Key Factors in Energy Management and Business Management : A Literature Review on Human Resource Impact

Abstract

The purposes of this article are 1) to make a literature review focusing on human resources impact of different working age groups, 2) to analyze the key factors in energy and business management using quantitative and qualitative analyses, and 3) to propose five guidelines to the executives and human resources departments to cope with the differences in working age groups so as to optimize the energy and business management and to achieve their goals in a prosperous and sustainable manner under the economic crisis and uncertain situation. The five guidelines are (1) recognizing the importance of the depth for human resources study, being able to apply the art of collaboration with different working age groups, prioritizing human resources over work outcomes and creating a positive atmosphere in the workplace, (2) understanding and constantly monitoring the differences, expectations, goals, behaviors and emotional states of different working age groups, especially their social trends, (3) analyzing and determining the job qualifications, remuneration rates for specific responsibilities and having a clear and transparent progressive table for job positions, (4) possessing communication skills in dealing with different working age groups, and (5) providing equal opportunities and creating an organizational culture that is suitable for different working age groups in real situation,encouragingandchallengingthemintheirworkperformance as well as being prepared to accept potential rejections from the personnel.