Hrm Essay5

Only available on StudyMode
  • Download(s) : 86
  • Published : May 6, 2013
Open Document
Text Preview
Cornell University ILR School

DigitalCommons@ILR
CAHRS Working Paper Series Center for Advanced Human Resource Studies (CAHRS)

4-1-1997

On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage Jay B. Barney
Ohio State University

Patrick M. Wright
Cornell University

Follow this and additional works at: http://digitalcommons.ilr.cornell.edu/cahrswp This Article is brought to you for free and open access by the Center for Advanced Human Resource Studies (CAHRS) at DigitalCommons@ILR. It has been accepted for inclusion in CAHRS Working Paper Series by an authorized administrator of DigitalCommons@ILR. For more information, please contact jdd10@cornell.edu.

On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage Abstract

Although managers cite human resources as a firm's most important asset, many organizational decisions do not reflect this belief. This paper uses the VRIO (value, rareness, imitability, and organization) framework to examine the role that the Human Resource (HR) function plays in developing a sustainable competitive advantage. We discuss why some popularly cited sources of sustainable competitive advantage are not, and what aspects of a firm's human resources can provide a source of sustainable competitive advantage. We also examine the role of the HR executive as a strategic partner in developing and maintaining competitive advantage within the firm. Keywords

manager, human resource, firm, value, organization, function, HR, advantage Comments

Suggested Citation Barney, J. B. & Wright, P. M. (1997). On becoming a strategic partner: The role of human resources in gaining competitive advantage (CAHRS Working Paper #97-09). Ithaca, NY: Cornell University, School of Industrial and Labor Relations, Center for Advanced Human Resource Studies. http://digitalcommons.ilr.cornell.edu/cahrswp/150

This article is available at DigitalCommons@ILR: http://digitalcommons.ilr.cornell.edu/cahrswp/150

CAHRS / Cornell University 187 Ives Hall Ithaca, NY 14853-3901 USA Tel. 607 255-9358 www.ilr.cornell.edu/CAHRS/

WORKING PAPER SERIES
On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage Jay B. Barney Patrick M. Wright
Working Paper 9 7 - 0 9

Advancing the World of Work

Becoming a Strategic Partner

WP 97-09

On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage

by Jay B. Barney Faculty of Management and Human Resources The Ohio State University Columbus, OH 43210-1399 and Patrick M. Wright School of Industrial and Labor Relations Cornell University Ithaca, NY 14853-3901 Working Paper 97-09

http://www.ilr.cornell.edu/cahrs
* Please send all correspondence regarding this manuscript to Patrick M. Wright, School of Industrial and Labor Relations, 393 Ives Hall, Cornell University, Ithaca, NY, 14853-3901, (607) 255-3429.

This paper has not undergone formal review or approval of the faculty of the ILR School. It is intended to make results of Center research available to others interested in preliminary form to encourage discussion and suggestions.

Page 1

Becoming a Strategic Partner

WP 97-09

Abstract

Although managers cite human resources as a firm's most important asset, many organizational decisions do not reflect this belief. This paper uses the VRIO (value, rareness, imitability, and organization) framework to examine the role that the Human Resource (HR) function plays in developing a sustainable competitive advantage. We discuss why some popularly cited sources of sustainable competitive advantage are not, and what aspects of a firm's human resources can provide a source of sustainable competitive advantage. We also examine the role of the HR executive as a strategic partner in developing and maintaining competitive advantage within the firm.

Page 2

Becoming a Strategic Partner

WP 97-09...
tracking img