A necessity to justify HR-management as the main business process with emphasis on applied research and identify the main instruments of an effective HR-management system in the new challenges conditions exists based on the diversity of the scientific problems and the insufficient level of use of the latest approaches in business practice. The purpose of the article is to substantiate the HR-system as the main business process and analyze the latest approaches to HR-management. The elements of scientific novelty. HR-management as the main business process on the basis of correlation analysis is substantiated in the article and the latest approaches to its management are offered. Practical significance. Substantiation of HR-management as a business process that determines the results of activity makes it possible to realize the necessity of new HR-management models searching in practice. And the proposed practical instruments for the procedural approach implementing in business practice will provide an opportunity to form an effective HR-model that meets the new challenges caused by the coronary crisis.
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