Strategic Human Resource Management and Performance of SMEs in Thailand

Abstract

The objective of this academic paper was to investigate strategic human resource management approaches in terms of job security, effective performance appraisal processes, and job design for operators participating in planning. Strategic human resource management is a way to achieve higher performance of SMEs in Thailand both monetary and non-monetary performance using Resource Based View Theory (RBV) as a concept to explain the creation of strategic human resource management approaches both relying on efficient recruitment and human resource development to give SMEs the competitive advantage arising from human resources that are superior to competitors and lead to increased turnover and customer satisfaction.