Open AccessSUSTAINING COMPETITIVE ADVANTAGE THROUGH HRM: DEVELOPING STRATEGIC INTENT
Author(s) -
Priyanka Gupta
Publication year - 2020
Publication title -
annamalai international journal of business studies and research
Language(s) - English
Resource type - Journals
ISSN - 0975-749X
DOI - 10.51705/aijbsr.2020.v12i01.007
Subject(s) - competitive advantage , mindset , business , strategic planning , knowledge management , originality , strategic management , conceptual framework , best practice , competence based management , strategic human resource planning , value (mathematics) , strategic leadership , strategic alignment , human resource management , process management , strategic financial management , marketing , management , computer science , political science , sociology , economics , social science , artificial intelligence , machine learning , creativity , law
Purpose: This research consolidates existing literature and presents a conceptual framework for strategic human resources management (SHRM). The paper posits that SHRM provides sustained competitive advantage to organizations. Using the lens of „strategic intent? the paper highlights how „having strategic intent? can enable optimal implementation of HRM best practices and policies leading to implementation of strategic HRM and sustained competitive advantage for the organization. Design: This research reviews existing theories in SHRM and uses a detailed case study based on Southwest airlines to highlight some best practices in HRM that make HRM strategic and provide sustained competitive advantage. Findings: This research has used the lens of strategic intent to convey that HRM best practices can be successfully implemented when they integrate with organizational strategy and a mindset of strategic intent. Originality: This research consolidates the existing literature and highlights some of the best practices in HRM and details how they provide sustained competitive advantage to the organization. Implications: The findings in this research are significant and relevant for HR professionals and senior business leaders as it signifies that HRM has economic value which compounds to create present and future worth for the organization and all its stakeholders.