Articles | Open Access |

OPTIMIZING COOPERATIVE PERFORMANCE: LEVERAGING HUMAN RESOURCE DEVELOPMENT EFFORTS

Setiawan Sihombing , Undiknas University, Denpasar, Bali-Indonesia

Abstract

This paper explores the critical role of human resource development (HRD) efforts in optimizing cooperative performance. Cooperatives, as unique organizational entities driven by collective goals and member participation, rely heavily on the skills, knowledge, and abilities of their workforce to achieve success. Through effective HRD initiatives, cooperatives can cultivate a skilled and motivated workforce, enhance teamwork and collaboration, and foster a culture of continuous learning and improvement. Drawing on theoretical frameworks and empirical evidence, this paper examines the various dimensions of HRD within the cooperative context, including training and development, performance management, leadership development, and employee engagement. By leveraging HRD efforts strategically, cooperatives can strengthen their competitive advantage, adapt to evolving market dynamics, and achieve sustainable growth and success.

Keywords

Cooperatives, Human resource development, Training and development

References

Heck, J., & Rogers, R. (2010). Cooperative Values in Practice. Greenleaf Publishing.

Wilson, J. (2008). Human Resource Development: Learning & Training for Individuals & Organizations. Kogan Page Publishers.

Bijman, J., Muradian, R., & van der Ploeg, J. D. (2011). Cooperatives, Economic Democracy, and Decentralisation: Some Hypotheses. Journal of Development Studies, 47(5), 767-784.

Armstrong, M., & Taylor, S. (2014). Armstrong's Handbook of Human Resource Management Practice. Kogan Page Publishers.

FAO. (2008). Cooperatives in Development: A Sourcebook for Poverty Reduction Strategies. Food and Agriculture Organization of the United Nations.

Storey, J. (2014). Understanding the Small Business Sector. Routledge.

Coller, X., & Snyder, J. M. (2013). Oligopoly limit pricing: strategic substitutes versus strategic complements. Journal of Political Economy, 121(2), 352-382.

Adams, R. M., & Jeanrenaud, S. (2008). Sustainability and the Co-operative Business Model. International Labour Organization.

Deakin, S., & Wilkinson, F. (2005). The Law of the Labour Market: Industrialization, Employment, and Legal Evolution. Oxford University Press.

Easterby-Smith, M., Thorpe, R., & Jackson, P. R. (2012). Management Research. Sage.

Article Statistics

Downloads

Download data is not yet available.

Copyright License

Download Citations

How to Cite

Setiawan Sihombing. (2024). OPTIMIZING COOPERATIVE PERFORMANCE: LEVERAGING HUMAN RESOURCE DEVELOPMENT EFFORTS. International Journal of Economics Finance & Management Science, 9(05), 06–10. Retrieved from https://scientiamreearch.org/index.php/ijefms/article/view/102