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HRM as a Significant Factor for Achieving Competitiveness through People: The Croatian Case

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  • Nina Pološki Vokić
  • Maja Vidović

Abstract

This paper evaluates the quality of human resource management (HRM) in Croatia because excellent human resource (HR) policies, programs and activities enable enterprises to maximize their workforce productivity. The research was conducted in enterprises with more than 200 employees. The value of HRM was assessed using the HR audit approach. Fifty-five HR indicators were analyzed from the top 10 Croatian HR enterprises to serve as benchmarks for the final sample of 80 enterprises. Results indicate Croatian enterprises have deficient HR practices, on average. Independent sample t-tests showed 61.82% of HR indicators were significantly better in the benchmark firms. Consequently, HRM in Croatia can not be considered solid ground for achieving competitiveness through people. Copyright International Atlantic Economic Society 2008

Suggested Citation

  • Nina Pološki Vokić & Maja Vidović, 2008. "HRM as a Significant Factor for Achieving Competitiveness through People: The Croatian Case," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 14(3), pages 303-315, August.
    • Handle: RePEc:kap:iaecre:v:14:y:2008:i:3:p:303-315:10.1007/s11294-008-9156-9
    DOI: 10.1007/s11294-008-9156-9
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    References listed on IDEAS

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    2. Keld Laursen & Nicolai J. Foss, 2003. "New human resource management practices, complementarities and the impact on innovation performance," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(2), pages 243-263, March.
    3. Boudreau, J.W., 1996. "Human Resources and Organization Success," Papers 96-03, Cornell - Center for Advanced Human Resource Studies.
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    More about this item

    Keywords

    Human resource management (HRM); HR practices; Competitive advantage; Competitiveness through people; HR indicators; M00; M10; M12;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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