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
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