ROLE OF STRATEGIC HUMAN RESOURCE MANAGEMENT ON ACQUISITIONS & MERGERS AT FAYSAL BANK

Abstract

Purpose- The research was conducted to measure the Role of Strategic Human Resource Management (SHRM) on acquisitions and mergers in ‘Faysal Bank’. Methodology/sample- The research study consists of use of quantitative; we collect data in shape of statistical information, analyze it and then present its findings. In the research study Strategic human resource management (SHRM) is taken as independent variable and acquisition as dependent variable. The study involved use of questionnaires filled by 50 respondents of Faysal Bank belonging to middle and top management level. The respondents were of different ages, have different work experience, and were on different designations and of different departments. To analyze the data, Correlation tests and one sample test was applied. Data was collected from Head Office and different branches of Faysal Bank located in Karachi. The statistical software SPSS 20 was used for the analysis of data. Findings- The research study suggests that Strategic human resource management SHRM) has positive role on acquisitions and mergers. The challenges associated with acquisition and mergers become easier if quality strategic human resource management practices are applied. Practical Implications- The outcomes of the research study might help the banking sector as well as other organizations when they go through acquisition and merger or when plan to go for it, as this study shows the positive role of strategic human resource management (SHRM) activities on acquisitions and mergers.