Abstract
The present chapter focuses on the interrelations between organisational human capital and human resources management of a company and their influence on the competitive advantage and company effectiveness. At the outset, we analyse three concepts related to Human Resources Management: High Performance Work System, Competency-Based HRM, and Diversity Management. We present the main benefits, as evidenced by findings from international surveys, which firms can draw from the implementation of such concepts. In the paper, we pay particular attention to the most recent Polish analyses related to each of the aforementioned concepts. They show that, taking into account the state of advancement of HR solutions, Polish organisations lag quite far behind European and American ones. This distance can be reduced, e.g. by the popularisation of tools for measuring human resources in Polish enterprises. One such recent tool is presented in this chapter. This tool could prove instrumental in making Polish employers appreciate the importance of investing in human capital; furthermore, it could increase their knowledge of the effect that HRM practices have on the performance of their enterprises and their competitive position.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
The survey was carried out in 104 medium and large enterprises operating in Poland from knowledge-intensive industries (on the sample of 2045 employees and 104 heads of HRM units) as part of the project âCreating engagement in the context of diversity managementâ, financed from the funds of the National Centre for Science (Narodowe Centrum Nauki) pursuant to agreement No. UMO-2012/07/B/HS4/03008.
- 2.
The âHuman capital as a company value componentâ project (No. POKL.02.01.03-00-036/11) is a system innovative project implemented by the Polish Agency for Enterprise Development (Project Leader) and the Warsaw School of Economics (Partner), co-financed from the funds of the European Social Fund as part of the Human Capital Operational ProgrammeâPriority II Development of human resources and adaptation potential of enterprises and improvement in the health conditions of working persons, Submeasure 2.1.3 âSystem support for increasing adaptability of employees and enterprisesâ.
- 3.
Based on the responses to the survey of 600 companies conducted under the project âHuman capital as a company value componentâ.
References
Adler, R. D. (2001). Women in the executive suite correlate to high profits. Harvard Business Review, 79(3), 131â137.
Allen, R., Dawson, G., Wheatley, K., & White, C. (2008). Perceived diversity and organizational performance. Employee Relations, 30(1), 20â33.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99â120.
Becker, B. E., & Huselid, M. A. (1998). High performance work systems and firm performance: A synthesis of research and managerial implications. Research in Personnel and Human Resource Management, 16, 53â101.
Becker, B. E., Huselid, M. A., & Ulrich, D. (2001). The HR scorecard: Linking people, strategy, and performance. Boston: Harvard Business School Press.
Benson, G. S., Young, S. M., & Lawler, E. E. I I I. (2006). High-involvement work practices and analystsâ forecasts of corporate earnings. Human Resource Management, 45(4), 519â537.
Borkowska, S. (Ed.). (2010). Creating innovation in the organization: The role of human resource management. Warsaw: Instytut Pracy i Spraw Socjalnych.
Cook, K. W., & Bernthal, P. (1998). Job/role competency practices survey report. Bridgeville: Development Dimensions International.
Edvinsson, L. (1997). Developing intellectual capital at Skandia understanding knowledge management. Long Range Planning, 30(3), 366â373.
Ericksen, J. (2007). High-performance work systems, dynamic workforce alignment, and firm performance. In Academy of Management 2007 Annual Meeting: Doing Well by Doing Good. Academy of Management, New York.
Fitz-enz, J. (2009). The ROI of human capital: Measuring the economic value of employee performance. New York: Amacom.
Flamholtz, E. G., Bullen, M. L., & Wei, H. (2002). Human resource accounting: A historical perspective and future implications. Management Decision, 40(10), 947.
Flamholtz, E., & Hua, W. (2003). Searching for competitive advantage in the black box. European Management Journal, 21(2), 222â236.
Gryszko, M. (2009). Raport zarzÄ dzanie rĂłĆŒnorodnoĆciÄ w Polsce. Forum Odpowiedzialnego Biznesu. Available via Forum Odpowiedzialnego Biznesu. Accessed June 30, 2015, from http://odpowiedzialnybiznes.pl/wp-content/uploads/2014/01/ZarzadzanieroznorodnosciawPolsce_FOB.pdf
Guest, D. E., Michie, J., Conway, N., & Sheehan, M. (2003). Human resource management and corporate performance in the UK. British Journal of Industrial Relations, 41, 291â314.
Huselid, M. (1995). The impact of human resource management practices on turnover, productivity, and corporate financial performance. Academy of Management Journal, 38(3), 635â672.
