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Mutual Impacts of Human Resources Management and Knowledge Management: Issues of Functions and Effective Factors

In: Managing in Recovering Markets

Author

Listed:
  • Jelena Horvat

    (University of Zagreb)

  • Samo Bobek

    (University of Maribor, Slovenia)

Abstract

Knowledge management (KM) and human resources management (HRM) are increasingly regarded as key leveler of competitive advantage and are one of key areas for management in recovering markets especially in knowledge-based economies. Combination of KM process and organizational skills and intellectual capital as a strategic organizational asset enables the increases of organizational effectiveness. Human resources, employees and their effective managing are essential for the company, and the people’s most valuable resource is knowledge; therefore, HRM and KM are closely interrelated. In this paper, mutual impacts between knowledge management and human resources management are explained based on theoretical findings, and as a result, a preliminary model assessing the impact of human resources issues on knowledge management is presented. In the model, HRM is observed from two aspects: (1) functions which are derived from the ‘best fit’ among ‘recruitment and selection of employees, training and development and performance appraisal’ and (2) effective factors which are ‘empowerment, quality of work, culture, individual factors and learning’.

Suggested Citation

  • Jelena Horvat & Samo Bobek, 2015. "Mutual Impacts of Human Resources Management and Knowledge Management: Issues of Functions and Effective Factors," Springer Proceedings in Business and Economics, in: S. Chatterjee & N.P. Singh & D.P. Goyal & Narain Gupta (ed.), Managing in Recovering Markets, edition 127, chapter 0, pages 395-402, Springer.
    • Handle: RePEc:spr:prbchp:978-81-322-1979-8_31
    DOI: 10.1007/978-81-322-1979-8_31
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    Cited by:

    1. Wei Xuecheng & Noor Hazlina Ahmad & Qaisar Iqbal & Bai Saina, 2022. "Responsible Leadership and Sustainable Development in East Asia Economic Group: Application of Social Exchange Theory," Sustainability, MDPI, vol. 14(10), pages 1-16, May.

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