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Strategic HR Management of SME Development in the Era of Globalization

Strategic HR Management of SME Development in the Era of Globalization
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Author(s): Andi Cudai Nur (Universitas Negeri Makassar, Indonesia)and Komal Khalid (King Abdulaziz University, Saudi Arabia)
Copyright: 2024
Pages: 19
Source title: Innovative Human Resource Management for SMEs
Source Author(s)/Editor(s): Shuja Iqbal (School of Management, Jiangsu University, China), Komal Khalid (King Abdulaziz University, Saudi Arabia)and Andi Cudai Nur (Universitas Negeri Makassar, Indonesia)
DOI: 10.4018/979-8-3693-0972-8.ch007

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Abstract

Government strategy in managing human resources to develop SMEs by formulating regional policies that are more adaptive to various changes is important. This strategy can be carried out by making regional regulations more flexible, especially in managing human resources to support the development of SMEs. The progress of SMEs requires the support of human resources who have high competence and quality. Therefore, it is necessary to optimize education and training to obtain quality human resources and have higher quality competencies. Globalization and COVID-19 have an impact on SMEs, especially decreasing income and sales. For this reason, it is necessary to increase government efforts in formulating regional regulations that are more operational, integrating local, regional, national, and even international culture with adaptation to changes in the global economy. One solution that can be taken is to contribute and carry out digitalization interventions for SMEs so that they are able to survive and be sustainable in changing global economic trends.

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