Article -- Barney&Wright -- Role of human resources in gaining a competitive advantage
5 important questions on Article -- Barney&Wright -- Role of human resources in gaining a competitive advantage
Which three basic types of resources of a firm provides a competitive advantages?
- Organizational capital resources --> firm's structure, planning, controlling, coordination and HR systems
- Human capital resources --> skills, judgement, intelligence of firm's employees
From which skills can you easier get a sustainable competitive advantage?
What are the three implications regarding competitive advantages?
2. SCA comes from teams more than from individuals --> teams are greater sources of CA due to social complexity and causal ambiguity --> Competitors do not know where the advantage is coming from
3. SCA comes from HR systems more than from single HR practices --> HR manager needs to create synergies between the individual and HR practices where a system of interdependencies is created
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What are the four implications for HR executives?
2. Understand the economic consequences of human resource practices in the firm
3. Understand how the human resources and HR practices work in comparison to those in competing firms
4. Understand the role of human resources function in building organizational capacity for the future
What is the ultimate quest for the HR function?
The question on the page originate from the summary of the following study material:
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- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
