Chapter 2 - Business and Staffing Strategies Chapter 2...

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Business and Staffing Strategies Chapter 2
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Learning Objectives Explain how different staffing strategies support different business strategies. Describe the resource-based view of the firm and how staffing can contribute to a company’s sustainable competitive advantage. Explain how talent philosophy influences HR and staffing strategies Describe the strategic staffing decisions any organization must make.
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Why Does One Company Succeed and Another Fail? Differences in their strategic, financial, and technological capabilities Differences in organizational capabilities generated by attracting, retaining, motivating, and developing talented employees Staffing therefore plays a central role in creating and enhancing any organization’s competitive advantage
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Resource-Based View of the Firm Proposes that a company’s resources and competencies (including its talent) can produce a sustained competitive advantage by creating value for customers by: Lowering costs Providing something of unique value Or some combination of the two Focuses attention on the quality of the skills of a company’s workforce at various levels, and on the quality of the motivational climate created by management. Human resource management is valued not only for its role in implementing a given competitive scenario but also for its role in generating strategic capability . Staffing has the potential to create organizations that are more intelligent and flexible than their competitors, and that exhibit superior levels of cooperation and operation.
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Five Requirements of a Competitive Advantage
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This note was uploaded on 10/17/2011 for the course MNGT 450 taught by Professor Dr.rawat during the Spring '11 term at Nicholls State.

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Chapter 2 - Business and Staffing Strategies Chapter 2...

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