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Competing for and with Human Capital

Author : J. Stewart Black
Publisher : CRC Press
Page : 220 pages
File Size : 49,51 MB
Release : 2019-05-28
Category : Business & Economics
ISBN : 1000001938

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Executives say that people are their most important asset, but most don’t walk the talk. They don’t have systematic strategies for how to get the people they want to want them. They don’t have measures and metrics for how they are doing to be the employer of choice. They don’t hold leaders accountable regarding those ambitions. In many cases, this is because top leaders don’t have concrete tools to help them do what they know they should. This book fills that gap in three major sections. The first section supports with clear and compelling data what executives intuitively but somewhat superficially believe—that people are their most important asset. The second section provides a systematic process and set of tools to help leaders get the people they want to want them; it shows executives how to win the competition for human capital. The third section then helps leaders position people appropriately so that they can create a sustainable competitive advantage; its shows executives how to compete with human capital. When it comes to human capital, most books get it wrong. Strategy books place human capital to the side as an enabler of competitive advantage. HR books treat human capital as a support activity to business strategy. This book places human capital where it should be—not to the side and not as an enabler or a support activity, but at the center and as the source of competitive advantage.

Strategic Human Capital

Author : Andrea Lanza
Publisher : Edward Elgar Publishing
Page : 144 pages
File Size : 27,24 MB
Release : 2020-05-29
Category : Business & Economics
ISBN : 1789908590

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This timely and insightful book bridges the gap between Strategy and Organization disciplines in the study of human capital. Andrea Lanza and Giuseppina Simone offer an innovative, unifying conceptual framework for managing this crucial asset. Based on original empirical evidence, the authors put forward a fresh perspective not on human capital strategy, dramatically advancing the field of strategic human capital with respect to both academic knowledge and managerial applications.

Beyond HR

Author : John W. Boudreau
Publisher : Harvard Business Press
Page : 269 pages
File Size : 10,8 MB
Release : 2007
Category : Business & Economics
ISBN : 142210415X

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In Beyond HR: The New Science of Human capital, John Boudreau and Peter Ramstad show you how to do this through a new decisions science-talentship. Through talentship, you move far beyond merely reactive mind-set of planning and budgeting for headcount and hiring and retaining talent.

Competition and Human Capital Accumulation

Author : Julio Rotemberg
Publisher : Forgotten Books
Page : 46 pages
File Size : 18,75 MB
Release : 2018-02-28
Category : Business & Economics
ISBN : 9780267112173

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Excerpt from Competition and Human Capital Accumulation: A Theory of Interregional Specialization and Trade Marshall (1920) posits instead that the external economies arise from proximity to specialized inputs. As noted by Helpman and Krugman unless there is a natural comparative advantage for the production of these inputs in the region, this explanation is incomplete. The puzzle is simply rolled back to the previous production stage: Why do the producers of inputs locate in the region? Our theory is that the location decisions of the firms and their input suppliers are interdependent. Input suppliers find it advantageous to be located where they have several potential customers because competition among their downstream customers assures them a fair return. In the absence of such competition, the relatively immobile suppliers would be subject to the monopsony power of the downstream firms. Foreseeing that monopsony power would be used to drive down input prices, potential input suppliers would not choose to invest ex ante in the accumulation of the capital necessary to supply the inputs efficiently. This critical role of competition in securing a return to suppliers is one of the elements in Porter's (1989) broad treatise on regional agglomeration. For concreteness, the particular input we focus on is industry specific human capital which is costly for individuals to acquire, such as the specific hand-eye coordination needed to cut diamonds or the skills which facilitate the creation of a new chocolate concoction. If trained workers can choose among several potential employers, they will be paid as a function of their marginal product. By contrast, if there is only one potential employer, and it is impossible to write contracts that specify the level of training, there is no reason for this monopsonist to pay trained employees any more than untrained employees earn (in this industry or elsewhere). The hold-up problem described by Williamson (1975) arises. Confronted with the prospect of a single potential employer, workers do not find it worthwhile to accumulate human capital. Moreover, if entry by firms is costly, firms will themselves refrain from entering if they can expect to be the only firm in the industry. The industry can only exist with several closely located competitors. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Harnessing Human Capital Analytics for Competitive Advantage

