Human Capital Management for the Improvement of Competitiveness in Firms

2018 ◽  
pp. 1708-1725 ◽  
Author(s):  
Knut Ingar Westeren
Keyword(s):  
Human Capital ◽  
Empirical Study ◽  
Transfer Process ◽  
Knowledge Capital ◽  
Sustainable Competitive Advantage ◽  
Single Factor ◽  
Capital Management ◽  
Human Capital Management ◽  
Competitive Situation

Human capital management has been viewed as a necessity to acquire and maintain a sustainable competitive advantage for firms since modern management theory emerged. In this chapter we will first give an overview of how knowledge capital can be linked to the competitive situation of companies. Then we will focus more specifically on how knowledge capital can be measured. We will use the MERITUM framework to measure how different aspects of the knowledge of the employees contribute to the competitiveness of the company. In the empirical part we will show a case study of how this analysis and measurement can be done. From the empirical study we find that the knowledge transfer process is the most important single factor to enhance competitiveness.

Human Capital Management for the Improvement of Competitiveness in Firms

2016 ◽  
pp. 89-105
Author(s):  
Knut Ingar Westeren
Keyword(s):  
Human Capital ◽  
Empirical Study ◽  
Transfer Process ◽  
Knowledge Capital ◽  
Sustainable Competitive Advantage ◽  
Single Factor ◽  
Capital Management ◽  
Human Capital Management ◽  
Competitive Situation

Human capital management has been viewed as a necessity to acquire and maintain a sustainable competitive advantage for firms since modern management theory emerged. In this chapter we will first give an overview of how knowledge capital can be linked to the competitive situation of companies. Then we will focus more specifically on how knowledge capital can be measured. We will use the MERITUM framework to measure how different aspects of the knowledge of the employees contribute to the competitiveness of the company. In the empirical part we will show a case study of how this analysis and measurement can be done. From the empirical study we find that the knowledge transfer process is the most important single factor to enhance competitiveness.

scholarly journals The Relationship between HRM Strategies and Sustainable Competitive Advantage: Strategic Agility as a Mediating Variable

2021 ◽  
Vol 124 ◽  
pp. 08008
Author(s):  
Maged Barahma ◽  
Mohmed Battour ◽  
Kalsom Binti Ali ◽  
Mohammad Nashief
Keyword(s):  
Human Capital ◽  
Competitive Advantage ◽  
Human Resources Management ◽  
Global Changes ◽  
Sustainable Competitive Advantage ◽  
Manufacturing Companies ◽  
Capital Management ◽  
Human Capital Management ◽  
Strategic Agility ◽  
The Relationship

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.

scholarly journals Editorial: The War for Talent: Technologies and solutions toward competency and skills development and talent identification

2013 ◽  
pp. 1-9
Keyword(s):  
Human Capital ◽  
Critical Issue ◽  
Skills Development ◽  
Sustainable Competitive Advantage ◽  
Capital Management ◽  
Human Capital Management ◽  
Recruitment Process ◽  
Talent Identification ◽  
Development Assessment ◽  
War For Talent

This special issue is dedicated to advanced technological solutions and novel methodical approaches toward human capital management in terms of career development, assessment and recruitment as a driver for innovation and sustainable competitive advantage for academia and business in the changing conditions of the global employment market, and the War for Talent. Latest competitiveness-driven developments in productivity and services move forward human capital management and assessment technology and services alongside with talent identification as a driver for innovation and key source of maximizing the Return-On-Investment in people and technology in academia and business. Governments and business start thinking about competency and skills development as the critical issue for the workforce, and the workplaces. Against this background, a complex interrelationship arises between strategic management, human capital management, and the overall quality management in every educational and enterprise setting. In addition, identifying highly competent human capital develops into a challenging issue of the recruitment process.

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