A Study Of HR And Quality Management Practices With Role Of Knowledge Exchange On Firm Performance

This study emphasizes the factors that may lead to increase the employee performance in the textile sector in Pakistan.The study observes an impact of HR and QMP in organization performance through the mediating role of knowledge exchange.The business setting of this new era has carried out numerous changes,generating ever more complexity and ambiguity.In this varying environment,which embodies the global economy nowadays,firms face extreme competitive pressure to do things low priced,superior and faster.Firms need to deal with an increasing number of challenges rising from their setting,and also improve their capability to adapt.These days,continuous performance is the goal of any firm.This is for the reason that it is merely through performance that companies are capable to experience growth and make improvement.Firm are seeking to increase their performance in every way possible.The winning card can be apprehended by those who endeavor to innovate,to attain and sustain firm performance.During the last few years researchers are more focused on HR practices and innovation activities.Scholars argue that HR practices grants to the employee performance.However,almost all the past studies have a little concentration on the casual association among HR practices,knowledge exchange employee performance.This study opens the black box of the relationship between Training&Development,Selection Policy,Rewards and Knowledge Exchange in addition Employee Performance.In the current era,the decision makers become more concerned about quality,so the organizations are more involved and questions are raised about which quality management practice should implement to increase the performance of an organization.The purpose of existing study was to examine the relationship among quality management practice and firm performance through the mediating role of knowledge in the textile sector of Pakistan.The study used three quality management practices including top management leadership,employee's management,and training.Quality management practices(QMP's),HRM practices and knowledge exchange have been used by manufacturing firms or textile sector in Pakistan to improve on performance.The purpose of this research was to found the influence of QMP' s,HR practices and knowledge exchange on performance of manufacturing firms in Pakistan.The particular purposes were:To found the effect of QMP's on firm performance;to determine the influence of HR practices on firm performance;to assess the extent to which knowledge exchange effects the performance of manufacturing firms in Pakistan;and to found the mediating effect of knowledge exchange on the relationship between QMP's,HR practices and firm performance.Data collected from employees at textile sector in Pakistan were analyzed using SPSS 22.0 and SMART-PLS 3.0 software.Findings show that knowledge exchange has a mediating effect on the relationship between QMP's,HR practices and firm performance.These findings lead to theoretical and managerial implications and also,we present future recommendations for practitioners and scholars.The findings of the existing study expose that knowledge exchange contributes to the firm performance.The findings of current study provide several essential inferences for the textile industry to consider future management strategies like how to utilize HR Practices and QMP that leads to increase the employee performance.It is suggested that organizations should enhance HR and QMP practices that contributes to the employee performance.According to these results,HRM AND QMP contribute positively to firm's performance.The results encourage the managers to invest in training their employees to improve their organizational performance/productivity as well as to consider the HRM and QMP as a tactical and operational strategy to retain their key employees and improvement of the organization performance.