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The role of human capital in recovering from crisis

Kwiecień Anna

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

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2022

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z. 158

355--368

EN

Purpose: Paying attention to the determinants of the growing role of people and their knowledge as factors supporting the development of entities in the period of recovery from the crisis. Design/methodology/approach: the study is based on a critical analysis of the literature, and due to the topicality of the analyzed issues, also on the basis of press publications and internet sources. The subject area includes issues related to human capital in the situation of recovering from the crisis and changing the strategy. Findings: The considerations presented in this study show that appropriate human capital management is a factor supporting the change of strategy towards development in the period of recovery from crisis. Practical implications: Theoretical considerations are supplemented with the results of world research in the field of human capital management. As a result, the current trends recommended in this area of management are indicated. They constitute the guidelines for managers on how to deal with human capital so that it supports the development of the enterprise. Social implications: Recognizing effective ways of managing human capital may have multifaceted beneficial socio-economic consequences. Overcoming the crisis and entering the phase of redevelopment is important both for the state and for society. Originality/value: The study shows a specific approach to human capital, which not only determines the effective management of a company in a crisis situation, but when properly managed it supports the transition from crisis-related stagnation to the strategy of re-development after the crisis.

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Human capital, digital transformation, and firm performance of startups in Vietnam

Ghi Tran Nha, Thu Nguyen Quang, Huan Ngo Quang, Trung Nguyen Tan

Management

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2022

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Vol. 26, no. 1

1--18

EN

Based on social capital theory, the study explained the digital transformation process of startups in Vietnam. The primary object of this study is to examine the relationship between human capital, digital transformation, and firm performance of startups in Vietnam. The study applied Partial Least Squares Structural Model (PLS-SEM) with a sample size of 230 managers. The results demonstrated the positive relationships between human capital, digital transformation, and firm performance. The study explored digital transformation as a mediation mechanism between human capital and firm performance. The results provided some managerial implications for managers to focus on improving human capital in order to promote digital transformation and firm performance. This is an important strategy to help startups escape the crisis of Covid-19 pandemic. Finally, the study presented some limitations and directions for further research.

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Sustainable development in Ghana's gold mines: Clarifying the stakeholder's perspective

Dery Tuokuua Francis Xavier, Kpinpuo Stephen Debar, Hinson Robert Ebo

Journal of Sustainable Mining

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2019

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Vol. 18, iss. 2

77--84

EN

Using semi-structured interviews and focus group discussions (FGDs), this study examined critical stakeholder's perceptions, experiences and competence in assuring the sustainable management of Ghana's major gold mines. The investigation was inspired by a synthesis of the United Nation's Sustainable Development Goals (SDGs) adopted by the global community in September 2015; it places human resource capacity at the center of a sustainability struggle between local and international businesses. The findings of this study encompass two opposing but interesting perspectives. On the one hand, the study showed that sustainable development is understood differently by stakeholders within the gold mining sector in Ghana, which is why gold mining companies employ different approaches in their pursuit of sustainability objectives. On the other hand, the study revealed that, as mining activities are similar across different mining companies, common understanding and operation of sustainable development in the country's gold mines is a more practical approach to sustaining mining operations. This study further revealed that to facilitate the effective implementation of sustainable development within Ghana's gold mines and to ensure its alignment with SDGs, a regulatory framework is required and this should be developed based on the input of stakeholders.