JoĆczak, M., & WoĆșny, A. (2011). Trendy HRM w Polsce. Warsaw: Deloitte, Polskie Stowarzyszenie ZarzÄ dzania Kadrami.
Kaplan, R. S., & Norton, D. P. (2005). The balanced scorecard: Measures that drive performance. Harvard Business Review, 83(7â8), 172â180.
Kirton, G., & Greene, A. (2005). The dynamics of managing diversity. Oxford: Elsevier Butterworth-Heinemann.
Kochan, T., Bezrukowa, K., Ely, R., Jackson, S., & Joshi, A. (2003). The effects of diversity on business performance: Report of diversity research network. Human Resource Management, 42(1), 3â21.
Lans, T., Hulsink, W., Baert, H., & Muller, M. (2008). Entrepreneurship education and training in a small business context: Insights from the competence-based approach. ERIM Report Series Research in Management. Available via Erasmus University in Rotterdam. Accessed June 30, 2015, from http://repub.eur.nl/pub/12466/ERS-2008-028-ORG.pdf
Lepak, D. P., & Snell, S. A. (2002). Examining the human resource architecture: The relationships among human capital, employment, and human resource configurations. Journal of Management, 28(4), 517â543.
Levenson, A. R., Van der Stede, W. A., & Cohen, S. G. (2006). Measuring the relationship between managerial competencies and performance. Journal of Management, 32(3), 360â380.
Lisowska, E., & Sznajder, A. (2013). ZarzÄ dzanie rĂłĆŒnorodnoĆciÄ w miejscu pracy. Raport z I edycji Barometru RĂłĆŒnorodnoĆci. Warsaw: Konfederacja Lewiatan.
Lisowska, E., & Sznajder, A. (2014). ZarzÄ dzanie rĂłĆŒnorodnoĆciÄ w miejscu pracy. Raport z II edycji Barometru RĂłĆŒnorodnoĆci. Warsaw: Konfederacja Lewiatan.
Miller, L., Rankin, N., & Neathey, F. (2001). Competency frameworks in UK organizations. London: CIPD.
Mor Barak, M. E. (2014). Managing diversity. Toward a globally inclusive workplace. Thousand Oaks, CA: Sage.
Powell, T. C., Lovallo, D., & Caringal, C. (2006). Causal ambiguity, management perception, and firm performance. Academy of Management Review, 31(1), 175â196.
Prahalad, C. K., Hamel, G., & June, M. A. Y. (1990). The core competence of the corporation. Harvard Business Review, 68(3), 79â91.
Rostkowski, T. (2004). ZarzÄ dzanie kompetencjami w UE. In M. Juchnowicz (Ed.), Standardy europejskie w zarzÄ dzaniu zasobami ludzkimi. Warsaw: Poltext.
Salter, J. E. (2002). Skill-based pay. Case analysis. San Rafael, CA: Dominican University of California.
Sienkiewicz, Ć. (2004). ZarzÄ dzanie kompetencjami pracownikĂłw w Polsce w Ćwietle badaĆ. ZarzÄ dzanie Zasobami Ludzkimi, 2, 97â106.
Sienkiewicz, Ć. (ed.), Jawor-Joniewicz, A., Sajkiewicz, B., TrawiĆska-Konador, K., & PodwĂłjcic, K. (2014). Competency-based human resources management. The lifelong learning perspective. Warsaw: Instytut BadaĆ Edukacyjnych.
Sveiby, K. E. (1997). The intangible assets monitor. Journal of Human Resource Costing & Accounting, 2(1), 73â97.
WziÄ tek-StaĆko, A. (2012). Diversity management. NarzÄdzie skutecznego motywowania pracownikĂłw. Warsaw: Difin.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Jawor-Joniewicz, A., Sienkiewicz, Ć. (2016). Human Capital and HRM as a Source of Competitive Advantage and Effectiveness: Evidence from Poland. In: TrÄ pczyĆski, P., PuĆlecki, Ć., JarosiĆski, M. (eds) Competitiveness of CEE Economies and Businesses. Springer, Cham. https://doi.org/10.1007/978-3-319-39654-5_9
Download citation
DOI: https://doi.org/10.1007/978-3-319-39654-5_9
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-39653-8
Online ISBN: 978-3-319-39654-5
eBook Packages: Business and ManagementBusiness and Management (R0)