EN
Hungary experienced sweeping change during the decade of the 1990s, where the accompanying changes within business organizations necessitated the adoption of human resource policies and practices to meet the new challenges. Having made much progress, the question today concerns the degree to which the human resource function has come of age and what work remains to be done. This paper summarizes literature regarding the human resource function as a source of competitive advantage in business organizations, describes observations from ten years of research results regarding HR in Hungary, and shares overall conclusions about the state of human resource management in Hungary in the middle of the first decade in the new century.