Digitization and industry - Article: Holistic approach for human resource management in Industry - THE ROLE AND IMPORTANCE OF HUMAN RESOURCE MANAGEMENT FOR THE CORPORATE STRATEGY

3 important questions on Digitization and industry - Article: Holistic approach for human resource management in Industry - THE ROLE AND IMPORTANCE OF HUMAN RESOURCE MANAGEMENT FOR THE CORPORATE STRATEGY

The management and development of human resources:

  • Human resource management: a strategic approach towards the effective employment and development of a highly committed and qualified workforce to achieve the objectives
    • Main goals:
      • improving individual and group performance
      • effectiveness and organizational effectiveness
      • developing knowledge, skills and competencies
      • enhancing human potential & personal growth
    • Personal, team and organizational development

Strategic competence development:

  • Competencies: the set of skill, abilities, knowledge, attitudes and motivations an individual needs to cope with job-related tasks and challenges effectively
    • categories:
      • Technical (job-related knowledge and skills)
      • Methodological (skills and abilities for problem-solving)
      • Social (skills, abilities and attitudes to communicate with others)
      • Personal (values, motivations and attitudes)
  • Qualification:  the process of developing the required set of competencies through training and education.
  • Competence development and qualification interact as a continuous improvement cycle

Aggregation and categorization of competencies:

Aggregation of the previously defined list (emerging challenges in industry 4.0) is required to remove potential duplications

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