Critical to a corporation's growth and prosperity is gaining and retaining competitive advantage.... more Critical to a corporation's growth and prosperity is gaining and retaining competitive advantage. Although corporations may pursue many paths to this end, one that is frequently not recognized is capitalizing on superior human resource management. Currently, many companies recognize the growing importance of their human resources, but few are conceptualizing them in strategic terms-in ways to gain a competitive advantage. As a result, many companies forego the opportunity to seize competitive advantage through human resource practice initiatives. However, there are a few companies that do not forego the opportunity. We use them as examples to show how to systematically develop such advantages via a "target/thrust matrix." The end results of this matrix have significant implications for both corporate strategy and personnel and human resource management. In an earlier article, MacMillan presented the concept of strategic initiative and defined it as the ability of a company or a strategic business unit to capture control of strategic behavior in the industries in which it competes (1983, p. 43). To the extent a company can gain the initiative, competitors are obliged to respond and thus play a reactive rather than a proactive role. Consequently, if it can gain a strategic advantage, a company can control its own destiny, and, to the extent it can gain an advantage difficult for competitors to remove, stay in control longer. Thus the financial benefits of gaining competitive advantage are enormous! MacMillan (1983) suggests that gaining a competitive advantage requires an understanding and anticipation of response barriers, intelligence systems , preemption potentials, infrastructure requirements, calculated sacrifices, general management challenges, and punch and counterpunch planning. The purpose of this article is to expand upon his discussion of the infrastructure requirements. In doing so, we will show how companies can strategically utilize these infrastructure requirements to gain competitive advantage, particularly through their human resources and human resource management practices.
Quick answers and ready-to-use code to get you more productive in C# 2010 development 7.5 x 9.25 ... more Quick answers and ready-to-use code to get you more productive in C# 2010 development 7.5 x 9.25 spine = 1.90625" 1016 page count this print for content only—size & color not accurate
A Programmer's Introduction to Visual Basic. NEThelps current Visual Basic developers id... more A Programmer's Introduction to Visual Basic. NEThelps current Visual Basic developers identify and understand some of the major changes are between Visual Basic and Visual Basic. NET. This book also explores why developers should move to Visual Basic. Learn ...
Critical to a corporation's growth and prosperity is gaining and retaining competitive advantage.... more Critical to a corporation's growth and prosperity is gaining and retaining competitive advantage. Although corporations may pursue many paths to this end, one that is frequently not recognized is capitalizing on superior human resource management. Currently, many companies recognize the growing importance of their human resources, but few are conceptualizing them in strategic terms-in ways to gain a competitive advantage. As a result, many companies forego the opportunity to seize competitive advantage through human resource practice initiatives. However, there are a few companies that do not forego the opportunity. We use them as examples to show how to systematically develop such advantages via a "target/thrust matrix." The end results of this matrix have significant implications for both corporate strategy and personnel and human resource management. In an earlier article, MacMillan presented the concept of strategic initiative and defined it as the ability of a company or a strategic business unit to capture control of strategic behavior in the industries in which it competes (1983, p. 43). To the extent a company can gain the initiative, competitors are obliged to respond and thus play a reactive rather than a proactive role. Consequently, if it can gain a strategic advantage, a company can control its own destiny, and, to the extent it can gain an advantage difficult for competitors to remove, stay in control longer. Thus the financial benefits of gaining competitive advantage are enormous! MacMillan (1983) suggests that gaining a competitive advantage requires an understanding and anticipation of response barriers, intelligence systems , preemption potentials, infrastructure requirements, calculated sacrifices, general management challenges, and punch and counterpunch planning. The purpose of this article is to expand upon his discussion of the infrastructure requirements. In doing so, we will show how companies can strategically utilize these infrastructure requirements to gain competitive advantage, particularly through their human resources and human resource management practices.
Quick answers and ready-to-use code to get you more productive in C# 2010 development 7.5 x 9.25 ... more Quick answers and ready-to-use code to get you more productive in C# 2010 development 7.5 x 9.25 spine = 1.90625" 1016 page count this print for content only—size & color not accurate
A Programmer's Introduction to Visual Basic. NEThelps current Visual Basic developers id... more A Programmer's Introduction to Visual Basic. NEThelps current Visual Basic developers identify and understand some of the major changes are between Visual Basic and Visual Basic. NET. This book also explores why developers should move to Visual Basic. Learn ...
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