Yu-Ting Hung
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2 publications
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Internet-based ICT usage by South African SMEs: are the benefits within their reach?
Michael C. Cant , Johannes A. Wiid , Yu-Ting HungProblems and Perspectives in Management Volume 13, 2015 Issue #2 (spec. issue) pp. 444-451
Views: 469 Downloads: 269 TO CITE -
The importance of human resources management for small businesses in South Africa
Yu-Ting Hung , Michael C. Cant , Johannes A. Wiid doi: http://dx.doi.org/10.21511/ppm.14(3-1).2016.09Problems and Perspectives in Management Volume 14, 2016 Issue #3 (cont. 1) pp. 232-238
Views: 1925 Downloads: 1270 TO CITEThe majority of SMEs fail in the first five years of operation (Cant and Ligthelm, 2003). Human resource management (HRM) has been identified as a crucial key success factor for SMEs in today’s world. This research study investigates small business owners’ perception of the importance of HRM. The objective of this paper is to determine the perceived importance of human resources (HR) among South African SMEs and the management of it. A questionnaire was constructed and judgement sampling was used to gather the responses of 88 small business owners. The research revealed that the majority of SMEs have HR practices of some sort in place, as well as areas to improve on HR practices. The challenge now is to further increase the adoption of HR management and practices among small businesses in South Africa to ensure their success, as they play a vital role in the South African economy.
Keywords: South African SMEs, developing countries, human resource functions, human resources management, HR, HRM.
JEL Classification: M19