THE IMPACT OF PEOPLE MANAGEMENT TRANSFORMATION ON ECONOMIC DEVELOPMENT

Abstract

For several years, the concept of sustainable development appears the philosophy of many scientific studies. This concept came from the field of forestry. It means that forest management cut down only as many trees as they can grow in this place. That way, the forest is never liquidated and can always rebuild itself. There are many definitions of sustainability. Perhaps the best comes from the 1987 report "Our Common Future" of the UN World Commission on Environment and Development, where "sustainable development is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs." That implies a challenge to developing all areas of human life without harming any of them. One of the areas with significant impact is the activity of organizations that affects the development and stability of the economy. Also, in studies on organization and management, the sustainable development concept is increasingly common. Progress in the application of the sciences of organization and management undoubtedly has a positive impact on the activities of organizations, which leads to economic development and changes in the quality of life. This paper intends to bring closer the meaning of the evolution of people management in today's state of development and to determine trends in future organizations management. The content of this paper does not exhaust the discussed issues but may contribute to further discussion and activities in the field of sustainable development.