HUMAN CAPITAL IN FUNCTION OF ACHIEVING INTERNATIONAL COMPETITIVENESS
Journal Title: EMC Review: Časopis za ekonomiju i tržišne komunikacije - Year 2014, Vol 8, Issue 2
Abstract
Human capital, respectively its potential: education, skills, motivation, competence and contacts are becoming the main drivers of the development of any knowledge-based economy. In today’s era of knowledge competitiveness of enterprises can be achieved through human capital. Major changes in the world market and unexpected circumstances require staff who will be able to achieve the goals, vision and required performance. Precisely because of that, the importance of access to quality personnel is obtrude upon us. Bosnia and Herzegovina, despite the presence of highly educated people, has been faced with the lack of personnel, who have been trained to perform on the open market. In addition, the country is faced with problem of employment of higher educated personnel in sectors that offer higher salaries, as well as the problem of brain drain, either for economic or political reasons. Trends indicate that the migration of high-quality personnel will continue, especially with the process of approaching to the EU. The aim of this research is to realize the importance of human resource development of the country and analyze the activities of the state in the education of staff and retention of young professionals in the area of Bosnia and Herzegovina. Planning of staff should be included as part of the overall strategy of the country, as a goalto achieve international competitiveness and economic progress. Accordingly, the management of human resources is necessary to establish a system of values, criteria and procedures to generate highly-sophisticated knowledge. In other words, you need a solid connection between human resource planning, personnel selection, continuous training, job evaluation and performance, and rewarding.
Authors and Affiliations
Senad Tatarević, Bogdana Vujnović- Gligorić, Tatjana Baroš
Keywords
Related Articles
- EP ID EP341970
- DOI -
- Views 62
- Downloads 0
UTICAJ STRUKTURE KAPITALA NA VRIJEDNOST AMERIČKIH I SRPSKIH FIRMI
Prema teore mi Modigliani-Miller, vrijednost kompanije ne zavisi od strukture kapitala (odnos duga prema kapitalu). Provjerili smo teoremu na dva fi nansijska tržišta, jednom globalnom i jednom regionalnom. U istraživanj...
THE FUTURE DEVELOPMENT OF THE SERVICE SECTOR AND IT’S IMPACT ON THE BANKING INDUSTRY. THE CASE OF MACEDONIA
The aim of this paper is to elaborate the importance of service sector and how its future development will affect the banking industry in the Republic of Macedonia. We live in a service society, where services sector r...
ANTICIPATIVNO UPRAVLJANJE DEVIZNIM RIZIKOM U VANJSKOTRGOVINSKOM POSLOVANJU - ANTICIPATIVE MANAGEMENT OF A CURRENCY RISK IN FOREIGN TRADE
Foreign trade is an exchange of material and non-material goods across international borders and territories. Every business, including international trade, is exposed to risks due tos udden and unexpected events. Those...
CORPORATE COMMUNICATIONS IN THE DEVELOPMENT OF BUSINESS
In the world of management and modern business relations there is a widespread belief that the future of any company largely depends on how it is presented in the eyes of key stakeholders (shareholders, investors, custom...
KORPORATIVNO UPRAVLJANJE I ORGANIZACIJSKA KULTURA
Međuodnos korporativnog upravljanja i organizacijske kultue je oduvijek postojao. Korporativno upravljanje je prisutno u velikim organizacijama, koje u BiH nazivamo dioničkim društvima. Proces rada organizacije, isplate...