance is guaranteed.