scholarly journals Knowledge and Human Capital as Sustainable Competitive Advantage in Human Resource Management

2019 ◽  
Vol 11 (18) ◽  
pp. 4985 ◽  
Author(s):  
Miloš Hitka ◽  
Alžbeta Kucharčíková ◽  
Peter Štarchoň ◽  
Žaneta Balážová ◽  
Michal Lukáč ◽  
...  

The ability to do business successfully and to stay on the market is a unique feature of each company ensured by highly engaged and high-quality employees. Therefore, innovative leaders able to manage, motivate, and encourage other employees can be a great competitive advantage of an enterprise. Knowledge of important personality factors regarding leadership, incentives and stimulus, systematic assessment, and subsequent motivation factors are parts of human capital and essential conditions for effective development of its potential. Familiarity with various ways to motivate leaders and their implementation in practice are important for improving the work performance and reaching business goals. Pearson’s chi-square test is used to test correlation between the motivation factors relating to career aspiration and education. Following the research results, the fact that there is dependence between the motivation factors relating to career aspiration and completed education can be stated. The motivation factors relating to career aspiration are important, even very important for highly educated employees and employees with upper secondary education. Following the research results, the fact that the requirements and expectations relating to career aspiration are more demanding when the education completed by employees is higher is confirmed.

2017 ◽  
Vol 6 (2) ◽  
pp. 1
Author(s):  
Albert Naiem Naguib ◽  
Eahab Elsaid ◽  
Abdel Moneim Elsaid

This study examines the relationship between dynamic capabilities (experience, routine, skills, firm characteristics, knowledge and technology) and competitive advantage sustainability in the Egyptian pharmaceutical sector. The data was collected using primary and secondary data sources. Primary data was collected from questionnaires distributed to 160 top managers in 20 pharmaceutical firms. The secondary data about pharmaceutical firms like rankings, revenues and market share was collected from external sources such as Intercontinental Marketing Service (IMS). The questionnaires examine six independent variables based on a five-scale Likert scale. The methodology used in the study is non-probability sampling (judgmental sampling), Cronbach’s alpha reliability coefficient and Chi-square tests. The results support the notion that there is a significant relationship between four of the six dynamic capabilities (experience, skills, firm characteristics and knowledge) and the competitive advantage sustainability for pharmaceutical firms in Egypt. Designing the questionnaire and formulating the questions to target the required field was challenging, given that the topic is dynamic and the business scene in Egypt has witnessed drastic political changes since January 2011. The study should assist pharmaceutical companies in Egypt in directing their investments properly and in determining the weaknesses in their dynamic capabilities that need to be addressed.


2020 ◽  
Vol 8 (6) ◽  
pp. 239-249
Author(s):  
Nurul Hidayah ◽  
Ahmad Badawi ◽  
Lucky Nugroho ◽  
Moetopo

This study aims to determine the effect of human capital and the use of information technology on the competitive advantage of Sharia banking. The study takes an analysis unit of Indonesia Sharia banking. The type of data used is primary data using a questionnaire which sampling used is a stratified random sampling model where respondents in this study consist of leaders and employees in Sharia banking. This research uses desciptive qualitative approach. Data analysis used PLS consisting of Outer Model test (Validity and Reliability) and Inner Model test (coefficient of determination and T test). The results show that human capital has no significant effect and the use of information technology has a significant effect on the sustainable competitive advantage of Sharia Banking.


2018 ◽  
Vol 2 (1) ◽  
pp. 35-46
Author(s):  
Ngatindriatun Ngatindriatun

The aim of the research was to analyze the management of the SMEs of Troso Weaving Craft in Jepara Regency in relation to the human resources. In order that the SMEs can compete with today’s industry, the SMEs are required to be able to run their businesses professionally and to innovate, as well as to implement new breakthroughs. Therefore, the management of the SMEs needs to develop their intellectual ability and competitive advantage for their products. Intellectual capital is the intangible resource that can be used as the source of sustainable competitive advantage. The measurement of IC associated with competitive advantage was made against the elements of human capital, structural capital and costumer capital. Hence,this research discussed a model that relates the intellectual capital of the SMEs to the competitive advantage of the SMEs of Troso Weaving Craft in Jepara Regency. For the development of the model and hypothesis, the research used the Structural Equation Modelling (SEM), by taking the samples of 157 SMEs of Troso Weaving Craft selected in simple random sampling. The analysis results show that human capital, structural capital, and customer capital have the effect on competitive advantage. It means that the improvement of the competitive advantage for Troso Weaving Craft requires trainings in the managements of production, distribution, marketing and finance for all individuals and employees of the SMEs.


