On-the-job training and human resource management

how to improve competitive advantage of an organization?

Abstract

Background: In this paper, the effects of four groups of factors on organizational performance are examined. Those are human resource management (HRM) policies and practices, financial and business indicators, location, and firm characteristics. A review of selected literature confirmed that a similar set of factors, through its positive effects on boosting organizational performance, may significantly improve competitive advantage of firms. Methods: An empirical analysis using firm-level data is conducted on the sample of enterprises operating in Serbia. A microeconometric approach is employed in order to specify and estimate empirical models. Two statistical models are applied. The ordered probit model is used for investigating organizational performance and the standard binary probit model for examining the decision of a firm to integrate the human resource development (HRD) department into its organizational structure. The goodness of fit measures confirmed the statistical reliability of estimated models. Results: Estimation results revealed that optimization of the number of employees, sales and revenues, firm age, increased market demand and competitive environment, as well as the ‘right decisions’ of the top management have significantly positive effects on boosting organizational performance. Significance of on-the-job training for boosting organizational performance was not empirically supported. In the same group of factors are firm size, industry and region. An auxiliary model shown that large- and medium-sized firms, firms with high level of revenues, privately owned, foreign and those located in or near to the capital city are more likely to have HRD departments. Conclusions: This paper provides a survey of the theoretical literature and explains empirical findings that are relevant for understanding to what extent on-the-job training, managing human resource, as well as some other internal and external organizational and financial factors are important for enhancing competitive advantage of firms.

Keywords

training;human resource management;competitiveness;organization;employees;

Data

Language:	English
Year of publishing:	2015
Typology:	1.01 - Original Scientific Article
Organization:	UM FOV - Faculty of Organizational Sciences
UDC:	005.95/.96:377
COBISS:	283278080
ISSN:	1318-5454
Parent publication:	Organizacija
Views:	992
Downloads:	188
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	Slovenian
Secondary title:	Usposabljanje na delu in upravljanje s človeškimi viri
Secondary abstract:	Ozadje: V članku preučujemo učinke štirih skupin dejavnikov organizacijske uspešnosti: upravljanja človeških virov, finančnih in poslovnih kazalnikov, lokacije ter značilnosti podjetij. S pomočjo izbrane literature smo potrdili, da podoben nabor dejavnikov s svojimi pozitivnimi učinki na organizacijsko uspešnost, lahko pomembno izboljša konkurenčnost podjetij. Metode: Empirična analiza je bila izvedena s pomočjo podatkov podjetij, ki poslujejo v Srbiji. Uporabili smo dva statistična modela. Urejeni model probit smo uporabili za ugotavljanje organizacijske uspešnosti, standardni binarni probit model pa kot odločitveni model o pomenu integracije HRM oddelka v organizacijsko strukturo. S statističnimi metodami smo ocenili ujemanje obeh modelov. Rezultati: Rezultati raziskave kažejo, da imajo optimizacija števila zaposlenih, prodaje in prihodkov, starost podjetja, večje povpraševanje na trgu in konkurenčno okolje, kot tudi „prave odločitve“ vrhovnega vodstva signifikantno pozitivne učinke na povečanje organizacijske uspešnosti. Vpliva usposabljanja na delovnem mestu na povečanje organizacijske uspešnosti, z raziskavo nismo potrdili. V isti skupini dejavnikov so velikost podjetja, industrija in lokacija podjetja. Pomožni model kaže, da je večja verjetnost, da imajo v organizacijski strukturi HRM oddelke velika in srednje velika podjetja, podjetja z visoko stopnjo prihodkov, podjetja v zasebni lasti, tuja podjetja in tista, ki se nahajajo v prestolnici ali v bližini prestolnice. Zaključki: Članek predstavi empirične ugotovitve, ki so pomembne za razumevanje v kolikšni meri usposabljanje, upravljanje človeških virov, kakor tudi nekateri drugi notranji in zunanji organizacijski in finančni dejavniki vplivajo na krepitev konkurenčne prednosti podjetij.
Secondary keywords:	organizacije;kadri;zaposleni;kadrovski management;strokovno izobraževanje;konkurenčnost;
URN:	URN:NBN:SI
Type (COBISS):	Scientific work
Pages:	str. 57-69
Volume:	ǂVol. ǂ48
Issue:	ǂno. ǂ1
Chronology:	feb. 2015
DOI:	10.1515/orga-2015-0005
ID:	10884853