Strategic HRM Essay Example | Topics and Well Written Essays - 3000 words - 1

Strategic HRM - adjudicate Exampleesearch for best practice and RBV perspectives especially when there are examples of firms such as Google that have winning employed these perspectives. However, it is concluded that the greater success of best-fit perspective does not mean best practices and RBV perspectives should be throw out as the two have important contribution to management efforts to improve organisational performance.According to Barney (1991), firms establish competitory advantage everyplace the rest within a particular industry when they control heterogeneous resources including human resources. Further, such resources of the firm must not be perfectly mobile or transferable crossways the rest of competing firms in order to establish a long-lasting heterogeneity. Therefore, the RBV of a firm model argues that a firm that successfully creates sustainable competitive advantage over the rest in an industry is genius that has unique resources and capabilities within th e environment. To establish how a firm controls its resources, Barney (1991) established the VRIN model to account for valuable, rare, imperfectly imitable, non-Substitutable features of resources that a firm must control to establish its competitive advantage in an industry. Therefore, establishing competitive advantage ground on these features of resources is perceived as the best approach for firms to enhance their performance and be ahead of others in the industry.While applying RBV of a firm to HRM Boxall and Purcell (2003) argues that firms adopting this framework will establish human resource advantage over the rest in the industry. For firms adopting this framework in their practices, the goal according to the authors is develop strategic capability in terms of strategic fit between resources and opportunities. Additionally, such firms must endeavour to ensure deployed resources generate good while recruitment and employment policies result in developing people with knowle dge and skills essential in strategic thinking and