Strategic Management of Human Resources For Global Competitive Advantage

Abagail McWilliams · David D. Van Fleet · Patrick M. Wright

60 citations0/0 files storedJournal of Business Strategies

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Human Resource and Talent Management International Business and FDI Management and Organizational Practices

Abstract

This article extends the literature on the role of human resources in globalcompetitiveness by focusing on the ability of transnational firms to create asustainable competitive advantage through the strategic management of theirwork force. We focus on the ability of managers to strategically draw frommultiple human resource labor pools, creating a competitive advantage fortransnational firms vis-a-vis domestic and multinational firms. A model, whichextends the resource-based view of the firm, is developed.

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References

2004Firm resources and sustained competitive advantage 1984A resource‐based view of the firm 1993The cornerstones of competitive advantage: A resource‐based view 1991The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation 1996Production, Information Costs and Economic Organization 1993Strategic assets and organizational rent 1996Exploring internal stickiness: Impediments to the transfer of best practice within the firm 1986International dimensions of organizational behavior

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2010Swimming against the tide: Outward staffing flows from multinational subsidiaries 2011Intellectual capital configurations and organizational capability: An empirical examination of human resource subunits in the multinational enterprise 2007Strategic Issues and Local Constraints in Transnational Compensation Strategies:2009Between a rock and a hard place: managing diversity in a shareholder society 2008Senior managers' perceptions of the practice of human resource management

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