TY - JOUR TI - Exploring the linkages between strategic capabilities and HRM in the Korean management consulting industry DO - https://doi.org/doi:10.7282/T31N80X3 PY - 2010 AB - In this study, strategic capabilities are proposed as a locus of external fit (i.e., HRM-strategy fit). Then, it is tested whether organizations improve performance through aligning HR practices with intellectual capital of strategic jobs that are crucial to strategic capabilities. Regression analyses of a sample of 46 management consulting firms in South Korea find that legitimizing capability (a strategic capability suggested by this study) improves organizational performance. It is also indicated that both legitimizing capability and organizational performance are increased by the use of (1) a sub-set of HR practices for human capital of senior consultants and (2) a system of HR practices for human capital and social capital of senior consultants. This study contributes to the management literature by illustrating the effectiveness of strategic HRM in relatively new settings (i.e., small organizations, professional service industry, and non-U.S. settings). KW - Industrial Relations and Human Resources KW - Personnel management--Korea (South) KW - Business consultants--Korea (South) KW - Strategic planning--Korea (South) KW - Human capital--Korea (South) LA - eng ER -