Chapter 1 A Strategic Approach To Organizational Behavior. Michael A. Hitt C. Chet Miller Adrienne Colella. Slides by Ralph R. Braithwaite. George Zimmer. Exploring Behavior in Action. Strategic Use of Human Capital.
Michael A. Hitt
C. Chet Miller
Slides by Ralph R. Braithwaite
Exploring Behavior in ActionStrategic Use of Human Capital
George Zimmer effectively uses his human capital. His company has a core set of beliefs:
What are your thoughts about these beliefs?
Why has Men’s Wearhouse been more successfulthan similar businesses? Why do you think other businesses have not been able to imitate their success?
Studying organizational behavior with a strategic lens is important because:
Productivity of Individuals and Groups
Satisfaction of Individuals and Groups
Interpersonal FactorsStrategic Approach
Adapted from Exhibit 1-1: Factors and Outcomes of a Strategic Approach to Organizational Behavior
A collection of individuals forming a coordinated system of specialized activities for the purpose of achieving certain goals over some extended period of time.
The sum of the skills, knowledge, and general attributes of the people in an organization
Difficult to imitate
Supported by effective management
Temporary Competitive Advantage
Sustained Competitive Advantage
Above NormalOverall Potential
Are human resources in the firm . . .
Adapted from Exhibit 1-2: Human Capital and Competitive Advantage
Individual Incentive Systems
Individual Piece Rate Systems
Knowledge and Skill-Based Pay