Resources for What? Understanding Performance in the Resource-Based View and Strategic Human Capital Resource Literatures

2021 ◽  
pp. 014920632110031
Author(s):  
Robert E. Ployhart
Keyword(s):  
Human Capital ◽  
Competitive Advantage ◽  
Research Needs ◽  
Resource Based View ◽  
Strategic Human Capital ◽  
Specific Performance ◽  
Collective Performance ◽  
And Performance ◽  
Performance Behavior ◽  
Management Scholarship

Barney’s presentation of the resource-based view (RBV) profoundly shaped the trajectory of management scholarship. This article considers the RBV’s impact specifically on the field of strategic human capital resources. Although Barney is still highly relevant, I suggest that research has not sufficiently appreciated the role that individual and collective performance behavior and outcomes play in linking human capital resources to competitive advantage. An alternative, what might be called RBV2.0, posits that research needs to recognize that human capital resources are distinct from performance behavior and outcomes. Such an observation raises the question, “Resources for what?” Answering this question leads to several important insights. First, a given type of human capital resource is only important to the extent it is related to performance behavior and outcomes that contribute to competitive advantage. Second, performance behavior is largely strategy-specific and thus firm-specific. Third, firm specificity is not a characteristic of human capital resources but rather a function of the proximity of the resource to firm-specific performance behavior and outcomes. Consequently, “Performance” is the answer to the question, “Resources for what?” This emphasis on understanding human capital resource-performance relationships adds considerable precision into the RBV, helps resolve puzzles in the strategic human capital literature relating to firm specificity and performance mobility, and promotes a deeper understanding hiding latent within Barney’s original view.

Appropriation of Value from Competitive Advantages

2017 ◽  
Author(s):  
Andy El-Zayaty ◽  
Russell Coff
Keyword(s):  
Human Capital ◽  
Strategic Management ◽  
Competitive Advantage ◽  
Value Creation ◽  
Bargaining Power ◽  
Competitive Advantages ◽  
Firm Level ◽  
Resource Based View ◽  
Strategic Human Capital ◽  
The Creation

Many discussions of the creation and appropriation of value stop at the firm level. Imperfections in the market allow for a firm to gain competitive advantage, thereby appropriating rents from the market. What has often been overlooked is the continued process of appropriation within firms by parties ranging from shareholders to managers to employees. Porter’s “five forces” model and the resource-based view of the firm laid out the determinants of value creation at the firm level, but it was left to others to explore the onward distribution of that value. Many strategic management and strategic human capital scholars have explored the manner in which employees and managers use their bargaining power vis-à-vis the firm to appropriate value—sometimes in a manner that may not align with the interests of shareholders. In addition, cooperative game theorists provided unique insights into the way in which parties divide firm surplus among each other. Ultimately, the creation of value is merely the beginning of a complex, multiparty process of bargaining and competition for the rights to claim rents.

scholarly journals Does the ‘Process’ of Process Capital Matter to Performance? Evidence from Kenyan Commercial Banks

2019 ◽  
Vol 5 (1) ◽  
pp. 105-114
Author(s):  
Peter Nderitu Githaiga ◽  
Joyce Kiomosop Komen ◽  
Josephat Cheboi Yegon
Keyword(s):  
Life Cycle ◽  
Firm Performance ◽  
Panel Data ◽  
Competitive Advantage ◽  
Commercial Banks ◽  
Product Life Cycle ◽  
Dynamic Environment ◽  
Resource Based View ◽  
Customer Expectation ◽  
And Performance

Globalization, changing customer expectation and shrinking product life-cycle depict process capital as a source of competitive advantage in modern economies. Consequently, organizations are gradually becoming more process oriented to cope with a dynamic environment. However, the process capital and performance causality is scanty in extant literature. Besides, previous studies overlooked the process aspect of process capital. Thus, the objective of this study was to determine whether the “process” of process capital matters to firm performance. The hypothesis was tested using panel data for the years 2008-2017 extracted from 31 commercial banks in Kenya. The findings showed that process capital had a positive and significant effect on performance (β = 0.275, ρ-value 0.000<0.05). Consistent with the resource based view theory; the study concluded that the process of process capital influences firm performance.

