Talent and time together: The impact of human capital and overlapping tenure on unit performance

Personnel Review

Volumn 41, Issue 4, 2012, Pages 408-427

  Harris, Christopher M ^a   Mcmahan, Gary C ^b   Wright, Patrick M ^c  

^a TILBURG UNIVERSITY   (Netherlands)

^b UNIVERSITY OF TEXAS AT ARLINGTON   (United States)

^c Department of Obstetrics Gynecology   (United States)

Author keywords

Human capital; Human resource strategies; Performance; Relationship stability; Retention; Sports

Indexed keywords

EID: 84861804969     PISSN: 00483486     EISSN: None     Source Type: Journal    
DOI: 10.1108/00483481211229357     Document Type: Article

References (76)

1. Andrews, K.R. (1971), The Concept of Corporate Strategy, Dow Jones-Irwin, Homewood, IL.
2. Argote, L., Beckman, S.L. and Epple, D. (1990), “The persistence and transfer of learning in industrial settings”, Management Science, Vol. 36, pp. 140-54.
3. Arthur, J.B. (1994), “Effects of human resource systems on manufacturing performance”, Academy of Management Journal, Vol. 37, pp. 670-87.
4. Barney, J. (1991), “Firm resources and sustained competitive advantage”, Journal of Management, Vol. 17, pp. 99-120.
5. Barney, J. and Wright, P.M. (1998), “On becoming strategic partner: the role of human resources in gaining a competitive advantage”, Human Resource Management, Vol. 37, pp. 31-46.
6. Baum, J.A. and Ingram, P. (1998), “Survival-enhancing learning in the Manhattan hotel industry”, Management Science, Vol. 44, pp. 996-1016.
7. Becker, G.S. (1962), “Investment in human capital: a theoretical analysis”, The Journal of Political Economy, Vol. 70 No. 55, pp. 9-49.
8. Becker, G.S. (1965), Human Capital, University of Chicago Press, Chicago, IL.
9. Berman, S.L., Down, J. and Hill, C.W.L. (2002), “Tacit knowledge as a source of competitive advantage in the National Basketball Association”, Academy of Management Journal, Vol. 48, pp. 13-31.
10. Burt, R.S. (1992), Structural Holes: The Social Structure of Competition, Harvard University Press, Cambridge, MA.
11. Carmeli, A. and Schaubroeck, J. (2005), “How leveraging human resource capital with its competitive distinctiveness enhances the performance of commercial and public organizations”, Human Resource Management, Vol. 44, pp. 391-412.
12. Clement, R.C. and McCormick, R.E. (1989), “Coaching and team production”, Economic Inquiry, Vol. 27, pp. 287-304.
13. Combs, J.G., Liu, Y., Hall, A.T. and Ketchen, D.J. (2006), “Do high performance work practices matter? A meta-analysis of their effects on organizational performance”, Personnel Psychology, Vol. 59, pp. 501-28.
14. Delery, J.E. and Doty, D.H. (1996), “Modes of theorizing in strategic human resource management: tests of universalistic, contingency, and configurational performance predictions”, Academy of Management Journal, Vol. 39, pp. 802-35.
15. Dirks, K.T. (2000), “Trust in leadership and team performance: evidence from NCAA basketball”, Journal of Applied Psychology, Vol. 85 No. 6, pp. 1004-12.
16. Frank, R. and Cook, P. (1995), The Winner-Take-All Society, The Free Press, New York, NY.
17. Goodall, A., Kahn, L. and Oswald, A. (2008), “Why do leaders matter? The role of expert knowledge”, available at: www.ilr.cornell.edu/news/upload/GoodallKahnOswaldBasketball_June_2008.pdf.
18. Groysberg, B., Nanda, A. and Nohira, N. (2004), “The risky business of hiring stars”, Harvard Business Review, May/June, pp. 1-8.
19. Harrison, D.A., Mohammed, S., McGrath, J.E., Florey, A.T. and Vanderstoep, S.W. (2003), “Time matters in team performance: effects of member familiarity, entrainment, and task discontinuity on speed and quality”, Personnel Psychology, Vol. 56, pp. 633-69.
20. Hitt, M.A., Lee, H. and Yucel, E. (2002), “The importance of social capital to the management of multinational enterprises: relational networks among Asian and Western firms”, Asia Pacific Journal of Management, Vol. 19, pp. 353-72.
21. Hitt, M.A., Bierman, L., Shimizu, K. and Kochhar, R. (2001), “Direct and moderating effects of human capital on strategy and performance in professional service firms: a resource-based perspective”, Academy of Management Journal, Vol. 44 No. 1, pp. 13-28.
22. Huselid, M.A. (1995), “The impact of human resource management practices on turnover, productivity, and corporate financial performance”, Academy of Management Journal, Vol. 38, pp. 635-72.
23. Kahn, L.M. (1993), “Managerial quality, team success, and individual player performance in Major League Baseball”, Industrial and Labor Relations Review, Vol. 46, pp. 531-47.
24. Leana, C. and Van Buren, H. (1999), “Organizational social capital and employment practices”, Academy of Management Review, Vol. 24, pp. 538-55.
