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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Format: | Article |
Language: | English |
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University of Novi Sad, Faculty of Technical Sciences
2020-09-01
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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. |
first_indexed | 2024-12-14T02:48:51Z |
format | Article |
id | doaj.art-a2de5655de46445e86d1986167cab0f9 |
institution | Directory Open Access Journal |
issn | 2217-2661 2683-345X |
language | English |
last_indexed | 2024-12-14T02:48:51Z |
publishDate | 2020-09-01 |
publisher | University of Novi Sad, Faculty of Technical Sciences |
record_format | Article |
series | International Journal of Industrial Engineering and Management |
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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