Competitive Advantage And Human Resource Strategy Essay

Competitive payoff And Human Resource Strategy - Essay ExampleHuman vision strategies are a rectify of practices and helpes that are applied by the piece preference management in coordination with other departmental managers in order to develop solutions to human option related problems. Competitive prefer on the other overhaul refers to an fundamental laws potential difference to gain the benefits of its economic ventures in a competitive environment. It defines an organizations capacity to harbour and overcome competition in its market. This paper seeks to discuss the concept of environmental factors affecting human resource and doing, and concepts of competitive advantage and human resource strategy. The paper will explore the elements and develop a blood between them.Human resource management competencies towards competitive advantageCompetency refers to the ability to undertake a task satisfactorily. Its scope defines success and efficiency in processes and activit ies. Human resource management competency and then relates to initiatives taken in the process of human resource management to ensure that the objectives of the management are expeditiously achieved. Grobler and Warner defines competency as a set of behaviour, knowledge, skill, or capability that forecast an outcome of a process (Grobler and Warner, 2005, p. 482). Establishment of such elements of competency in an organization is a benchmark for desired success. Human resource competency bath therefore be understood as a set of knowledge have by the human resource management personnel or personal traits of a manager and can be applied either at individual take aim or at organizational level (Grobler and Warner, 2005). The definition and scope of human resource competency has identified its essence towards improved performance finished human resource management. Some of the benefits that relates to human resource competency includes good communication skills and effective foste ring techniques towards higher performance as well as measurement, monitoring and evaluation of human resource performance for comparison with set rumps. Human resource competency is therefore based on an ultimate target of an efficient performance of human resource and associated processes (Storey, 2008). Rogers defines competitive advantage as an organizations potential to embrace and endure competition in its environment. Some of the elements that defines competitive advantage includes development of products that are unique, top-hole to competition, sustainable, applicable to multiple businesses or situations and is hard to copy (Rogers, 2009). These features establish an organization above others and maintains the organizations distinction. Khosrowpour also defines competitive advantage as the state at which an organization is able to operate in a more efficient or higher quality manner (Khosrowpour, 2007). The scope of human resource competency and competitive advantage ther efore establishes a strong relationship between the two elements of an organizations human resources management with enhanced performance as an underlying factor (Rogers, 2009). One of the competencies that human resource managers need in order to make a strategic contribution to competitive advantage is sufficient knowledge and ideas in business. Business knowledge refers to a comprehensive understanding of the business environment. A manager with sufficient business knowledge is for instance informed of the components of the organizations environment, both inseparable and extern, the organizations objectives, how the goals are to be attained as well as the