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date: 19 September 2021

Abstract and Keywords

Strategic human-resource management (HRM) is a management discipline concerned with analysing strategic problems, choices, and outcomes in the management of work and people in organizations. Organizations of all sizes – small, medium, and large – can be analysed from a strategic HRM perspective because all depend on some kind of ‘human resourcing’ process. The aim of this article is to analyse the role of human capital (HC) from a strategic HRM perspective. It starts by outlining basic premises about the nature of HC. The article then examines three questions that are important for the analysis of HC and its relationship with firms' HR strategies and performance. The first is concerned with strategic HR problems. The second examines strategic choices in HC. The third question enters the debate around the prized outcome of sustained competitive advantage.

Keywords: human-resource management, management discipline, organizations, human capital, HR strategies

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