Author : Yadav, Mohit
Publisher : IGI Global
Page : 390 pages
File Size : 30,91 MB
Release : 2018-03-09
Category : Business & Economics
ISBN : 1522540393

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The workforce is considered to be the lifeblood within many major corporations. The ability of management to effectively utilize the knowledge and skills of their workforce is essential in ensuring the success of their corporations. Harnessing Human Capital Analytics for Competitive Advantage is a critical scholarly publication that explores the influence that workforce knowledge and skills can have on the performance of corporations and how such skills can be used to promote the success of corporations. Featuring coverage on a wide range of topics including employee happiness, mind genomics, and e-commerce adoption, this book is geared toward managers, professionals, and practitioners seeking current research on the advantage of utilizing workforce knowledge and skills to promote corporate success.

Human Capital Management

Author : Mark Salsbury
Publisher : CreateSpace
Page : 230 pages
File Size : 47,58 MB
Release : 2013-10
Category : Business & Economics
ISBN : 9781492721680

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We're constantly looking for ways to make our companies or organizations more successful.We often ask ourselves: “What can we do to develop and drive maximum organizational performance?“ “How can we separate ourselves from the competition?” “How can we build a long-term sustainable advantage?” It used to be that organizations could differentiate themselves through such means as product leadership, advanced technology, geographic coverage or process management tools and systems. But in today's ultra-competitive global business environment, these advantages are short-term and temporary. The reality is that the only long-term sustainable advantage that remains is the “people.” However, leveraging your workforce as a practice isn't so easy to understand, let alone accomplish… unless you have a roadmap or path to help you along the way. Human Capital Management: Leveraging Your Workforce for a Competitive Advantage is just that. Your roadmap to maximizing your most important organizational asset: your people. This roadmap is centered on Human Capital Management as a practice, and focuses on how to successfully implement organizational goals that are heavily reliant on the collective efforts of the people in your organization. This book is practical, and from a seasoned business executive's point of view. It's relevant for any size organization, both for profit and not-for-profit. Real-life examples are included to support the principles and key learning points. This book was written primarily for people who are in a position to directly and significantly influence an organization through its human capital, that is, CEOs, HR managers and other leaders who are charged with the responsibility to make their organizations successful. It's also applicable to aspiring managers, professionals, and students who can learn new organizational and management techniques that will be helpful to them as they navigate their careers. Whether you're a student aspiring to be a business leader, an already seasoned exec or someone who would like to climb the ranks of their company, this book has plenty of resources to offer with supporting anecdotes that can help not only you, but your organization benefit as a whole.

Beyond HR

Author : John W. Boudreau
Publisher : Harvard Business Press
Page : 258 pages
File Size : 28,77 MB
Release : 2007-06-19
Category : Business & Economics
ISBN : 1422148130

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Is your talent strategy a unique competitive advantage? As competition for top talent increases, companies must recognize that decisions about talent and its organization can have a significant strategic impact. Beyond HR shows how organizations can uncover distinctive talent contributions, strategically differentiate their HR practices and metrics, and more optimally allocate talent to create value. Illustrations from companies such as Disney, Boeing, and Corning describe a new decision science called Talentship, that reveals opportunities by identifying strategy pivot points and the optimal talent and organization decisions that address them. A unique framework helps readers identify their own distinctive strategic pivot points and connect them to talent decisions, showing how today’s “HR” can evolve to fulfill its potential as a source of strategic advantage.

Competitive Advantage from Human Capital Investment

Author : Michael E. Echols
Publisher :
Page : 148 pages
File Size : 22,63 MB
Release : 2006
Category : Business & Economics
ISBN : 9781930819498

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"An explanation, including formulas, as to how businesses can best utilize their human capital resources to create a competitive advantage"--Provided by publisher.