THE IMPACT OF HUMAN RESOURCE MANAGEMENT ON THE EFFECTIVENESS OF ORGANIZATION MANAGEMENT

This study examines the impact of human resource management on the performance of an organization. In a rapidly changing competitive environment, human resources are one of the important sources of undeniable advantage in the marketplace. Human resource systems can contribute to sustainable competitive advantage by promoting the development of company-specific competencies. In this paper, emphasizing that human resource potential is an important source of competitive advantage, the definition of strategic human resource management is given. The general principles of the human resource management strategy have already been laid down by researchers and continue to develop at the present time. At the same time, according to the recognition of many authors abroad, there is an ambiguous and even contradictory attitude towards the strategy of personnel management. Despite the fact that there is some experience in using the principles of strategic human resource management in the practice of advanced organizations, the theoretical and methodological foundations of this area are being laid, today the concept of human resource management has not been fully formed and continues to develop. The study showed that the reward system has a positive effect on job satisfaction, and performance appraisal of employees can directly determine the productivity of employees. In addition, it should be noted that staff training plays on the profitability of the organization. Based on specific examples from academic studies regarding the impact of strategic human resource management practices on organizational performance, it is concluded that human resource management has a significant relationship with organizational performance outcomes.

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