In terms of financial performance, Delery and Doty (1996),
drawing on three dominant modes of theorizing, identify seven
key “strategic human resource practices”, including career ladders,
training, results-oriented appraisal, compensation, employment
security, employee voice, and broadly defined jobs, and use them
to develop theoretical arguments consistent with each of the three
perspectives. The results demonstrate that each perspective can be
used to structure theoretical arguments that explain significant
levels of variation in financial performance