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CAHRS Working Paper Series Center for Advanced Human Resource Studies (CAHRS)
4-1-1997
On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage
Jay B. Barney
Ohio State University
Patrick M. Wright
Cornell University
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On Becoming a Strategic Partner: The Role of Human Resources in Gaining Competitive Advantage
Abstract
Although managers cite human resources as a firm's most important asset, many organizational decisions do not reflect this belief. This paper uses the VRIO (value, rareness, imitability, and organization) framework to examine the role that the Human Resource (HR) function plays in developing a sustainable competitive advantage. We discuss why some popularly cited sources of sustainable competitive advantage are not, and what aspects of a firm's human resources can provide a source of sustainable competitive advantage. We also examine the role of the HR executive as a strategic partner in developing and maintaining competitive advantage within the firm.
Keywords
manager, human resource, firm, value, organization, function, HR, advantage
Comments
Suggested Citation Barney, J. B. & Wright, P. M. (1997). On becoming a strategic partner: The role of human resources in gaining competitive advantage (CAHRS Working Paper #97-09). Ithaca, NY: Cornell University, School of Industrial and Labor Relations, Center for Advanced Human Resource Studies. http://digitalcommons.ilr.cornell.edu/cahrswp/150
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