Human Resource Management and Organizational Performance In Small And Medium-Sized Enterprises

Abstract

Small and medium-sized enterprises (SMEs) require effective human resource management practices to sustain their competitiveness. However, the small business literature indicates the focus on human resource management practices as a mean to improve effectiveness and competitiveness of SMEs has received little research attention. The purpose of this paper is to contribute to a better understanding of human resource management practices among SMEs. Following the views presented in the literature, this paper prescribes six useful human resource management practices that can assist SMEs to improve their competitiveness as well as performance.