OPTIMIZING PROFITABILITY IN MANUFACTURING THROUGH INNOVATIVE HUMAN RESOURCE MANAGEMENT PRACTICES
Аннотация
This article explores the critical role of innovative human resource management (HRM) practices in enhancing the profitability of manufacturing enterprises. In the context of global competition and rapid technological change, traditional management methods are becoming less effective. The study analyzes modern approaches such as agile management, digital HR transformation, and employee engagement strategies as key drivers of financial performance. By integrating these innovative directions, manufacturing firms can optimize labor productivity, reduce operational costs, and achieve sustainable competitive advantages. The research concludes with practical recommendations for implementing these HRM strategies to ensure long-term economic stability and increased profitability.
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