Sustainable business expansion: HR strategies and frameworks for supporting growth and stability
Year: 2024
Type: article
Abstract: This paper explores the crucial role of Human Resources (HR) in facilitating sustainable business expansion, emphasizing the alignment of HR strategies with long-term organizational growth and stability. As businesses face growing pressures to integrate sustainability into their operations, HR departments are increasingly tasked with fostering a workforce capable of supporting sustainability goals while driving economic success. The paper examines key HR strategies that contribute to sustainable growth, such as talent acquisition, employee retention, leadership development, and diversity. It also discusses the challenges HR faces, including resistance to change and resource constraints, while highlighting emerging opportunities like technological advancements and global collaboration. The paper concludes with actionable recommendations for HR departments to integrate sustainability into their practices and suggests areas for future research, particularly in the intersection of HR and sustainability in a global business context. Keywords: Sustainable Business Expansion, Human Resources Strategies, Talent Management, Organizational Growth, Workforce Development.
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405003378