Strategic Human Resource Leadership Model for Driving Growth, Transformation, and Innovation in Emerging Market Economies

• Author(s): Mayokun Oluwabukola Aduwo ; Adaobi Beverly Akonobi ; Christiana Onyinyechi Okpokwu
• Paper ID: 1710389
• Page: 476-502
• Published Date: 30-04-2019
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 2 Issue 10 April-2019

Abstract

The global economic landscape has witnessed unprecedented shifts in the past two decades, with emerging market economies increasingly becoming focal points of international business strategy and economic development. Within this context, strategic human resource leadership has emerged as a critical determinant of organizational success, particularly in driving sustainable growth, facilitating organizational transformation, and fostering innovation. This comprehensive study examines the development and implementation of strategic human resource leadership models specifically designed for emerging market economies, with particular emphasis on their effectiveness in promoting organizational growth, transformation, and innovation. The research synthesizes extensive literature spanning strategic human resource management, leadership theory, organizational behavior, and emerging market dynamics to propose a comprehensive framework that addresses the unique challenges and opportunities present in developing economies. The study employs a multi-dimensional analytical approach, examining various aspects of strategic human resource leadership including talent acquisition and retention strategies, leadership development programs, performance management systems, organizational culture transformation, and innovation management practices. Key findings indicate that successful strategic human resource leadership models in emerging markets require a delicate balance between global best practices and local contextual adaptation. The research reveals that organizations operating in emerging economies must navigate complex cultural, regulatory, and economic environments while simultaneously building capabilities for sustained growth and innovation. The proposed model incorporates six critical components: strategic alignment of human resource practices with organizational objectives, development of indigenous leadership capabilities, creation of innovation-conducive organizational cultures, implementation of robust talent management systems, establishment of effective change management processes, and development of strategic partnerships with local institutions. The study demonstrates that organizations implementing comprehensive strategic human resource leadership models experience significantly improved performance outcomes across multiple dimensions including employee engagement, retention rates, innovation output, market responsiveness, and financial performance. Furthermore, the research identifies several critical success factors that influence the effectiveness of strategic human resource leadership initiatives in emerging markets, including top management commitment, cultural sensitivity, resource allocation, stakeholder engagement, and continuous learning orientation. The implications of this research extend beyond individual organizational contexts to encompass broader economic development considerations. The findings suggest that strategic human resource leadership models can serve as catalysts for broader economic transformation in emerging markets by developing human capital capabilities, fostering entrepreneurial mindsets, and creating sustainable competitive advantages. The study concludes with practical recommendations for organizations, policymakers, and development agencies seeking to enhance human resource leadership capabilities in emerging market contexts.

Keywords

Strategic human resource leadership, emerging market economies, organizational transformation, innovation management, talent development, growth strategies, leadership models, human capital development

Citations

IRE Journals:
Mayokun Oluwabukola Aduwo , Adaobi Beverly Akonobi , Christiana Onyinyechi Okpokwu "Strategic Human Resource Leadership Model for Driving Growth, Transformation, and Innovation in Emerging Market Economies" Iconic Research And Engineering Journals Volume 2 Issue 10 2019 Page 476-502

IEEE:
Mayokun Oluwabukola Aduwo , Adaobi Beverly Akonobi , Christiana Onyinyechi Okpokwu "Strategic Human Resource Leadership Model for Driving Growth, Transformation, and Innovation in Emerging Market Economies" Iconic Research And Engineering Journals, 2(10)