Discuss to what extent HRD is a source of competitive advantage for achieving strategic goals in a constantly changing environment, considering links with other SHRM practices.

Order Description

Context:

Human resource development (HRD) plays a key role in developing human expertise, which underpins organisational capabilities such as talent management, innovation and collaboration.  As such, HRD is associated with change, learning and improved performance at an individual and organisational level.

Question:

Discuss to what extent HRD is a source of competitive advantage for achieving strategic goals in a constantly changing environment, considering links with other SHRM practices.

 

What the Report SHOULD include:

  • What is HRD (Human Resource Development)? What are its component parts?
  • How can it offer competitive advantage?
  • What is competitive advantage? – Define the concept
  • What are the sources of competitive advantage?
  • How does HRD offer competitive advantage?
  • What are the links between HRD and other SHRM practices?
  • In what ways does HRD link with other activities within the organisation?
  • How do these links explain the way organisations achieve competitive advantage?

 

Additional Tips

  • Remember to back up your arguments with evidence from wider reading (short quotes, or paraphrases), explore different perspectives on the topic, and draw your own conclusions based on your arguments.
  • You can also provide specific examples to illustrate your points
  • Plan the structure of your assignment carefully (Report Format), considering the headings and sub-headings that will keep you on track and ensure you fully answer all areas of the question.

 

Report Structure

  • Follow Report Format:
    • Introduction – set the scene
    • Main Body – present your findings using headings, paragraphs and clear Harvard referencing. Make use of tables and bullet points (short/very brief + 1-5 points max) when appropriate to present your thoughts clearly.
    • Conclusion – sum up your findings and recommendations
    • References and Bibliography – in accurate Harvard style (please use academic literature eg. Books and articles)
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