COMPETENCY BASED APPROACH FOR SUSTAINED COMPETITIVE ADVANTAGE

Tosheva, Elizabeta and Panovski, A (2012) COMPETENCY BASED APPROACH FOR SUSTAINED COMPETITIVE ADVANTAGE. BAS Institute of Management - Bitola, Bitola, Macedonia. ISBN 978-608-4690-02-3

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Official URL: http://www.bas.edu.mk/zbornik.pdf

Abstract

Drawing on the theoretical insights from the resource-based view of strategic human resources management, the purpose of this study is to explore the potential of HR systems to facilitate the development and utilization of organizational competencies. The designated competencies (managerial, input-based, transformational and output based) contribute for considering the concept of sustainable competitive advantage in the context of two theoretical frameworks: environmental determinism (which includes the microeconomic elements and industrial relations) and strategic selection (which includes economic and strategic choices). The model I/O (Input/Output) requires identifiable competencies that potentially generate sustainable competitive advantage for the firm. Basic assumption of this model is that managerial competencies and strategic focus are broadly responsible for attracting specialized resources, which are synergistically combined, transformed and delivered to the selected customers in a ways that generate sustainable competitive advantage for the firm. Keywords sustainable competitive advantage, competency based approach, strategic HRM

Item Type: Book
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Law
Depositing User: Mr Mladen Kradzoski
Date Deposited: 26 Mar 2019 17:51
Last Modified: 26 Mar 2019 17:51
URI: http://eprints.uklo.edu.mk/id/eprint/1557

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