Management Practices in Area of Human Resources and Monitoring Results as Determinants of SME’s Success in Poland and the Czech Republic

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dc.contributor.authorŁobos, Krzysztof
dc.contributor.authorMalátek, Vojtěch
dc.contributor.authorSzewczyk, Mirosława
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2020-06-04T08:31:47Z
dc.date.available2020-06-04T08:31:47Z
dc.description.abstractThe main aim of the article is to identify specifi c management practices of small and medium-sized enterprises (SMEs), which determine processes of their growth and development, and then to determine the character and force of dependence between the identifi ed practices and the growth and development of SMEs. It occurred that the HR practices and the monitoring of results determine signifi cantly the growth and development of small and medium-sized enterprises in Poland and the Czech Republic. In order to accomplish the goal, the authors constructed a model of dependence and also made an evaluation of the signifi cance and force of its infl uence. The unit data obtained from 383 companies operating on the territory of Poland and 381 ones based in the Czech Republic were used for this purpose. The data were analyzed statistically using structural equation modeling. The results point to, fi rst of all, a substantial direct and indirect impact of HR practices on the growth and development of companies in the examined size class in both countries. We recognized four crucial factors of HR practices: (1) attracting talented people to the company, (2) rewarding well, (3) causing that employees know precisely their tasks, decision areas and responsibilities, (4) running an SME enterprise in such a way as to promote cooperation between employees and to create a good working climate. In addition to traditional human resource management practices, we observe in SMEs the need for introduction more humanistic management models focused on building commitment and employee satisfaction. The infl uence of HR practices on the growth and development of an enterprise is additionally strengthened by the monitoring of results. In the case of Polish enterprises, there is a direct impact of the monitoring of results on the development of a company. In the case of Czech enterprises, we have to do only with an indirect infl uence of monitoring practices on the company’s development. Among studied monitoring of results variables, three should be particularly stressed. It is essential that managers and leaders defi ne targets and measures of meeting the targets. The results obtained by the company should be also presented and discussed and monitored on a continuous basis. Results could allow SME’s practitioners a better understanding of crucial factors they ought to focus their management efforts.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2020-2-008
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154922
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectSMEen
dc.subjectgrowthen
dc.subjectdevelopmenten
dc.subjecthuman resourcesen
dc.subject.classificationL21
dc.subject.classificationM50
dc.subject.classificationC49
dc.titleManagement Practices in Area of Human Resources and Monitoring Results as Determinants of SME’s Success in Poland and the Czech Republicen
dc.typeArticleen
local.accessopen
local.citation.epage125
local.citation.spage114
local.facultyFaculty of Economics
local.filenameEM_2_2020_8
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue2
local.relation.volume23
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