HR Department: How Business Ownership and Activity Type Affect Its Existence in the Albanian Companies
HR Department: How Business Ownership and Activity Type Affect Its Existence in the Albanian Companies

Author(s): Amalia Tola
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: Human Resources Management is an important function of organizational management. The way an organization uses its human resources for the development and implementation of its strategies can strongly affect its performance. Human Resources Management (HRM) in the context of a market economy is still a new concept in Albania. About thirty years after the transition from a centralized economy towards a free-market economy, the job relations in Albania are undergoing important changes; therefore, businesses should be able to successfully face the fast development of technology, globalization effects, and the need to have an efficient and effective labour force to fulfill, in the best way possible, the economic objectives. The role of the HR department is crucial towards such achievements; however, this role and its potential towards organization success is not fully appreciated by the Albanian private sector companies and often the HR department is not existent, or its role is vague. This paper uses literature review and quantitative research to analyse the role of the HR department as a key function of organizational management and to explore the extent of HR department presence in the big companies in Albania, in the view of ownership and type of business activity

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