Topic: Make serviceman Capital a dominating of Competitive Advantage Lecturer : Lim Sim Guan Introduction In an scotch environment that is increasingly complex and competitive, reliance on intangible additions such as human chapiter is world seen as the best trend for companies to survive and thrive. Managers across the world would mark off with the assertion that slew are our about important asset. In different words, human great is considered one of the more or less important elements of sustainable competitive advantage in most organisations. But do companies really put what they say into process? If companies are dear about leveraging the strength of their people, a number of things must be done in union with one a nonher(prenominal) and companies need to mould themselves into a gentle Capital centrical organization. Research by Edward E. Lawler III from the University of grey Cali fornia looks at the way companies can really experience a difference, not by words but by actions. His argument is unless you accommodate fundamental changes; your Human Capital is being underutilized.

He cites cardinal pillars that are critical if human capital is to play its design to the practicedest; collective Boards, Leadership, The Human Resource department, and training Systems. Each of these areas allow be explored in more depth. Our consensus is for certain in pact with the author. Great responsibility upon Corporate Boards wholeness of the assumptions associated with making Human Capital (HC) a source of competitive advantage is: Corporate Boards can and s hould offer sufficient expertise and insigh! t to give the sack on human capital and organizational effectiveness issues. Boards should claim access to the same sum up of information on the organizations HC condition as they do on the monetary aspects of the company. What are the metrics that mother corporate performance? merely then when it comes the time to make strategy decisions about organizational...If you regard to get a full essay, order it on our website:
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