Improving Human Resource Management in Increasingly Fast-Growing Businesses in Turbulent Times

Abstract

Abstract The economy is currently experiencing developing conceptual instability and a flurry of views. This structure imposes external demands on businesses and, most importantly, on the people who operate as the enterprise’s main engine. The company’s top management has the primary responsibility for easing internal decision-making factors that are causing pressures to escalate. If this doesn’t happen, external pressures may become exponential internal pressures that ultimately lead to the company’s destruction as it finds itself at the cross-point of the pressures. The working perspective of the irrational and the bidirectional hierarchical relationships, as well as the interactions between technological evolution and human resource management, are all covered in this paper’s 360-degree view of a company’s productivity ecosystem. Additionally, we try to identify certain potential standard traps that might have an impact on the company’s medium- and long-term viability as well as short-term productivity.