Human Resource and Resource Base View of The Firm: Presented By: Maham Areeba Maryam Arooj
Human Resource and Resource Base View of The Firm: Presented By: Maham Areeba Maryam Arooj
Of The Firm
presented
presented by
by ::
Maham
Maham
Areeba
Areeba
Maryam
Maryam
Arooj
Arooj
Cont
Another view of RBV
Highly skilled and motivated workforce
Lead to competitive advantage
Cont.
Another view
Unique, synergistic and ambiguous HR
practices
Not imitable and lead to competitive
advantage
Cont.
Alignment of interest to create talented
workforce
Another view said the uniqueness exist in
skills of worker
Example of a company.
1994, Competitive Advantage on basis of
HR.
Changed situation in 1997.
Lost competitive edge.
Two conclusion:
1. Imitable competitive advantage.
2. Uncertain.
Skills
Team Performance
Strategy
Unobservability
Proxy
Inimitable
Validity???
Variables
Human Capital
Core competencies
Collective learning within the
organization,
Involve may levels of people and all
functions.
Competency depends upon the
people who comprise it.
Require people management
system.
Link btw strategy and HR
Dynamic Capabilities
Need to focus on new capabilities in
dynamic environment.
Require organizational processes to
administer these capabilities.
Knowledge base
Focus on knowledge to gain
competitive edge over competitors.
Job related knowledge
Market related knowledge
Has brought together the field of HR
and strategy.