1. best-practice HRM
Particularly, how a company is run, and how they treat their employees and customers help set the core competencies, which distinguish one organization from its competitors. An organization has to be able to do a good job of managing their human capital, which is the knowledge, skills, and capabilities that add value to the organizations. ... Adapted from Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People by Charles A. ... According to Thompson (2001), competitive advantage is the ability of an organization to add more value for its customers than its riva...
- Word Count: 2981
- Approx Pages: 12
- Grade Level: Undergraduate