Strategic Human Resource Management
In today's intensely competitive and global marketplace, maintaining a competitive advantage by becoming a low cost leader or a differentiator puts a heavy premium on having a highly committed or competent workforce. Competitive advantage lies not just in differentiating a product or service or in becoming the low cost leader but in also being able to tap the company's special skills or core competencies and rapidly respond to customer's needs and competitor's moves. In other words competitive advantage lies in management's ability to consolidate corporate-wide technologies and production skills into competencies that empower individual businesses to adapt quickly to changing opportunities.
In a growing number of organizations human resources are now viewed as a source of competitive advantage. There is greater recognition that distinctive competencies are obtained through highly developed employee skills, distinctive organizational cultures, management processes and systems. This......
View the rest of this paper...
Approximate Word Count: 760
Approximate Pages: 4 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Trace The Development Of Strategic Human Resource Management From ...
Trace The Development Of Strategic Human Resource Management From The Resource
Based View Of The Firm. How Does The Resource Based ... -
Strategic Human Resource Management
Strategic Human Resource Management. ... Kamoche, K. (1996). Strategic human resource
management within a resource-capability view of the firm. ... -
Strategic Human Resource Management
Strategic Human Resource Management. In today's intensely competitive and
global marketplace, maintaining a competitive advantage ... -
Trace The Development Of Strategic Human Resource Management From ...
Trace The Development Of Strategic Human Resource Management From The Resource
Based View Of The Firm. How Does The Resource Based ... -
The Practice Of Strategic Human Resource Management
THE PRACTICE OF STRATEGIC HUMAN RESOURCE MANAGEMENT. Formulating and
implementing HR Strategies ? There is typically no single HR ...
