2018
DOI: 10.1177/0143831x18772356
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Sources of decline, turnaround strategy and HR strategies and practices: The case of Iberia Airlines

Abstract: This study investigates the coevolution of the sources of decline, the turnaround strategy and the human resource strategy (HRS) at Iberia Airlines, together with the influence of employee responses to these strategies. The analysis of several moments of organisational decline at Iberia, comparing measures adopted in pre- and post-financial crisis periods, shows that, in a sector experiencing a fiercely competitive transformation that negatively affects established companies, the use of downsizing in an organi… Show more

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Cited by 11 publications
(16 citation statements)
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References 73 publications
(99 reference statements)
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“…For example, it might be advisable to discuss the causes of decline, before, e.g., firing people or introducing new H.R. strategies or practices ( Arogyaswamy et al, 1995 ; Santana et al, 2017 , 2019 ). The retrenchment–recovery interrelation, thus, highlights the challenge of developing strategic and operational actions at the same time, which is highlighted in Fig.…”
Section: Theories Of Long-term Planning In Times Of Environmental Uncmentioning
confidence: 99%
“…For example, it might be advisable to discuss the causes of decline, before, e.g., firing people or introducing new H.R. strategies or practices ( Arogyaswamy et al, 1995 ; Santana et al, 2017 , 2019 ). The retrenchment–recovery interrelation, thus, highlights the challenge of developing strategic and operational actions at the same time, which is highlighted in Fig.…”
Section: Theories Of Long-term Planning In Times Of Environmental Uncmentioning
confidence: 99%
“…The term "economic crisis" is used to describe a severe recession in the economy, where production and services in the economy (GDP) shrink in real terms for two consecutive quarters in more than one industry [12]. The organisational decline is very similar and has been defined as a decline in the main organisational figures, such as return on assets, for two or three years [13]. General consequences of economic recession and organisational decline are reduced economic growth, rising unemployment, private-sector debt reduction, and public organisation deficits and debts [4,12].…”
Section: Economic Crisis and Hrmmentioning
confidence: 99%
“…Personnel collective efforts will allow to look at the situation from different angles, provide internal diversity and thereby expand the potential choice of strategic responses. Staff is the driving force of the organization, so in a highly competitive environment, organizations need to apply a human resource management strategy based on flexibility and a stimulating approach to strategic negotiations (Santana et al , 2019). The more diverse the organization is within, the more resilient it is to the environment.…”
Section: Resultsmentioning
confidence: 99%