The master thesis investigates human resource management in small companies with a focus on the biotechnology and information industry in Slovenia. It discusses HR models and theoretical frameworks with a focus on recruitment, training and retention of employees with specialized skills. It highlights the challenges in managing highly skilled staff in small companies and the impact of global human resource developments on Slovenian companies. The empirical part includes a case study of five companies, which examines talent management processes in three phases by means of a survey: pre-employment, development and long-term retention of knowledge. The study examines how small business are coping with skills shortages, building strategic alliances and attracting and retaining talent. It also looks at the adoption of foreign human resource practices and organisational autonomy. It aims to contribute to both academic understanding and real-word application by highlighting the importance of effective personnel practices for people management and offering insights into how small businesses can adapt global models to local contexts.
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