“From Recruitment to Retention” is an insightful book that delves into the crucial connection between effective human resource management (HRM) practices and employee performance in the pharmaceutical industry. Authored by Nahid Aktar, this comprehensive study offers valuable insights into the strategies employed by Opsonin Pharma Limited (OPL), a renowned pharmaceutical company in Bangladesh, and provides relevant findings applicable to the broader industry.
The book takes a mixed-methods approach, combining surveys and interviews with employees and managers at OPL. This approach allows for a thorough exploration of various HRM practices, including Strategic HRM Change, Building Performance, Human Resource Maintenance, Human Resource Planning, Human Resource Acquisition, and Rewarding Staff. By examining these areas, the author uncovers the significant impact of HRM practices on organizational performance and provides practical recommendations for enhancing human capital management.
One of the book’s notable contributions lies in its exploration of the mediating effect of employee skills on the relationship between HRM practices and organizational effectiveness. The findings highlight the importance of skill development and acquisition within a well-designed HRM system, emphasizing the positive influence this has on overall performance.
Author: Nahid Aktar
Reviewed by: Charu Laskor
Cover: Sumayya Shila
Nahid Aktar demonstrates a keen understanding of the challenges faced by the pharmaceutical industry in a highly competitive and rapidly evolving business landscape. By focusing on Opsonin Pharma Limited as a case study, the book provides context-specific insights while offering transferable knowledge that can benefit other companies operating within the pharmaceutical sector.
Furthermore, “From Recruitment to Retention” presents practical implications for HR practitioners, managers, and researchers. The book not only identifies the key areas for improvement within OPL but also suggests broader implications for HR practice and organizational strategy in the pharmaceutical industry. This makes it a valuable resource for professionals seeking to enhance their HRM practices and achieve strategic objectives.
The book does not shy away from acknowledging its limitations, and it also identifies avenues for future research. This aspect contributes to its academic rigour and encourages further exploration of the intricate relationship between HRM practices, employee skills, and organizational effectiveness.
The cover design by SumayyaShila captures the essence of the book’s subject matter, presenting a visually engaging representation of the HRM journey from recruitment to retention. The publisher, PataProkash, should be commended for their commitment to disseminating this important research, making it accessible to a wide audience of HR practitioners, managers, and researchers.
In conclusion, “From Recruitment to Retention” by Nahid Aktar is a thought-provoking book that offers a comprehensive framework for understanding the link between HRM practices and employee performance in the pharmaceutical industry. Its rich empirical analysis, practical recommendations, and consideration of future research directions make it a valuable resource for anyone interested in enhancing HRM practices and achieving organizational success in today’s competitive business environment.