HUMAN RESOURCE MANAGEMENT AS VALUE DRIVER IN THE MODERN COMPANY Cover Image

Managementul resurselor umane ca forta conducatoare in companiile
HUMAN RESOURCE MANAGEMENT AS VALUE DRIVER IN THE MODERN COMPANY

Author(s): Alexandra Lavinia Horobet, Cosmin Silviu Raul Joldes
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: human resources; shareholder value; competitive advantage; performance.

Summary/Abstract: Today, one of the most critical skills any professional can possess is the ability to show and explain the accountability of various processes and functions that take place within the company. More and more, senior executives, shareholders and other stakeholders are questioning the value created by the variety of activities that companies develop, including nontraditional sources of value creation, such as human resources. Senior executives that are able to perceive the human resource learning activities as investments, as opposed to expenses, and to understand and use innovative criteria to assess their business impact dispose of an instrument that can effectively create a competitive advantage that will generate growth and value for shareholders. Our paper analyses the shift in the manner human resources programs are considered within a business, from “cost centres” to “value generators” and the efficiency of using assessment criteria to evaluate the business impact of such programs, contrasted against the traditional assessment of human resource programmes through participants’ satisfaction with the program and captured planned actions, or changes in participants’ knowledge, skills, and attitudes.

  • Issue Year: XXXVI/2008
  • Issue No: 4
  • Page Count: 10
  • Language: English
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