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Within the last decades, the idea that the competitive advantage of organizations can be driven by the accumulation of high quality human resources has affirmed in the scientific literature. The focus on human capital as a source of competitive advantage has led organizations to compete in the talent war and to adopt a strategic management of people mainly defined resource-based. This perspective has emphasized the role played bu human resources as an intagible though valuable, rare, and non-substitutable asset of the organization. Human resources are precious because they are scarce, specialized, and hold tacit knowledge. The chapter goes into detail of this perspective in light with the results coming from a corpus of interviews with some of the most representative HR managers in Italy (Elica, Insiel and NH—Hotel). These case studies will show the crucial role played by people in organizations.
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- The People-Based Approach in Human Resource Management
Pasquale Davide de Palma
- Chapter 1
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