Hr-Make Human As Strategic Competitive Advantage

Topic: Make serviceman Capital a root of Competitive Advantage Lecturer : Lim Sim Guan Introduction In an economical environment that is increasingly complex and agonistical, reliance on nonphysical assets such as human uppercase is beingness seen as the best trend for companies to survive and thrive. Managers across the world would go over with the assertion that slew are our just about important asset. In different words, human capital letter is considered one of the close to important elements of sustainable competitive advantage in most organisations. But do companies really put what they say into execute? If companies are dear about leveraging the strength of their people, a number of things must be done in alliance with one a nonher(prenominal) and companies need to mould themselves into a charitable Capital centrical organization. Research by Edward E. Lawler III from the Unive rsity of southerly California looks at the way companies can really receive a difference, not by words but by actions. His argument is unless you wangle fundamental changes; your Human Capital is being underutilized.

He cites cardinal pillars that are critical if human capital is to play its design to the climbest; collective Boards, Leadership, The Human Resource department, and data Systems. Each of these areas allow be explored in more depth. Our consensus is for certain in pact with the author. Great responsibility upon Corporate Boards atomic number 53 of the assumptions associated with m aking Human Capital (HC) a source of competi! tive advantage is: Corporate Boards can and should offer sufficient expertness and insight to give the sack on human capital and organizational effectiveness issues. Boards should claim access to the same get along of information on the organizations HC condition as they do on the monetary aspects of the company. What are the metrics that rag corporate performance? merely then when it comes the time to make strategy decisions about organizational...If you regard to get a full essay, order it on our website: OrderCustomPaper.com

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