25. Lopez-Cabrales, A., Valle, R. and Herreo, I. (2006), “The contribution of core employees to organizational capabilities and efficiencies”, Human Resource Management, Vol. 45, pp. 81-109.
26. Luo, Y. (2001), “Antecedents and consequences of personal attachment in cross-cultural cooperative ventures”, Administrative Science Quarterly, Vol. 46, pp. 177-201.
27. MacDuffie, J.P. (1995), “Human resource bundles and manufacturing performance: organizational logic and flexible production systems in the world auto industry”, Industrial and Labor Relations Review, Vol. 48, pp. 197-221.
28. Nahapiet, J. and Ghoshal, S. (1998), “Social capital, intellectual capital, and the organizational advantage”, Academy of Management Review, Vol. 23, pp. 242-66.
29. Ng, T.W., Eby, L.T., Sorensen, K.L. and Feldman, D.C. (2005), “Predictors of objective and subjective career success: a meta-analysis”, Personnel Psychology, Vol. 58, pp. 367-408.
30. Pelled, L.H., Eisenhardt, K.M. and Xin, K.R. (1999), “Exploring the black box: an analysis of work group diversity, conflict, and performance”, Administrative Science Quarterly, Vol. 44, pp. 1-28.
31. Ployhart, R.E., Weekley, J.A. and Baughman, K. (2006), “The structure and function of human capital emergence: a multilevel examination of the ASA model”, Academy of Management Journal, Vol. 49, pp. 661-77.
32. Ployhart, R.E., Weekley, J.A. and Ramsey, J. (2009), “The consequences of human resource stocks and flows: a longitudinal examination of unit service orientation and unit effectiveness”, Academy of Management Journal, Vol. 52, pp. 996-1015.
33. Porter, P.K. and Scully, G.W. (1982), “Measuring managerial efficiency: the case of baseball”, Southern Economic Journal, Vol. 48, pp. 642-50.
34. Rentsch, J.R. and Klimoski, R.J. (2001), “Why do great minds think alike? Antecedents of team member schema agreement”, Journal of Organizational Behavior, Vol. 22, pp. 107-20.
35. Rivals (2008), available at: www.rivals.com/content.asp?CID=36178 (accessed 5 June 2008).
36. Subramaniam, M. and Youndt, M.A. (2005), “The influence of intellectual capital on the types of innovative capabilities”, Academy of Management Journal, Vol. 48, pp. 450-63.
37. Takeuchi, R., Lepak, D., Wang, H. and Takeuchi, K. (2007), “An empirical examination of the mechanisms mediating between high-performance work systems and the performance of Japanese organizations”, Journal of Applied Psychology, Vol. 92, pp. 1069-83.
38. Timmerman, T.A. (2005), “Missing persons in the study of groups”, Journal of Organizational Behavior, Vol. 26, pp. 21-36.
39. Wegner, D.M. (1986), “Transactive memory: a contemporary analysis of the group mind”, in Mullen, B. and Goethals, G.R. (Eds), Theories of Group Behavior, Springer, New York, NY, pp. 185-205.
40. Wright, P.M., McMahan, G.C. and McWilliams, A. (1994), “Human resources and sustained competitive advantage: a resource-based perspective”, International Journal of Human Resource Management, Vol. 5, pp. 301-26.
41. Wright, P.M., Smart, D.L. and McMahan, G.C. (1995), “Matches between human resources and strategy among NCAA basketball teams”, Academy of Management Journal, Vol. 38, pp. 1052-74.
42. Barrick, M.R., Bradley, B.H., Kristof-Brown, A.L. and Colbert, A. (2007), “The moderating influence of top management team interdependence: implications for real teams and working groups”, Academy of Management Journal, Vol. 50, pp. 544-57.
43. Barrick, M.R., Stewart, G.L., Neubert, M.J. and Mount, M.K. (1998), “Relating member ability and personality to work-team processes and team effectiveness”, Journal of Applied Psychology, Vol. 83, pp. 377-91.
44. Becker, B.E. and Huselid, M.A. (2006), “Strategic human resources management: where do we go from here?”, Journal of Management, Vol. 32, pp. 898-925.
45. Bell, S.T. (2007), “Deep-level composition variables as predictors of team performance: a meta-analysis”, Journal of Applied Psychology, Vol. 92, pp. 395-415.
46. Boecker, W. (1997), “Strategic change: the influence of managerial characteristics and organizational growth”, Academy of Management Journal, Vol. 40, pp. 152-70.
47. Bowen, D. and Lawler, E. (1992), “The empowerment of service workers: what, why, how, and when”, Sloan Management Review, Vol. 33, pp. 31-9.
48. Carpenter, M.A., Geletkanycz, M.A. and Sanders, W.G. (2004), “Upper echelons research revisited: antecedents, elements, and consequences of top management team composition”, Journal of Management, Vol. 30, pp. 749-78.
49. Deher, G.F. and Bretz, R.D. (1991), “Cognitive ability and career attainment: moderating effects of early career success”, Journal of Applied Psychology, Vol. 76, pp. 392-7.
