In the original language
Human resource management theory, commonly known as Human Resource Management (HRM), is currently looking for different concepts to find ways to stabilise employment relationships in the current "turbulent" economic environment, which is also marked by the aftermath of the Covid-19 pandemic. One possible way at the corporate level is the importance of the human factor, i.e. in particular the qualification and flexibility of workers as an effective corporate response to crisis phenomena in the economy or society. This view of the important role of employees in the economic prosperity of the business is not, of course, current news. It can therefore be defined that the main factors of the economic prosperity of the company are not physical, i.e. invested natural resources and capital, but the human factor. Building on this premise, the area of human resources management can be derived from the practice of capital investment, which has always followed the future of the business and is based on the situation it was in and where it wanted to go. In a sense, part of running a business should be the process of partially relocating company funds to staff training and qualifications. The employee development and care factor are increasingly seen by economists as a tool for the company's profitability and growth. In the economic context, in international relations, the issue of education and development is addressed, among other things, in the framework of economic diplomacy. Economic diplomacy is, in the simplest definition, the economic dimension of foreign policy, when this foreign policy, as part of diplomacy, means many uses of economic relations not only for the development of companies. It can be defined as facilitating access to foreign markets for domestic firms, attracting foreign direct investment to the nation state, and influencing international rules serving the national interest, in a wide variety of ways, including education. In modern economic diplomacy, which is now quite broadly defined, the tools can be used in a wide variety of ways. The work of trade diplomats can then be better viewed in various processes, for example in advice, representation, but also in trade and investment promotion and foreign direct investment. Such economic diplomacy already has a managerial dimension and a trade diplomat can, with the right management, focus on promoting international trade. The economic diplomat is then not overwhelmed by technical fields, science, research, tourism and can easily increase the efficiency of his work.