Human recourse management

Human recourse management

Compulsory:
 
Understand
 how
 several
 HR
 practice
 might
 develop
 different
 forms
 of
 capital
 to
 
boost
 organizational
 performance
 

 
Introduction
 

 
Facing
  the
  intensive
  competition
  in
  the
  market
  today,
  the
  organization
  could
 
build
 its
 competitive
 advantage
 to
 compete
 with
 its
 rivals
 and
 become
 the
 leader,
 
especially
  using
  a
  problem-­‐solving
  capability,
  which
  refers
  that
  workers
  and
 
managers
  can
  identify
  and
  solve
  more
  quality
  problem
  than
  rivals,
  learning
 
faster
 on
 how
 to
 reduce
 unit
 cost
 and
 improve
 consumer
 satisfaction.
 However,
 it
 
is
  more
  difficult
  to
  sustain
  a
  competitive
  than
  building
  one.
  From
  a
 
resource-­‐based
  view,
  the
  competitive
  advantage
  could
  be
  sustained
  if
  the
 
resources
 are
 rare,
 valuable,
 inimitable
 and
 non-­‐substitutability.
 Compared
 with
 
other
  resources
  such
  as
  physical
  resources
  and
  financial
  resources,
  human
 
resources
  are
  hard
  to
  be
  replicated
  by
  rivals.
  Hunan
  Resource
  Advantage
  (HRA),
 
is
  the
  series
  of
  policies,
  practices
  and
  process
  that
  together
  contribute
  to
  the
 
competitive
 advantage
 of
 the
 organizations.
 What
 is
 more,
 recruitment,
 training
 
and
  reward
  system
  have
  large
  influence
  on
  human
  resource
  advantages
  and
 
building
  problem-­‐solving
  capability.
  Therefore,...

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