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MACROENVIRONMENTAL FACTORS AFFECTING HUMAN RESOURCE MANAGEMENT – CASE OF SLOVAK REPUBLIC

Abstract:

Today's companies operate under the conditions of many factors of micro and macro environment and every mistake can cost them a market position. More than ever, their success depends on the human resource management (HRM) and the quality of their managerial decisions. Such factors as the shifts in the economy, globalization and technological development have created new demands for organizations and propelled the HRM field in some new directions. These challenges also create numerous opportunities for HRM. The primary objective of the paper is to identify factors of macro environment currently most affecting human resources management in enterprises operating in Slovak Republic. Paper provides integrated review of theoretical background with an attempt to offer modern sophisticated methods for dealing with the impact of these factors and, also empirical insight of the researched issue. The awareness of the importance of human capital, the necessity to apply modern technologies not only in the production of products and services, but also in all activities related to HRM, and last but not least, the quality of HRM are essential for companies to succeed in competitive struggle.

Authors: Natália LETKOVÁ

Release: 2018/3     Pages: 15-22     JEL classification: O10, J20, M20      
DOI:

Keywords: human resource management, macro factors, managerial decisions, personnel management

Section: HUMAN RESOURCES AND PERSONNEL MANAGEMENT

Contacts:
Ing. Natália Letková,
Department of Management and Development of Human Resources
Faculty of Social and Economic Relations
Alexander Dubček University in Trenčín
Študentská 3, 911 50 Trenčín, Slovensko
e-mail: natalia.letkova@tnuni.sk


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