RESPONSIBLE COMPETITIVENESS FACTORS AND COMPETITIVE ADVANTAGE: A SOCIALLY RESPONSIBLE - HRM PERSPECTIVE
Elona Çera,
Ales Gregar,
Jana Matoskova and
Zuhair Abbas
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2021, vol. 15, issue 1, 660-668
Abstract:
Over the past decade, the notion of sustainability has received increasing attention in both practice and research. The main goal of this study is to contribute to CSR and HRM research by developing a framework for Socially Responsible HRM (SR-HRM) practices and competitive adavantage throw responsible competitiveness factors. For the purpose of this study, an exhaustive literature review has been conducted with particular focus on high-quality journals with a proven influence in the HRM filed. Concerning searching strategy are analysed forty-two papers published in Q1 and Q2 journal ranking (SJR), two reports published from Global Reporting Initiative (GRI) and Eurepean Commision, four books on the filed of HRM, and two papers published on Q3 journal ranking (SJR). The literature review results show that SR-HRM has become an important and irreversible component of doing business. Some SR-HMR practices such as: potential to attract and retain the most motivated employees; opportunities for continuous development and training; company’s capacity to manage employee relationships and conflict resolution; the ability to communicate relevant information fluently, transparently, and foster productive dialogue; enhancement of diversity as a core value; remuneration policy; company justice system; sanitation and safety standards; and work-life balance, when properly implemented, enhance competitive advantage.
Keywords: human resource management; corporate social responsibility; competitive advantage; responsible competitiveness (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:15:y:2021:i:1:p:660-668
DOI: 10.24818/IMC/2021/04.02
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