Author(s):  
María Bastida Domínguez

The aim of this chapter is to highlight the properties presented by the international human capital that allows us to conceptualize it as a strategic resource of organizations, and therefore, a potential source of sustainable competitive advantage. We highlight the role of international assignments as a preferred way for companies to contribute to developing global skills in leadership. Finally, under the consideration of the difficulties that can raise these assignments, both in terms of cost and effectiveness, we review some other alternative ways of development that companies are currently hiring: short-term expatriates, virtual, self-initiated and inpatriation.


SAGE Open ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 215824402199670
Author(s):  
Yuqiu Lu ◽  
Guowei Li ◽  
Zhe Luo ◽  
Muhammad Anwar ◽  
Yunju Zhang

Steered by the resource-based view theory, this study scrutinizes the impact of the dimensions of Intellectual Capital (IC)—human capital, structural capital, and relational capital (RC)—on sustainable growth (SG) with the mediating role of Sustainable Competitive Advantage (SCA). We gathered data from 2010 to 2017 of 90 listed firms of China and Pakistan, respectively, and applied EVIEWS. The results indicate that IC plays a significant role in the SG of Chinese and Pakistani firms. IC has a significant influence on differentiation strategy (DS) in Chinese firms whereas only RC has an insignificant influence on DS in Pakistani firms. IC has a significant influence on cost leadership strategy (CLS) in Pakistani firms whereas structural and RC have an insignificant influence on the SG of Chinese firms. In terms of the mediating role, DS partially mediates the relationship between IC and SG in Pakistani firms while it only fully mediates the path between RC and SG in Chinese firms. CLS partially mediates the relationship between IC and SG in Chinese firms while it fully mediates the association between human capital and SG in Pakistani firms. This study recommends Chinese and Pakistani firms to encourage investment in IC to gain SCA and SG in the turbulent markets. To concise, this research advises Chinese firms to invest a satisfactory amount in human capital as compared with structural and RC. However, Pakistani firms should focus on IC to gain SCA and SG.


2021 ◽  
Vol 124 ◽  
pp. 08008
Author(s):  
Maged Barahma ◽  
Mohmed Battour ◽  
Kalsom Binti Ali ◽  
Mohammad Nashief

Manufacturing companies face different challenges due to the continuous and rapid global changes and development in business. Manufacturing companies should review the adopted system and the applied strategies. Therefore, an efficient human capital is needed to survive and to achieve the strategic goals. The human capital management should be able to propose new methods to improve strategic agility under the environment that is rapidly changing, facing severe competition, capable to utilize resources, and following the market trends. Moreover, the human capital management should identify the right competitors, consumers, opportunities, and threats that enable Manufacturing companies to be efficient, rapid, flexible, and proactive. In turn, manufacturing companies’ competitive capabilities will be improved; the existing products will stay longer in the market, new products will be introduced, sustainable competitive advantage will be gained, and strategic sovereignty will be achieved in local and regional markets. Thus, this paper discusses the relationship between human resources management (HRM) strategies and sustainable competitive advantage (SCA) where strategic agility is mediating variable. it provides some original insights into the interactions between these variables. This paper is also expected to provide some suggestions to manufacturing companies to success and to survive, especially in Yemen.


2020 ◽  
Vol 4 (1) ◽  
pp. 73
Author(s):  
Abdul Kholik ◽  
Sobrul Laeli

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.


Author(s):  
Benjamin Oyegoke Akinyemi

The critical role of human capital (HC) in creating and sustaining the competitive edge at organizational and national levels is recognized by researchers and practitioners. Human resource (HR) is the major driver of organizational success and the principal element that makes a business. Financial resources and technology are essential but people are the primary means by which progress is made. Leveraging, therefore, the HC to gain and sustain competitive advantage in an environment of accelerated pace of change is highly imperative. The purpose of this article is to discuss the significance and leveraging of human capital (HC) for sustainable competitive advantage (SCA) in the new economy. It gives an overview of the human capital management (HCM) concept, distinguishing it from personnel management and human resource management (HRM) and discusses HCM’s significant role as key differentiator for organizational SCA.


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