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Dr. Paul M. Swiercz Department of Management Science The George Washington University 202-994-0399 prof1 @ gwu.edu PowerPoint Presentation
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Human Resource Systems for Competitive Advantage. Dr. Paul M. Swiercz Department of Management Science The George Washington University 202-994-0399 prof1 @ gwu.edu. “There is nothing quite so practical as a good theory”. Kurt Lewin. Outline. Introduce strategy and competitive advantage

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slide1

Human Resource Systems

for Competitive Advantage

Dr. Paul M. Swiercz

Department of Management Science

The George Washington University

202-994-0399

prof1@gwu.edu

outline
Outline
  • Introduce strategy and competitive advantage
  • Review of systems theory
  • Resource Theory of the Firm
  • FourSquare Model of Competitiveness
strategy is
Strategy is:
  • The pattern of decisions that integrates goals and actions into a cohesive whole, directing the allocation of the organizational resources toward the develop of a distinctive competence
three levels of strategy
Three Levels of Strategy
  • Corporate
  • Business
  • Functional
systems theory
Systems Theory
  • All systems are open systems
  • Boundaries between systems are artificial
  • Large systems are chaotic
  • Systems tend to be homeostatic
sustainable competitive advantage
Sustainable Competitive Advantage

The unique position an organization

develops in relation to competitors that allows it to outperform them consistently. (Hofer and Schendel, 1978)

resource theory of the firm
Resource Theory of the Firm
  • Firms are bundles of resources
  • Firms within a strategic group are mostly similar and modestly different
  • Resource differences are the source of sustainable competitive advantage
resource sub groups
Resource Sub-groups
  • Physical
  • Human
  • Organizational
distinctive competence is
Distinctive competence is:
  • the special skills, capabilities, technologies, products, or resources that enable a firm to distinguish itself from its rivals and create a competitive advantage
stages of capitalism
Stages of Capitalism
  • Petite Capitalism
  • Industrial Capitalism
  • Global Capitalism
slide12

FourSquare Model of Competitiveness

Finance

Operations

Marketing

Rewards

Staffing

HR

Influence

Design

what is strategic hrm
What is Strategic HRM?

Two step definition:

the HR System is the set of policies and practices that

mediate the relationship between employer and employee.

Strategic HRM is directed at the development and

implementation of an HR System contributing to

the creation of a sustainable competitive advantage.

slide14

FourSquare Model of Competitiveness

Financial

Operations

Staffing

Rewards

Marketing

Influence

Human

Resources

Design

Competitive Strategy

HR Sub-systems

Employment

Relationship

Individual

Behaviors

Firm

Performance

Inducement

Investment

Involvement

Contribution

summary
Summary
  • HR is a key performance sub-system
  • Strategic HR is primarily concerned with the employment relationship
  • the HR system is an organizational resource in its own right