Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina
Contemporary business environment generates hyper changes and hyper competition, which is why enterprises are challenged to search for new sources to preserve and build competitive advantage in the global marketplace. In the theory and practice of management, the general view is that people and th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Business in Osijek
2014-12-01
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| Series: | Ekonomski Vjesnik |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/file/196135 |
| _version_ | 1827363010603122688 |
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| author | Adisa Delić Selma Smajlović |
| author_facet | Adisa Delić Selma Smajlović |
| author_sort | Adisa Delić |
| collection | DOAJ |
| description | Contemporary business environment generates hyper changes and hyper competition, which is why enterprises
are challenged to search for new sources to preserve and build competitive advantage in the
global marketplace. In the theory and practice of management, the general view is that people and their
knowledge are becoming a fundamental value in modern enterprises, and that successful human resource
management is an important determinant of competitiveness. However, the importance of having specific
knowledge and skills in the enterprises in Bosnia and Herzegovina (BiH) is still not recognized and human
resources of these enterprises are not treated in accordance with their importance. Therefore, the objective
of this paper is to point to the state and prospects of human resource development in the enterprises
in BiH in the context of improving their competitiveness. This paper includes the results of one part of the
empirical research covering 120 enterprises from BiH. The research was conducted in order to identify and
analyze the situation in the field of key phases of human resource management in these enterprises (job
analysis, human resource planning, management and selection of human resources, training and human resource
development, evaluation of work performance, selection and implementation of the reward system,
and management of human resource fluctuation). Based on the results, it can be concluded that the human
resource management in these enterprises is underdeveloped when viewed as a special managerial function
or business function, but also when treated as a separate modern business orientation in which people and
their knowledge are the key value in the enterprise. The study results also show inadequate organizational
treatment of human resource management in the enterprises in BiH, considering that managers’ awareness
about the importance of establishing a department of human resources in these enterprises is still not sufficiently
developed. |
| first_indexed | 2024-03-08T07:40:45Z |
| format | Article |
| id | doaj.art-24c2c1ab64fe470591e58c4ff472bebe |
| institution | Directory Open Access Journal |
| issn | 0353-359X 1847-2206 |
| language | English |
| last_indexed | 2024-03-08T07:40:45Z |
| publishDate | 2014-12-01 |
| publisher | Faculty of Economics and Business in Osijek |
| record_format | Article |
| series | Ekonomski Vjesnik |
| spelling | doaj.art-24c2c1ab64fe470591e58c4ff472bebe2024-02-02T17:21:59ZengFaculty of Economics and Business in OsijekEkonomski Vjesnik0353-359X1847-22062014-12-01XXVII2363377Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and HerzegovinaAdisa Delić0Selma Smajlović1University of Tuzla, Faculty of Economics, Tuzla, Bosnia and HerzegovinaUniversity of Tuzla, Faculty of Economics, Tuzla, Bosnia and HerzegovinaContemporary business environment generates hyper changes and hyper competition, which is why enterprises are challenged to search for new sources to preserve and build competitive advantage in the global marketplace. In the theory and practice of management, the general view is that people and their knowledge are becoming a fundamental value in modern enterprises, and that successful human resource management is an important determinant of competitiveness. However, the importance of having specific knowledge and skills in the enterprises in Bosnia and Herzegovina (BiH) is still not recognized and human resources of these enterprises are not treated in accordance with their importance. Therefore, the objective of this paper is to point to the state and prospects of human resource development in the enterprises in BiH in the context of improving their competitiveness. This paper includes the results of one part of the empirical research covering 120 enterprises from BiH. The research was conducted in order to identify and analyze the situation in the field of key phases of human resource management in these enterprises (job analysis, human resource planning, management and selection of human resources, training and human resource development, evaluation of work performance, selection and implementation of the reward system, and management of human resource fluctuation). Based on the results, it can be concluded that the human resource management in these enterprises is underdeveloped when viewed as a special managerial function or business function, but also when treated as a separate modern business orientation in which people and their knowledge are the key value in the enterprise. The study results also show inadequate organizational treatment of human resource management in the enterprises in BiH, considering that managers’ awareness about the importance of establishing a department of human resources in these enterprises is still not sufficiently developed.http://hrcak.srce.hr/file/196135human resourcescompetitive advantageenterprises in BiH |
| spellingShingle | Adisa Delić Selma Smajlović Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina Ekonomski Vjesnik human resources competitive advantage enterprises in BiH |
| title | Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina |
| title_full | Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina |
| title_fullStr | Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina |
| title_full_unstemmed | Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina |
| title_short | Developing the function of human resource management with a view to building competitive advantage of enterprises in Bosnia and Herzegovina |
| title_sort | developing the function of human resource management with a view to building competitive advantage of enterprises in bosnia and herzegovina |
| topic | human resources competitive advantage enterprises in BiH |
| url | http://hrcak.srce.hr/file/196135 |
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