question archive Human resources Question: A company source of competitive advantage can be from its skilled employees
Subject:ManagementPrice: Bought3
Human resources Question: A company source of competitive advantage can be from its skilled employees. Skilled employees are reported to be capable in reducing internal costs hence contributing to higher operating margins. Therefore, achieving company sustainable competitive advantage from loyal skilled employees are deemed important which one marked can be obtained through human resource management. Nevertheless, there are companies or leaders that are still unaware on the importance of human resource management. Definition of "Human Resource Management" (HRM) - (rephrase with own words) Explanation on the importance of HRM in an organization TWO (2) factors / reasons why some organizations refuse / reject HRM. can use example to further explain or elaborate the identified factors. THREE (3) NEGATIVE impacts of not practicing HRM in an organization. can use example to further explain or elaborate the identified impacts. (Those negative impacts must be FACTUAL, adapted / retrieved from reliable sources i.e. newspapers / case study / online journal / company report etc. Citation is required) can explain the negative impacts either towards the employees or the company Suggest ONE (1) method that can be done to generate awareness on the importance of HRM among ALL companies' leaders and managers. Provide explanation why do you it is a good suggestion and will receive positive feedback from employers. can support answer with factual case study -Conclusion References (in-text & reference list)