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Abstract
The research presented in this paper concerns challenges of organizational risk in the field of human resources. Research goals are to determine the degree of importance and influence of human risks in order to achieve a more favorable environment for successful business. The empirical research has been conducted in Serbia during 2015, with a sample of 43 companies from the Processing industry. There were mathematical and statistical methods, multiple regression analysis and logistic regression used. Group's core results showed that over 80% of production companies are aware of the human resources risks and their importance for the business. The contribution of this paper is to prove the scientific significance of the upcoming risks of human resources establishing theoretical and empirical knowledge about the need to improve organization approach to managing these risks.
Highlights
Focusing on trends, potential changes in important assumptions, development, production companies are increasingly concentrate on minimizing the negative effects
The results show that these enterprises have inadequate resources and restricted know-how and new technologies (Jevtic, Vucekovic, 2014) generally confronted wideranging risks of human resources This paper with its research results supports the importance of monitoring of human resource risks in organizations and managment
The basis of this paper is the empirical research conducted on the territory of Serbia, in 2015, in order to examine the attitudes of 43 companies from processing industry on organizational risk, especially those coming from the area of human resources
Summary
Potential changes in important assumptions, development, production companies are increasingly concentrate on minimizing the negative effects. According to Alpa (2005), the most pressing challenges they face in human resource spectrum are: high degree of employee turnover, management risk (Omolaja ,2015), inadequate management knowledge, shortage of skilled staff, market changes. New areas of risk that will be increasingly important in the coming period they are related to the organizational culture and the ability of employees to more effectively encourage customer retention development of their preferences, indicating a change in mindset and priorities for corporate leaders. It is essential for enterprises in production to be able to effectively manage risks to survive in highly competitive and slowing down economic conditions. The results show that these enterprises have inadequate resources and restricted know-how and new technologies (Jevtic, Vucekovic, 2014) generally confronted wideranging risks of human resources This paper with its research results supports the importance of monitoring of human resource risks in organizations and managment
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