Recipient of the George Terry Book Award sponsored by the Academy of Management "The incredible number of specific illustrations embedded in this text is a great asset. The book will be a good read for a potentially wide academic audience of professors and students (especially in psychology and business schools), anybody interested in contracts in the nonlegal sense, and for 'thinking managers' and practitioners. Psychological Contracts in Organizations will become a standard reference in the organizational sciences by 1997." --Richard Guzzo, University of Maryland, College Park This unique book examines the organizational, social, and psychological meaning of contracts, written and unwritten, in organizations. The author addresses a multitude of important topics, including contract making, interpretation of contracts, contracts that are emerging due to the turmoil and economic forces in the 1990s, contract violations, and strategies for changing contracts. In addition, this volume includes a thought-provoking discussion of how contracts are linked to an organization's strategy and its human resource practices. This outstanding volume concludes with an assessment of societal trends that point to large-scale changes in future employment contracts. Psychological Contracts in Organizations will capture the interest of advanced undergraduate and graduate students, scholars, managers, and researchers in the areas of organizational behavior, management, organizational psychology, human relations, industrial relations, law, and socioeconomics.
Chapter 7: Business Strategy and Contracts
Business Strategy and Contracts
Words are nothing but words; power lies in deeds.
This chapter describes how contracts in contemporary American organizations are linked to business and human resource (HR) strategies. Several writers have linked human resource practices to specific ...