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HR and competitive advantage

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Why is it important for a company to make its human resources into a competitive advantage? How can HR contribute to doing so?

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This solution discusses why it is important for a company to make its human resources into a competitive advantage.

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In today's competitive and fast changing dynamic business environment, it is important for an organization to focus on total quality management in the organization with respect to all aspects in order to be more competitive and productive. Human Resources being an integral part of an organization is no exception in this regard. There has been increasing cry among the organizations all over the world to cut down costs, improve productivity and efficiency in order to face fierce competition ...

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