“Competitive Advantages” in Strategic Human Resources Management (SHRM) refer to different HR practices: Strategic Human Resource Management Individual Assignment, SU, Malaysia

Question 1: Writing Assignment (35%)

“Competitive Advantages” in Strategic Human Resources Management (SHRM) refer to different HR practices and strategies that enable an organization to outperform its competitors, attract and retain the best employees, and finally achieve its business objectives more successfully.  These benefits can greatly contribute to an organization’s success in a competitive market.  There are several competitive advantages in human resource management such as talent acquisition and recruitment, employee development and training, compensation and benefits, performance management, diversity, workforce planning and flexibility, leadership development, etc.

Regarding the above statement, answer the following questions:

1. Discuss competitive advantage in HRM within the context of the 21st century.

(15 marks)

2. Explain the importance of strategic workforce planning for gaining a competitive advantage.

(10 marks)

3. Investigate the role of leadership development in achieving and sustaining competitive advantage.

(10 marks)

Answer

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