The cornerstones of competitive advantage: a resource-based view

Article Abstract:

The relationship between a firm's performance and its resource endowments is examined. Maintaining competitive advantage requires that four conditions be met: intra-industry heterogeneity, imperfect resource mobility and ex ante and ex post limits to competition. The first condition implies that firms of different resource endowments and capabilities within the same industry must be able to survive in the market. Imperfect resource mobility, on the other hand, implies that resources are firm-specific and thus difficult to bid away. Finally, prior to and subsequent to a firm's gaining superiority in resources, there should be measures that limit competition for economic rents (ex ante) and for market position (ex post). Applications of this framework to business and corporate strategy are discussed.

Management, Economic aspects, Organizational effectiveness, International competition (Commerce), International competition (Economics), Resource allocation

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Human resource planning and organization performance: an exploratory analysis

Article Abstract:

A study of the effect of personnel planning on organization performance did not reveal significant differences in performance between companies using formal human resource planning and those who do not. A positive change in performance after initiation of human resource planning was indicated compared to non-users of these systems.

Planning, Human resource management, Labor supply, Labor force, Human capital

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Lend me your wallets: the effect of charismatic leadership on external support for an organization

Article Abstract:

Two studies are conducted to test whether charismatic leadership can influence external support for the organization particularly in making the company more attractive to outside investors. It is observed that the influence of charismatic appeals and charismatic leadership may affect the general risk propensities of followers.

Analysis, Influence, Organizational research, Leadership

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