Naslov
The Link Between Human Resource Management and Company Performance

Autori
Zupan, Nada ; Ograjenšek, Irena

Izvornik
Journal of East-West business (1066-9868) 10 (2004), 1; 105-119

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
enterprises; company performance; business efficiency; human resource management; strategic management; competitive advantage

Sažetak
There seems to be a widespread agreement that human resources are the main source of competitive advantage in modern companies. Consequently, the traditional personnel function is being transformed into the human resource management (HRM), which, in turn, is becoming a part of strategic management with the goal of integrating HRM activities to fit business needs. In this paper, we analyze the transformation of personnel function in Slovene companies, which had to change their behavior due to the transition from socialist to market economy and increased competitive pressures. Our analysis leads to the conclusion that Slovene companies use many different personnel models. Transformation of traditional personnel function intoHRMoccurred mostly in those companies, which place greater emphasis on people-related goals when formulating business strategy. However, the positive effects of this transformation on company performance still have to be confirmed.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

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