Impact of human resource management on business performance: A review of literature

Bakator, Mihalj; Petrović, Nikola; Borić, Slađana; Đalić, Nataša

doi:10.5937/jemc1901003b

Cited by 10 publications

(9 citation statements)

References 43 publications

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“…The introduction of new products positively affects the firm's performance, according to Varis and Littunen [25]. Process innovation, as demonstrated by Murat and Baki, has positive effects on firm performance [26], including firm growth [27], firm productivity [28,29], as well as industrial development [30]. It was determined that compensation and rewards aid in the smooth and efficient operation of organizations, helping them achieve their objectives and boost business performance [18].…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Innovation-Oriented Human Resource on Small and Medium Enterprises’ Performance

et al. 2023

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This research paper aims to examine the impact of innovative HRM practices, including employee participation, performance appraisal, reward and compensation, recruitment and selection, and redeployment–retraining on firm performance. For this purpose, four different models are utilized to examine the impact of innovative HRM department practices on the performance of small and medium enterprises (SMEs) in a country. The dependent variable, firm performance, is proxified by different variables such as labor productivity, product innovation, process innovation, and marketing innovation. For empirical analysis, primary data are collected using a questionnaire. Estimation is conducted using ordinary least squares (OLS) and logit regression techniques. The estimated results indicate that most innovative HRM practices have a statistically significant impact on firm performance in terms of labor productivity, product, process, and marketing innovations. These results imply that SMEs in a country may observe the benefits of devoting greater attention to innovative HRM practices to achieve their future growth potential.

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Section: Literature Reviewmentioning

confidence: 99%

Impact of Innovation-Oriented Human Resource on Small and Medium Enterprises’ Performance

et al. 2023

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“…Where are it is supported on the research of (Bakator et al, 2019), human resource practices on overall business performance. In addition, there are other metrics that may be influenced, even more so than business performance.…”

Section: Data Analysis and Discussionmentioning

confidence: 99%

The Effect of Implementation of Human Resource System on The Business Environment: A Review of the Articles

Putra

Rufianto

Junanto

et al. 2023

Journal of Economics and Management Science

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This study is a form of study related to human resource relations research in the field of entrepreneurship industry where the entrepreneurial aspect is currently in the public spotlight. More precisely, the entrepreneurial industry at this time is better at using the human resource aspect to be used as a competency test material. Thus,people at this time use more human resources as the main help in the field of entrepreneurship. The main purpose of this study is to determine the form of influence exerted from the implementation of human resource studies in the current entrepreneurial environment. The method used in this study is a form of literature study method by applying elements of qualitative methods from various journals. The results of the study show some of the influences that occur due to the use of human resources which refer to several results, namely; (1) The practices and roles brought by human resources absorb more energy and provide significant results in the business world; (2) the progress of the business world is greater with the significance aspect of human resources which is very closely related compared to other types of sources. This is because the external and internal factors of human resources provide aspects that are not the least especially in the development or preparation of business materials; (3) the maximization of productivity or performance that is present especially in the business field which certainly affects consumers or the image of a business industry in the world of marketing. These three results gain a very large share of significance in the field of the entrepreneurial industry sector and are also supported by the results of study studies obtained from several journals related to the influence of human resources in an entrepreneurial industry.

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“…These activities are ensured to attain sustainable competitive advantages (Collins & Clark, 2003;Mahapatro, 2022). If such a situation can be focused on and ensured in the organization and brought in practices then the organization will significantly sustain itself in the domain of competitive advantages (Bakator et al, 2019). As a result, proper HR practices are combined with an appropriate strategy and HR resources that meet the organization's needs, i.e.…”

Section: Literature Reviewmentioning

confidence: 99%

Strategic and Traditional Human Resource Practices and their Relationships with Job Satisfaction in the Service Sectors in Bangladesh

Kamruzzaman¹,

Billa²,

Sheikh³

et al. 2022

JBS

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Purpose– This research aims to investigate the relationship between Strategic Human Resource Management (SHRM), Traditional Human Resource Practices (THRP), and Job Satisfaction (JS) in the context of Bangladeshi service-providing organizations. Design/methodology/approach– This study employs the positivism paradigm using a cross-sectional survey with the help of a structured questionnaire having five points Likert scale. Using the snowball sampling technique total of 202 questionnaires were collected from the service-providing organizations (Restaurants, Insurance, Telecommunication, Bank, and Transport) operating in the Rajshahi Division of Bangladesh. To analyze, the surveyed data structural equation modeling approach is used for this study. The measurement model of this study is assessed based on the relationship between the indicators and the latent variables using the partial least square technique. Findings– This study finds that practicing SHRM has a significant positive relation with the JS which leads the organization to achieve its success but different findings regarding the relations of THRP with JS. Research limitations- This study has limitations in terms of cross-sectional design, the number of measurement items, sample size, and sampling technique which may suffer the generalisability of the results. Practical implications– The findings of this study should help management to understand how organizational settings and policies can generate constructive means, which in turn enhance the alignment of THRP according to SHRM to bring JS into the organizations. Originality/value– This study will add to the human resource management literature by investigating the soundness of the SHRM, THRP, and JS relation in the service sectors in Bangladeshi which is relatively limited in the country under study.

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Impact of human resource management on business performance: A review of literature

Cited by 10 publications

References 43 publications

Impact of Innovation-Oriented Human Resource on Small and Medium Enterprises’ Performance

Impact of Innovation-Oriented Human Resource on Small and Medium Enterprises’ Performance

The Effect of Implementation of Human Resource System on The Business Environment: A Review of the Articles

Strategic and Traditional Human Resource Practices and their Relationships with Job Satisfaction in the Service Sectors in Bangladesh

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