Effects of human resources management on the manufacturing firm performance: Sustainable development approach

Sustainability is a necessity in today’s business since long-term development cannot be achieved without embracing it. The fourth industrial revolution (i.e., Industry 4.0) that introduced the digital transformation of companies is pushing the industry towards sustainable development. Human resource...

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Main Authors: Marijana Dukić Mijatović, Ozren Uzelac, Aleksandra Stoiljković
Format: Article
Language:English
Published: University of Novi Sad, Faculty of Technical Sciences 2020-09-01
Series:International Journal of Industrial Engineering and Management
Subjects:
Online Access:http://ijiemjournal.org/counter/click.php?id=vol11_03_06
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author Marijana Dukić Mijatović
Ozren Uzelac
Aleksandra Stoiljković
author_facet Marijana Dukić Mijatović
Ozren Uzelac
Aleksandra Stoiljković
author_sort Marijana Dukić Mijatović
collection DOAJ
description Sustainability is a necessity in today’s business since long-term development cannot be achieved without embracing it. The fourth industrial revolution (i.e., Industry 4.0) that introduced the digital transformation of companies is pushing the industry towards sustainable development. Human resource management (HRM), as part of the Industry 4.0 concept, plays an essential role in the process of digital transformation, since employees represent the most flexible part of the production system. This paper aims to analyze the relationship between the implementation of HRM practices and the introduction of digital technologies in manufacturing firms. Additionally, the authors intend to determine whether the introduction of digital technologies enables the flexibility of the production system. For this purpose, data gathered through the European Manufacturing Survey (EMS) are used. The analyses are based on descriptive statistics and regression analysis. The results reveal that there is a significant positive relationship between the use of HRM practices and the implementation of digital technologies in manufacturing firms. Furthermore, firms that implemented digital technologies have a tendency to organize their production processes in a way that corresponds to trends in production imposed by the Industry 4.0 concept.
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spelling doaj.art-a2de5655de46445e86d1986167cab0f92022-12-21T23:19:48ZengUniversity of Novi Sad, Faculty of Technical SciencesInternational Journal of Industrial Engineering and Management2217-26612683-345X2020-09-01113205212http://doi.org/10.24867/IJIEM-2020-3-265265Effects of human resources management on the manufacturing firm performance: Sustainable development approachMarijana Dukić Mijatović0Ozren Uzelac1Aleksandra Stoiljković2University of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaSustainability is a necessity in today’s business since long-term development cannot be achieved without embracing it. The fourth industrial revolution (i.e., Industry 4.0) that introduced the digital transformation of companies is pushing the industry towards sustainable development. Human resource management (HRM), as part of the Industry 4.0 concept, plays an essential role in the process of digital transformation, since employees represent the most flexible part of the production system. This paper aims to analyze the relationship between the implementation of HRM practices and the introduction of digital technologies in manufacturing firms. Additionally, the authors intend to determine whether the introduction of digital technologies enables the flexibility of the production system. For this purpose, data gathered through the European Manufacturing Survey (EMS) are used. The analyses are based on descriptive statistics and regression analysis. The results reveal that there is a significant positive relationship between the use of HRM practices and the implementation of digital technologies in manufacturing firms. Furthermore, firms that implemented digital technologies have a tendency to organize their production processes in a way that corresponds to trends in production imposed by the Industry 4.0 concept.http://ijiemjournal.org/counter/click.php?id=vol11_03_06human resource management (hrm)industry 4.0digital factorysustainabilityfirm performanceflexibility;
spellingShingle Marijana Dukić Mijatović
Ozren Uzelac
Aleksandra Stoiljković
Effects of human resources management on the manufacturing firm performance: Sustainable development approach
International Journal of Industrial Engineering and Management
human resource management (hrm)
industry 4.0
digital factory
sustainability
firm performance
flexibility;
title Effects of human resources management on the manufacturing firm performance: Sustainable development approach
title_full Effects of human resources management on the manufacturing firm performance: Sustainable development approach
title_fullStr Effects of human resources management on the manufacturing firm performance: Sustainable development approach
title_full_unstemmed Effects of human resources management on the manufacturing firm performance: Sustainable development approach
title_short Effects of human resources management on the manufacturing firm performance: Sustainable development approach
title_sort effects of human resources management on the manufacturing firm performance sustainable development approach
topic human resource management (hrm)
industry 4.0
digital factory
sustainability
firm performance
flexibility;
url http://ijiemjournal.org/counter/click.php?id=vol11_03_06
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AT aleksandrastoiljkovic effectsofhumanresourcesmanagementonthemanufacturingfirmperformancesustainabledevelopmentapproach