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explain how a firm's human resources influence its performance

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15y ago

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How is a forecast of human resources demand related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


What is the most prevalent type of organizational structure for medium-sized and large firms?

Line and staff.


How a firms human resources influence performance?

In no special order: Constructively - by encouraging staff, treating them fairly, making everyone feel their personal contribution matters no matter how modest, helping them to overcome problems at work,encouraging suggestions for better efficiency or technical improvements, and helping to ensure fair rewards for good performance. Destructively - by favouritism,neglect,allowing attitudessuch as "them and us", ignoring bullying, stamping out "whistle-blowing", ignoring contstructive suggestions that may help the company.


Why is an assessment of the internal resources and capabilities of a firm important?

Assessing a firm's internal resources and capabilities is crucial as it helps identify strengths and weaknesses that can influence competitive advantage. This evaluation informs strategic decision-making, enabling firms to leverage their unique assets effectively and address areas needing improvement. Additionally, understanding internal capabilities aids in aligning resources with market opportunities, ultimately driving growth and sustainability.


Why do some firms obtain grater value from their information system than otherswhat role do complementary asset and organizational and management capital play?

Some firms derive greater value from their information systems due to their investment in complementary assets, such as advanced technology, skilled personnel, and efficient business processes. These assets enhance the effectiveness of the information systems and enable firms to leverage data for decision-making and competitive advantage. Additionally, strong organizational and management capital, including leadership, culture, and strategic alignment, ensures that information systems are integrated into business operations and aligned with organizational goals, maximizing their impact. Therefore, the synergy between information systems and complementary assets is crucial for achieving superior value.

Related Questions

What is need for Management?

Management is the process of choosing and coordinating all available organizational resources to accomplish the firms goals and objectives. Without appropriate management of these resources, companies can not survive.


How do you compare the organizational strucure and culture of two firms?

You can compare the organizational structure and culture of two firms by examining the various management styles and promotional structure of the two different firms.


How is a forecast of human resources demand related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


How is a forecast of human resources demands related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


How the firms environmental performance is monitored?

A firms environmental performance is monitored either internally or by the environmental protection agency. Sometimes outside firms are hired to keep track of performance and report to the EPA.


What competitive environmental forces influence the firms strategy?

The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.


Which firms provide human resources recruiting?

There are many different firms that provide human resources recruiting. Included in these firms is Randstad USA, Hanold Associates, and The Christopher Group.


Why ratios is calculated?

To see the Firms Financial position Firms Performance Trend analysis


What is meant by resource immobility?

the inability of competing firms to obtain resources from other firms


What is the difference between resources and capabilities and why do you need both?

A firms resources identifies its capabilities. Resources are the productive assets owned by the firm and capabilities speak to what the firm can do with those resources. Why the firm needs them? Without resources the the firms capabilities are limited.


What is the most prevalent type of organizational structure for medium-sized and large firms?

Line and staff.


What is firm specific factors?

Firm-specific factors refer to unique characteristics or resources of a particular company that influence its performance and competitive advantage. These can include elements such as organizational culture, management style, proprietary technology, brand reputation, and employee skills. Unlike industry-wide factors that affect all firms within a sector, firm-specific factors are tailored to the individual company and can significantly impact its strategic decisions and operational efficiency. Understanding these factors helps businesses leverage their strengths and address weaknesses in a competitive landscape.