Environmental Analysis: A HR Perspective
HI, . I'd point writer moriks58 write essay. This essay Strategic Human Resource Management Employment Relations. If problem, feel free email . gongzilingwq@hotmail. Research Paper- Environmental Analysis: An HR perspective Maximum 2,000 words (excluding references) Topic: Firms achieve sustained competitive advantage adopting a proven design strategic human resource management practices.
Environmental Analysis: A HR perspective
The internal and external environments of an organization profoundly influence the business strategies that can be adopted by the organization. They also influence how the HR department of the organization handles its activities since they need to be linked up to the environmental analysis. The human resources of an organization play a key role in the performance of the organization. It is thus vital for the organization to use the most favorable HRM practices for the organization's competitive advantage. These practices include pay for performance, employee training and development and creating a high performance work environment.
Introduction
Definition of terms
Competitive advantage in business refers to the strategic position which one business places itself over its competitors in order to strengthen their position in the business environment to generate greater value in terms of sales, revenues and profits for all its stakeholders. Sustainability of the competitive advantage is extremely crucial. If the competitive advantage is sustainable, it becomes harder for competitors to neutralize it. There are two types of competitive advantage. The first is comparative advantage which is also referred to as cost advantage. Comparative advantage refers to the ability of an organization to sell its goods or services at a rate that is lower than that of its competitors or to generate a larger sales margin. The second type is differential advantage or product differentiation which is created when the products of a company or organization differ from that of the competitors, and they are seen to be better than that of the competition.
Strategic human resource management (HRM) refers to the design of organizations or companies to best meet their human resource needs while at the same time promoting the goals of the company. It is a proactive way of managing the human resources of the organization which requires the human resources managers to think ahead and plan for various ways in which the company will continue to meet the employee needs and the employees also meet the needs of the company itself. Strategic HRM affects the way things are done in business greatly, and it improves everything from the hiring practices of the company or organization as well as employee training and development programs. Strategic HRM also focuses largely on employee training and development. This is where the company recruits and interviews prospective employees in order to improve the technique used in finding relevant applicants who may not be a perfect match for the company itself.
Position
Strategic HRM can be used in both large and small companies. It immensely involves conducting an environmental analysis which focuses on the internal strengths and weaknesses of the organization as well as the external environment for sources of opportunities and present or potential threats. Beer, Spector, Lawrence, Mills, and Walton (1984)
created a model which is known as the Harvard Approach and which was a heavy influence to the Paauwe (2004)
approach Boselie, 2010.
The model has six components which include the interests of stakeholders, situational factors, HRM policy choices, HR outcomes and long-term consequences. This model has been extended greatly by Baron and Kreps (1999)
and Paauwe (2004)
. According to the model, there is a need to align or fit all the components into the strategic HRM practice in order for the organization to gain competitive advantage. Proper alignment creates the best social, economic and legal environment for the organization which plays a monumental role in the capabilities of the organization Boselie, 2010()
Sustained competitive advantage is quite a challenge for many organizations especially to the human resource managers. Scholars have attempted to use resource-based theory (RBT) development to marry sustained competitive advantage with strategic HRM. The scholars have argued that any channel which an organization can use to gain competitive advantage is essential and RBT is one of these channels Wright, Dunford, & Snell, 2001.
It involves the organization acquiring the necessary human resources which enable it to expand their portfolio by building on the other existing resources Barney, Ketchen, & Wright, 2011()
Past research also suggests that the employees of an organization can be a prime source of sustained competitive advantage. They can also determine whether the organization is successful or not. The...
Corporate Social Responsibility and Environmental Ethics Abstract/Introduction -- No one can argue that the international business community is becoming more and more complex as a result of globalism. In turn, this complexity is driven by an increasing understanding of sustainability, going "green," and bringing ethical and moral philosophy into the business community. British Telecom, for instance, noted in 2007 that it had reduced its carbon footprint by 60% since 1996, setting
Training Needs Analysis Practices for Managers: A Study of Saudi Arabia Private Firms Training needs analysis (TNA) is defined by Mabey and Salman (1995:158) as a "process of collecting data which allows an organization to identify and compare its actual level with its desired level of performance." The authors also indicate that this performance could be interpreted as meaning the competencies and attitude necessary for the staff to do the
diversity in management? Technological developments and the emergence of a universal, globalized economy have brought individuals from different societies closer than they have ever been. Hence, institutions like schools/colleges and corporations are seeking means to better cater to the entities constituting them. This encompasses the ability of attracting and retaining the finest and most capable workforce. Diversity deals entirely with difference. It implies: the presence of a broad array of
political scenario illustrated that governments all over the globe are making their immigration rules more stringent because of the rise in terrorism; the implication of this phenomenon is a decrease in international traveling, which endangers continuance of a number of airlines, including Nigeria's Arik Air (Eze, 2010). Hofstede's power distance dimension denotes the degree to which unequal distribution of power is anticipated and accepted by the lower ranking members
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense
Goals Related to This Course: The baccalaureate nurse leader should be proficient in current leadership and management techniques, as well as developing an awareness of his or her strengths and weaknesses as a leader. Managerial tools such as change theory, quality improvement processes, budget analyses, strategic planning and performance appraisal are crucial to the baccalaureate educational experience. It is the purpose of this assignment to evaluate how knowledge of Leadership
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now