Hr-Make Human As Strategic Competitive Advantage

Topic: Make serviceman Capital a ascendant of Competitive Advantage

Lecturer : Lim Sim Guan

Introduction

In an economic environment that is increasingly complex and competitive, reliance on intangible assets such as human capital is being seen as the best trend for companies to survive and thrive. Managers across the world would agree with the assertion that slew are our most important asset. In different words, human capital is considered one of the most important elements of sustainable competitive advantage in most organisations.

But do companies really put what they say into action? If companies are dear about leveraging the strength of their people, a number of things must be done in conjunction with one a nonher(prenominal) and companies need to mould themselves into a Human Capital centrical organization.

Research by Edward E. Lawler III from the University of Southern California looks at the way companies can really accept a difference, not by words but by actions. His argument is unless you make 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 fullest; collective Boards, Leadership, The Human Resource department, and Information Systems.

Each of these areas allow be explored in more depth. Our consensus is certainly in pact with the author.

Great responsibility upon Corporate Boards

One of the assumptions associated with making Human Capital (HC) a source of competitive advantage is: Corporate Boards can and should offer sufficient expertise and insight to give the sack on human capital and organizational effectiveness issues.

Boards should claim access to the same amount of information on the organizations HC condition as they do on the monetary aspects of the company. What are the metrics that drive 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: Orderessay



If you want to get a full essay, wisit our page: write my essay .