Human Resources Management and Its Contribution to Colombian SME Sustainability

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Author(s): Rafael Ignacio Pérez-Uribe (EAN University, Colombia)and María Teresa Ramírez-Garzón (La Salle University, Colombia)
Copyright: 2020
Pages: 22
Source title: Senior Entrepreneurship and Aging in Modern Business
Source Author(s)/Editor(s): José Manuel Saiz-Álvarez (EGADE Business School, Tecnologico de Monterrey, Mexico & Mexican Academy of Sciences, Mexico)and Jorge Alberto Gámez-Gutiérrez (Uniagustiniana, Colombia)
DOI: 10.4018/978-1-7998-2019-2.ch012

Keywords: Business & Management / Business Science Reference / Entrepreneurship / Entrepreneurship & Innovation

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Abstract

Based on the hypothesis that human resources management directly depends on a set of organizational components that are the core for SMEs sustainability, this chapter expands previous findings in the literature. Based on a multiple regression analysis and MMOM (modernization model for organization management) implementation in 246 Colombian SMEs (small and medium enterprises), the authors show that some organizational components explain and generate 64.86% of human resources management best practices.

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Human Resources Management and Its Contribution to Colombian SME Sustainability

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