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Human Resource Mansgement in Korean Firms and its Future Outlook
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- Authors
- Issue Date
- 1999-12
- Citation
- Seoul Journal of Business, Vol.5 No.1, pp. 5-38
- Keywords
- intangible asset ; core competence ; HRM
- Abstract
- Human resource is firm's foremost intangible asset and is also what
makes up firm's core competence, providing the key to solving
organizational problems and increasing firm performance. Korean firms
in the past have competed on low-cost strategy and paid less attention
to proper management of their employees. This paper examines how
Korean firms have dealt with each of the main functions of HRM from
1960s up to the present. It, then, proposes a hybrid approach to
management that combines both the unique Korean cultural factors
with Western style of management to allow firms to better handle
demands of their culture and pressures of competing globally.
- ISSN
- 1226-9816
- Language
- English
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