A Qualitative Analysis of Human Capital Management Challenges in State-Supervised Organizations with a Financial Productivity Approach

shayesteh shamsaei motlagh kashani¹

1) Master s Degree, Public Administration (Financial Concentration), Islamic Azad University, Naragh Branch, Iran

IOI Code : ACEE-ACZHCD
Publication : 5th International Conference on Researches in Accounting, Economics, Management & Humanities(meaconf.com)
Abstract :
    Human capital management in state-supervised organizations holds particular importance due to the simultaneous presence of legal and regulatory requirements, financial constraints, and the necessity to enhance efficiency. The aim of this study is to qualitatively analyze the challenges of human capital management in state-supervised organizations through the lens of financial productivity and to identify the components influencing the efficient utilization of human capital. This is an applied study employing a qualitative methodology based on a systematic review and qualitative content analysis of relevant literature. During the search and screening process, 289 scholarly sources were examined; following the application of inclusion and exclusion criteria, 51 sources were selected for final analysis. Subsequently, by extracting and coding 119 relevant statements, the primary components of human capital management challenges were identified and ultimately organized into 12 key components across three main dimensions. The findings indicate that human capital management challenges can be explained within three domains: intra-organizational processes, structural and managerial factors, and productivity and financial outcomes. These components include merit-based recruitment and selection, training and development, performance assessment and management, compensation and motivation, employee participation and commitment, human resource management autonomy, strategic integration, knowledge management, high-performance work systems, control and optimization of human capital costs, governance and organizational constraints, and the linkage of human capital to performance and financial productivity. The results demonstrate that effective human capital management requires an integrated approach that simultaneously addresses human, managerial, structural, and financial dimensions, thereby fostering organizational and financial productivity through merit-based selection, employee development, performance improvement, and cost control.

Keywords : human capital management human resource management state supervised organizations financial productivity labor productivity organizational performance qualitative content analysis