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'The essence of strategic human resource management is in the development of staff to achieve competitive advantage in the marketplace'.
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'The essence of strategic human resource management is in the development of staff to achieve competitive advantage in the marketplace' To understand the importance of Human Resource Management (HRM) to the achievement of competitive advantage it is necessary to look at a range of conflicting opinions on various topics. This illustrates the scope of HRM and shows the key to a successful organization be the development of staff. Given the rapid pace at which markets are expanding and changing, the successful firm will make the most of one of their most valuable resources - their employees. Amongst the aims of HRM are resource development, enhancing motivation and commitment and developing the employment relationship. As identified by Storey (1989) there are two versions of HRM. 'Hard' HRM and 'Soft' HRM. The Hard version takes a business strategic approach. As opposed to soft which Storey (1989) observes as treating employees as a source of...
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