Human assets and management dilemmas: coping with hazards on the road to resource-based theory

Article Abstract:

Resource-based theorists argue that human assets can be a source of sustainable advantage because tacit knowledge and social complexity are hard to imitate. However, these desirable attributes cause dilemmas that may prevent firms from generating an advantage. This article develops a framework for analyzing and coping with these challenges. Although the problem arises from the strategy literature, the solutions are drawn from the organizational behavior, human resource management, human capital, and professions literatures. Finally, I examine implications for how insights from these diverse literatures can be integrated to guide future strategy research. (Reprinted by permission of the publisher.)

Methods, Management, Human capital

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Toward an integrative theory of business and society: a research strategy for corporate social performance

Article Abstract:

Corporate myopia is said to exist in an organization when it exhibits a lack of integration of normative and descriptive approaches to business and society. Many managers have neglected to substantiate the importance of avoiding fact-value fallacies in industrial research. A thorough reformulation of executive policy making, formal and informal organizational decision making and external affairs management can be used to explore the development of an integrated theory of corporate social performance.

Social aspects, Analysis, Business ethics, Corporate social responsibility, Industry, Industries

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