Authors: Mohamed Al-Saeed Jawal, Mokhtar Rabehi, Ahmed Daroum
Summary of the Study "Modern Trends in Human Resource Management"
This study aims to explore the most important modern trends in human resource management in the context of the knowledge economy. It begins with an overview of the knowledge economy, focusing on its emergence, concept, and dominant factors, while also highlighting its characteristics and indicators. Additionally, it delves into key concepts and features of contemporary human resource management, discussing recent transformations, significant roles and objectives, and the positive and negative impacts of the current business environment on HR.
The study emphasizes that the last quarter of the 20th century and the beginning of the 21st century witnessed the emergence of the knowledge economy, a concept that has brought significant changes at both macro and micro levels. Countries are now investing diligently in knowledge to reap its substantial returns, and organizations are seeking intellectual capital both internally and externally to achieve competitive advantages essential for their survival and growth.
The study further explains that organizations in the knowledge economy face numerous challenges. Competition has shifted from local to global, and production and work technologies have become highly complex, making them difficult to acquire and implement. Success and superiority now belong to large organizations that have effectively navigated this new landscape by investing in human resources capable of generating and activating knowledge.
The study asserts that amidst these developments and complexities, management has become the key to success, with human resource management (HRM) playing a crucial role within every organization. HRM is responsible for acquiring, developing, and motivating qualified human resources to foster creativity and innovation.
The study also notes that from the mid-20th century onward, the world has witnessed a significant information revolution due to rapid advancements in information and communication technologies, particularly computers and the internet. These technologies have permeated various aspects of life, leading to a shift in economic foundations. Heavy machinery and physical capital are no longer the primary tools of economic activity; instead, knowledge has become the main driver of economic activity within the knowledge economy.
The researchers of the study "Modern Trends in Human Resource Management" highlight that every beginning has an end, and between them lies a life cycle. This applies whether discussing a plant, a person, a civilization, a product, an organization, or even an entire economy. Ancient economies were based on hunting and gathering for thousands of years. This was followed by agricultural economies, which lasted about ten thousand years, where land was the primary resource, and landowners valued people similarly to livestock. The industrial era then emerged in the mid-18th century, lasting about two hundred years, characterized by machinery and physical capital as primary economic resources. In this era, industrialists valued people as parts of the machinery. From the 1950s, a fourth type of economy emerged, known as the information economy, which has since evolved into the knowledge economy.
Relationship Between the DocSuite HR System and the Study "Modern Trends in Human Resource Management in the Knowledge Economy"
The DocSuite HR system is a technological tool designed to facilitate human resource management in organizations. It typically includes managing employees, payroll, attendance, performance, and related processes.
The study on modern trends in human resource management in the knowledge economy focuses on applying contemporary ideas and practices that enhance HR's role as a primary driver of innovation and development within organizations.
The relationship between the system and the study lies in the system's application of these trends. For example, using data analysis to make strategic decisions and creating a work environment that encourages continuous innovation and learning.
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