Dynamic capabilities: the strategy-HRM intersect?

Author: Ghanam Denise   Cox Philip  

Publisher: Inderscience Publishers

ISSN: 1479-4853

Source: International Journal of Learning and Intellectual Capital, Vol.4, Iss.1-2, 2007-05, pp. : 57-74

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Abstract

The Resource-Based View (RBV) of the firm provides interesting insight into strategic competencies such as managing human capital. In reflecting this, many organisations have adopted the term 'strategic human resource management' to indicate both a new entity and a new role. This paper discusses that transformation as debated in recent literature and proposes the current viewpoint of dynamic capabilities for understanding the connection of strategy and human resources. It provides examples from a recent case study to demonstrate the implementation of this intersection. This framework then has implications for other key strategic decisions like outsourcing, developing technological innovations, or rightsizing.