50. Delery, J.E. and Shaw, J. (2001), “The strategic management of people in work organizations: review, synthesis, and extension”, in Ferris, G. and Martocchio, J (Eds), Research in Personnel and Human Resource Management, Vol. 20, pp. 165-97.
51. Gupta, A.K. and Govindarajam, V. (1984), “Business unit strategy, managerial characteristics, and business unit effectiveness at strategy implementation”, Academy of Management Journal, Vol. 27, pp. 25-41.
52. Guthrie, J.P. (2001), “High involvement work practices, turnover, and productivity: evidence from New Zealand”, Academy of Management Journal, Vol. 44, pp. 180-90.
53. Hatch, N.W. and Dyer, J.H. (2004), “Human capital and learning as a course of sustainable competitive advantage”, Strategic Management Journal, Vol. 25, pp. 1155-78.
54. Ichniowski, C., Shaw, K. and Prennushi, G. (1994), “The effects of human resource management practices on productivity: a study of steel finishing lines”, American Economic Review, Vol. 97, pp. 291-313.
55. Ireland, R.D., Hitt, M.A. and Vaidyanath, D. (2002), “Alliance management as a source of competitive advantage”, Journal of Management, Vol. 28, pp. 413-46.
56. Johnson, R.A., Hoskisson, R.E. and Hitt, M.A. (1993), “Board of director involvement in restructuring: the effects of board versus managerial controls and characteristics”, Strategic Management Journal, Vol. 14, pp. 33-50.
57. Keller, R.T. (2006), “Transformational leadership, initiating structure, and substitutes for leadership: a longitudinal study of research and development project team performance”, Journal of Applied Psychology, Vol. 91, pp. 202-10.
58. Kerr, S. and Jermier, J.M. (1978), “Substitutes for leadership: their meaning and measurement”, Organizational Behavior and Human Performance, Vol. 22, pp. 375-403.
59. Kogut, B. and Zander, R. (1996), “What firms do? Coordination, identity, and learning”, Organization Science, Vol. 7, pp. 502-18.
60. Lado, A.A. and Wilson, M.C. (1994), “Human resource systems and sustained competitive advantage: a competency-based perspective”, Academy of Management Review, Vol. 19, pp. 699-727.
61. Lepak, D.P. and Snell, S.A. (1999), “The human resource architecture: toward a theory of human capital allocation and development”, Academy of Management Review, Vol. 24, pp. 31-48.
62. McMahan, G.C., Virick, M. and Wright, P.M. (1999), “Alternative theoretical perspectives for strategic human resource management: progress, problems, and prospects”, Research in Personnel and Human Resource Management, Supplement 4, pp. 88-122.
63. Nelson, R. and Winter, S. (1982), An Evolutional Theory of Economic Change, Harvard University Press, Cambridge, MA.
64. Pfeffer, J. (1994), Competitive Advantage through People, Harvard Business School Press, Boston, MA.
65. Ployhart, R.E. (2004), “Organizational staffing: a multilevel review, synthesis, and model”, in Martocchio, J. (Ed.), Research in Personnel and Human Resource Management, Vol. 23, JAI Press, Westport, CT, pp. 121-76.
66. Schmidt, F.L., Hunter, J.E. and Pearlman, K. (1981), “Task differences and validity of aptitude tests in selection: a red herring”, Journal of Applied Psychology, Vol. 66, pp. 166-85.
67. Snell, S.A. and Dean, J.W. (1992), “Integrated manufacturing and human resources management: a human capital perspective”, Academy of Management Journal, Vol. 35, pp. 467-504.
68. Steffy, B. and Mauer, S. (1988), “Conceptualizing and measuring the economic effectiveness of human resource activities”, Academy of Management Review, Vol. 13, pp. 271-86.
69. Steiner, I.D. (1972), Group Process and Productivity, Academic Press, New York, NY.
70. Sutcliffe, K.M. (1994), “What executives notice: accurate perceptions in top management teams”, Academy of Management Journal, Vol. 37, pp. 1360-78.
71. Uzzi, B. (1996), “The sources and consequences of embeddedness for the economic performance of organizations: the network effect”, American Sociological Review, Vol. 61, pp. 674-98.
72. Wernerfelt, B. (1984), “A resource based view of the firm”, Strategic Management Journal, Vol. 5, pp. 171-80.
73. Wright, P.M. and McMahan, G.C. (1992), “Theoretical perspectives for strategic human resource management”, Journal of Management, Vol. 18, pp. 295-320.
74. Wright, P.M., Dunford, B.B. and Snell, S.A. (2001), “Human resources and the resource based view of the firm”, Journal of Management, Vol. 27, pp. 701-21.
75. Wright, P.M., Gardner, T.M., Moynihan, L.M. and Allen, M.R. (2005), “The relationship between HR practices and firm performance: examining causal order”, Personnel Psychology, Vol. 58, pp. 408-46.
76. Wright, P.M., McCormick, B., Sherman, W.S. and McMahan, G.C. (1999), “The role of human resource practices in petro-chemical refinery performance”, International Journal of Human Resource Management, Vol. 10, pp. 551-71.