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The Organization System - Culture And HR Policies - Online Term Paper

The Organization System - Culture And HR Policies

Four basic requirements of in human resource management (HRM) mentioned in Wright and McMahan (1992) and their application in my firm.
The evolution of strategic human resource development is a continuous process which incorporates human resource system with respect to the demands of business strategy and the pattern of planned human resource activities with the main goal being ensuring that the organization achieves its objectives (wright &McMahan, 1992). I work on a construction company where the issue of sufficient, quality efficient human resource and human resource management has be the major key to success. In this human resource management, human resource activities are linked ...

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requirements. These resources must be valuable, rare, inimitable, and non-sustainable.
Once incorporated together in any firm, these requirements can ensure that the firm or business unit has higher than average profits for the firm in its market and this implies that it has a competitive advantage (Griffin & Pustay, 1996). To generate a competitive advantage to the firm, human resources need to be integrated with the appropriate strategy.
Resources are said to be inimitable if they can only be employed by a certain company and can not be easily imitated by another firm or there is no similar substitution by similar resources employed by another firm (wright &McMahan 1992). Through this, the firm can take advantage to gain competitiveness which may not be enjoyed or pursued by other companies. To meet these for requirements, human resources play a significant role (Griffin & Pustay, 1996).
Valuable human resources entail employees with high values who can be trained in ...

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The Organization System - Culture And HR Policies. (2011, November 24). Retrieved December 23, 2024, from http://www.essayworld.com/essays/The-Organization-System-Culture-HR-Policies/100062

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PAPER DETAILS

Added: 11/24/2011 03:31:05 AM
Submitted By: frankinoti
Category: Business
Type: Premium Paper
Words: 727
Pages: 3

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