This study searches for possibility of quantitative models in human resources management (HRM). Quantitative methods turn thinking into model structure. Coefficients and symbols represent variables of HRM. Markov Analysis, linear functions, logaritma, and Pisagor Models are explored in this...

Objective of this study is to argue transittion from HRM to SHRM. In addition, this study also discusses theory of strategic human resource management (SHRM). Research methodology of this study is based on argument from SHRM literature. Significant of paper is discussion of SHRM theory. Keyterms...

Marx has two theories: surplus value and labor value. Marx defends positivist socialism. Hegel impressed Marx ideas during his PhD. This study is based on Marx opinions. Socialist Market Economy has two principles: central planning and market economy. State implements central planning for...

Strategic Management of finance is to use balanced scorecard in evaluating performance of creditee. Balanced scorecard covers organizational performance and financial performance. So, financial analysists may measure both organizational and financial performance of creditee firms to analyze...

This study explores cluster innovation, and it benchmarks Styria Model of Austria as model for cluster innovation. and it recommends a new model for clusteral innovation. This model is named as Cobweb Theorem. Styria model is a model for cluster formation, and it is a model for innovation in...

This paper aims to find unit cost of a product for firms. It establishes a linear cost model to find unit cost. Linear goal programs assume a direct relationship between independent variable and dependent variable. Dependent variable of linear model is unit cost. Independent variables are cost...

It may become responsibility of HRM departments in firms to gain theoretical knowledge for professionals. For example, training division may organize theoretical training program for marketing professionals in marketing field. or HR department may enroll professionals for PhD and MBA programs,...

This study discusses “theory of strategic human resource management (SHRM)”. Theory of SHRM is that human resource management (HRM) has an impact on firm performance through employee performance. Therefore, research topic of this study is to discuss SHRM theory. Research method is literature...

Theory of strategic human resource management is based on four factors: strategy, performance, HR systems, and human capital. Basically, theory of SHRM covers strategy and performance dimensions at the beginning. Strategy argument began with Michigan School in 1980s, and it says that HRM...