1. The effective execution of human resource best practices is more critical to organizational success than are considerations of strategy.
2. “Hire for attitude; train for skills,” reflects the Bargain Laborer HR strategy employed by The Walt Disney Company.
3. For all organizations, minimizing turnover creates a competitive advantage through human resources.
4. The alignment of human resource practices is achieved by focusing on the relationships between human resources best practices.
5. Research studies support the value of vertical alignment for organizational success.
6. Organizations with human resource strategies that emphasize developing long-term relationships with highly skilled employees have been shown to be more effective than their competitors because they create more new products and services.
7. Horizontal alignment refers to the fit of practices within the organization.
8. Organizations with consistent bundles of human resource practices have been found to be more effective than firms without consistent practices.
9. An organization that has a selection process that focuses on hiring team players and employs a competitive merit pay performance appraisal process will be highly productive because it has horizontal alignment of its practices.
10. The Bargain Laborer HR strategy focuses on internal labor markets because promoting from within is less costly and helps minimize labor costs.