%0 Article %A Ognjenović Kosovka %I Sciendo %D 2015 %G English %B Organizacija %@ 1581-1832 %T On-the-Job Training and Human Resource Management: How to Improve Competitive Advantage of an Organization? %U http://www.degruyter.com/view/j/orga.2015.48.issue-1/orga-2015-0005/orga-2015-0005.xml?format=INT %X Background: In this paper, the effects of four groups of factors on organizational performance are examined. Those are human resource management (HRM) policies and practices, financial and business indicators, location, and firm characteristics. A review of selected literature confirmed that a similar set of factors, through its positive effects on boosting organizational performance, may significantly improve competitive advantage of firms.