Human resources leverage, technological capability and cost efficiency: Basis to enhance organizational agility framework

Abstract

In today's competitive landscape, with the continuous technological progress and improvement, organizations must be agile to thrive. To adapt to the changes, the organization needs to build a more powerful, flexible and efficient framework system. This can help to improve its competitiveness, response to market changes, and sustainability, laying a solid foundation for the long-term development of the organization. This study investigates the interplay between human resource leverage, technical capabilities, and cost efficiency, in enhancing organizational agility. A descriptive research design with questionnaire surveys was employed to examine the relationships among the variables. It performs statistical analysis using regression and analysis of variance. Results indicated moderate positive correlations among human resource leverage, technical capabilities, and cost efficiency. These factors mutually influence organizational agility and competitiveness. They promote each other, have direct or indirect effect, adapt to the change of the market need to improve the competitiveness, at the same time enhance the organization of market changes. This suggests that by optimizing human resource management, organizations can improve their technical capabilities and thus reduce their costs. The improvement of organizational technical ability can promote the rationalization of human resource management and positively adjust the cost efficiency of the organization. The improvement of organizational cost efficiency positively promotes the improvement of organizational technical ability, and human resource management can play a better role. By optimizing human resource management, enhancing technical abilities, and improving cost efficiency, organizations can significantly enhance their agility and achieve sustainable growth.