Hr Is Business: Achieving Competitive Advantage Through Strategic Talent Management

HR is Business: Achieving competitive advantage through strategical talent management
W.B. Scott-Jackson Centre for Applied HR Research, Oxford Brookes University Business School, Oxford, UK SKOPE, University of Oxford, Oxford, UK Oxford strategical Consulting, Oxford, UK Corresponding Author: Professor William Scott-Jackson, OSC, 34 St John St, Oxford, OX1 2LH Tel: 0044 (0) 7785 110910. email: wsj@oxfordstrategicconsulting.com

Abstract: All organizations, whether in the public or cloak-and-dagger sector, aim to carry through strategic objectives. This requires a clear fellow feeling and linkage between these strategic goals and the key capabilities required for their touchment. To achieve sustainable competitive advantage organizations need two kinds of capabilities: Non-contingent capabilities ar those capabilities which e rattling organization needs, in varying degrees, such(prenominal) as effective financial management. These are the basics that pull up stakes enable an organization to be just as redeeming(prenominal) as its competitors. Differentiating capabilities are those that distinguish one organization from other and can provide real competitive advantage.



Many HR activities (including standardized competency frameworks and talent processes) aim to develop non-contingent capabilities except these can only meet the basic requirements for future system and are often un-related to the strategy itself. As a result, very few HR plans address the real need to achieve competitive advantage through differentiating capabilities. In effect, most HR plans aim to develop people who are competent in the same areas as their competitors which clearly cannot enable competitive advantage. This whitethorn be the major reason why HR functions suck generally failed to clearly link their activities to the achievement of business strategy. This written report first defines strategic differentiating capabilities and then describes a process for identifying and creating such capabilities through effective talent management processes. This...If you want to shake up a full essay, order it on our website: Orderessay



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