The VRIO characteristics of corporate strategic human capital at business level

Management Science and Engineering(2013)

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Abstract
Strategic human capital as the unique resources brings competitive advantages for enterprises, which is unquestionable. Because of different strategies at business level, strategic human capital characteristics are different. This paper, firstly, through exploratory factor analysis surveys the strategies at the business layer of 435 enterprises, two different types of enterprises under the cost leading strategy and product differentiate strategy are implemented respectively; secondly, based on the structural equation theory for two kinds of enterprises it establishes structural equation to analyze and compare the V (value), R (rarity), I (inimitability) and O (organization), the four areas of strategic human capital characteristics; finally, adopting the analysis findings that on the base of not ignoring the value (V) of employees, when take the measure of cost leadership strategy, the corporate strategic human capital better equipped with the rarity (R) and the inimitability (I) characteristics; however with the product differentiation strategy, the corporate strategic human capital characteristics of the rarity(R), the inimitability(1) and the organization(O) are more important.
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Key words
human resource management,statistical analysis,strategic planning,VRIO characteristic,business level,competitive advantage,corporate strategic human capital,cost leadership strategy,employees,enterprises,exploratory factor analysis,product differentiate strategy,product differentiation strategy,structural equation theory,value-rarity-inimitability-organization characteristic,VRIO,cost leadership strategy,product differentiation strategy,strategic human capital,structural equation
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