Global Talent Management and Performance in Multinational Enterprises: A Multilevel Perspective

2018 ◽  
Vol 45 (2) ◽  
pp. 540-566 ◽  
Author(s):  
David G. Collings ◽  
Kamel Mellahi ◽  
Wayne F. Cascio
Keyword(s):  
Human Capital ◽  
Multinational Enterprises ◽  
Talent Management ◽  
Individual Performance ◽  
Future Research ◽  
Resource Based View ◽  
Sustainable Performance ◽  
Multilevel Perspective ◽  
And Performance ◽  
Transnational Strategy

The link between global talent management (GTM) and multinational enterprises’ (MNEs) performance has not been theorized or empirically tested. We develop a theoretical framework for how GTM links to performance at the headquarters (HQ), subsidiary, and individual employee levels. Using the resource-based view as a frame, we highlight the routines of pivotal positions, global talent pools, and a differentiated HR architecture as central to GTM. We show that at the HQ level, an MNE’s adoption of a global, multidomestic, or transnational strategy determines the objectives of the GTM system and significantly influences the performance of the enterprise. At the subsidiary level, the alignment between HQ intentions and subsidiary implementation of GTM routines is a key variable in our analysis. We consider the effects of these higher-level factors on individual performance through the lens of human-capital resources, focusing on how individual human capital can translate or amplify to a unit-level human-capital resource. We argue that through the vertical fit of these higher-level factors with GTM routines at a given level, an MNE can develop an effective GTM system and expect that to translate into sustainable performance aligned with objectives set at headquarters. The paper concludes with an agenda for future research.

scholarly journals Keunggulan Bersaing Berkelanjutan Sekolah Alam Berbasis Model Resource-Based View

2020 ◽  
Vol 4 (1) ◽  
pp. 73
Author(s):  
Abdul Kholik ◽  
Sobrul Laeli
Keyword(s):  
Human Capital ◽  
Competitive Advantage ◽  
Intellectual Capital ◽  
Relational Capital ◽  
Sustainable Competitive Advantage ◽  
Resource Based View

Kompetisi atau persaingan dalam dunia pendidikan di era globalisasi merupakan suatu hal yang tidak bisa dielakkan. Dengan adanya persaingan, lembaga pendidikan dihadapkan pada berbagai ancaman dan peluang baik itu eksternal maupun internal sehingga memberikan pengaruh yang cukup besar terhadap keberlangsungan lembaga pendidikan tersebut. Salah satu strategi yang dapat diterapkan lembaga pendidikan khususnya sekolah alam dalam memenangkan persaingan adalah dengan menciptakan Sustainable Competitive Advantage, dan model Reosuce-Based View, yaitu salah satu model yang bisa digunakan untuk mendapatkan keunggulan bersaing secara berkelanjutan. Model ini memandang bahwa organisasi bersaing berdasarkan sumber daya dan kemampuan yang dimilikinya. Perbedaan sumber daya dan kemampuan organisasi dengan organisasi pesaing akan memberikan keuntungan kompetitif untuk mempertahankan keunggulan maupun untuk dapat bertahan di tengah-tengah persaingan. Tujuan penelitian ini adalah ingin melihat lebih dalam tentang bagaimana sekolah alam memaksimalkan sumber daya yang mereka miliki sehingga dapat menciptakan keunggulan bersaing yang berkelanjutan sehingga dapat berkompetisi dengan sekolah lain pada umumnya. Metode yang digunakan dalam penelitian ini adalah deskriptif kualitatif dengan jenis penelitian studi kasus. Data primer dikumpulkan dengan studi lapangan yang menggunakan teknik observasi, wawancara mendalam dan kuesioner. Data sekunder dikumpulkan dengan desk study terhadap literatur dan dokumen terkait. Hasil penelitian ini menunjukkan bahwa Sekolah alam Al-Giva menciptakan keunggulan bersaing secara berkelanjutan (Sustainable Competitive Advantage) dengan cara memaksimalkan intellectual capital atau sumber daya internal tidak berwujud yang meliputi human capital, structrual capital, dan relational capital.  Dari ketiga aspek inilah keunggulan bersaing secara berkelanjutan didapat, karena ketiga aspek ini sama-sama bernilai, langka, sulit ditiru, dan tidak dapat digantikan. Nilai kebaruan dalam penelitian ini adalah memotret implementasi model resource-based view di sekolah alam dalam menciptakan sustainable competitive advantage.

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