PowerPoint Presentation

presented by :MahamAreebaMaryamArooj

Human Resource And Resource Base View Of The FirmResource Based ViewThe resource-based view as a basisfor the competitive advantage of a firm lies primarily inthe application of a bundle of valuable tangible or intangible resources at the firm's disposal.

Can firms human resource provide sustainable competitive advantage?

Different views of different studiesOne study says no Hr practices are imitable

ContAnother view of RBVHighly skilled and motivated workforceLead to competitive advantage

Cont.Another viewUnique, synergistic and ambiguous HR practicesNot imitable and lead to competitive advantage

Cont.Alignment of interest to create talented workforceAnother view said the uniqueness exist in skills of worker

Can human capital pool ,employees relationship and management practices lead to competitive advantage?Human capital pool collectively and individually engage in behaviour beneficial for firm

10The Difference in ViewExample of a company.1994, Competitive Advantage on basis of HR.Changed situation in 1997.Lost competitive edge.Two conclusion:Imitable competitive advantage.Uncertain.Skills Team PerformanceStrategy

Theory vs. Empirical EvidenceTheory is not fully tested.Some attributes of the firm.Operating performance.HPWS are difficult to imitate?Data based on literature.HR practices and skills?Skills and performance?Lack of model.

Convergence of RVB &SHRMRVB has contributed to the field of SHRM. highlight the importance of people for competitive advantage.

bridge between HR &strategyCore CompetenciesDynamic capabilitiesKnowledge base view.

Core competenciesCollective 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 CapabilitiesNeed 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 knowledgeHas brought together the field of HR and strategy.