New Perspectives on Human Resource Management in a Global Context Using the ELECTRE Method
Human Resource Management (HRM) involves the methods and approaches organizations use to efficiently oversee their workforce. It includes tasks like hiring, training, development, compensation, and managing relationships with employees, all designed to enhance employee performance and meet organizational objectives. HRM is essential for optimizing human capital utilization, boosting employee motivation and engagement. By cultivating a positive workplace atmosphere and aligning HR strategies with business goals, HRM plays a vital role in driving overall organizational success and longevity. Research enables organizations to comprehend optimal HR practices that boost productivity, efficiency, and profitability. By analyzing trends, best practices, and emerging technologies, HRM research guides strategic decisions that align human capital with organizational objectives. Additionally, research identifies influences on employee satisfaction, motivation, and engagement, empowering HR professionals to introduce initiatives that enhance workplace morale, diminish turnover, and cultivate a supportive organizational environment. Studying HRM aids in crafting successful recruitment and retention strategies. Research offers insights into attracting top talent, evaluating candidates, and establishing programs to retain employees, thereby reducing turnover and sustaining a proficient workforce. Additionally, HRM research assists organizations in adhering to evolving laws and regulations concerning labor practices, diversity, inclusion, and ethical standards. This knowledge ensures that HR policies are impartial, just, and compliant with legal mandates. Moreover, research guides long-term HR planning by identifying demographic shifts, skill deficiencies, and workforce requirements. This foresight empowers HR departments to pre ELECTRE (Elimination et Choix Traduisant La Realité - Elimination and Choice Reveals Reality) methods are extensively employed in various practical decision-making scenarios, including recruitment and transportation, among others. Additionally, there is ongoing theoretical research focused on the foundational aspects of ELECTRE methods. Evaluation Preference: Employee Satisfaction (Benefit), Productivity Increase (Benefit), Talent Retention (Benefit), Cost (Non-Benefit), Implementation Time (Non-Benefit), Administrative Burden (NonBenefit). Based on the results, Strategy A achieved the highest ranking, while Strategy D obtained the lowest rank. Strategy A holds the highest rank, while Strategy D holds the lowest rank.
Institutions
- Oman Medical College (OM)
Publication Details
- Journal
- REST Journal on Banking Accounting and Business
- Published
- 2025-04-22
- DOI
- https://doi.org/10.46632/jbab/4/1/22
- Primary Topic
- Business and Economic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00