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Business Strategies and Employment Decisions: Interviews with New Zealand Firms

Author

Listed:
  • Kaye-Blake, William

    (National Institute of Economic Research)

  • Flagler, Bette

    (Agribusiness and Economics Research Unit, Lincoln University)

  • Campbell, Rachel

    (Agribusiness and Economics Research Unit, Lincoln University)

Abstract

A firm’s business strategy does not exist in a vacuum; it requires employees to implement it. However, firms often say that they have difficulties hiring certain types of employees. Through interviews with firms and analysis of the 2008 New Zealand Business Operations Survey, this research explored the interaction between strategy and employees’ skills, and differences between high value-add (HVA) and medium value-add (MVA) firms. MVA firms focused more on production methods, technical skills, and margins over costs. HVA firms focused more on the business skills of a few, professional core employees, as well as the marketing aspects of their products.

Suggested Citation

  • Kaye-Blake, William & Flagler, Bette & Campbell, Rachel, 2012. "Business Strategies and Employment Decisions: Interviews with New Zealand Firms," Occasional Papers 12/4, Ministry of Economic Development, New Zealand.
    • Handle: RePEc:ris:nzmedo:2012_004
    as

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    References listed on IDEAS

    as
    1. Fabling, Richard & Grimes, Arthur & Stevens, Philip, 2008. "A Comparison of Qualitative and Quantitative Firm Performance Measures," Occasional Papers 08/4, Ministry of Economic Development, New Zealand.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    business strategy; core employees; high value-add; hiring; New Zealand;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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