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Human Resource Planning and Competitive Advantage: Investigating the Relationship

Author

Listed:
  • A.K.M. Mominul Haque Talukder

    () (School of Business, North South University, Dhaka, Bangladesh.)

  • Md. Irfanuzzaman Khan

    () (London School of Commerce, Dhaka Centre, Bangladesh.)

Abstract

The research examines various determinants of human resource (HR) planning affecting competitive advantage in a manufacturing firm. Some of such considerations are future orientation, goal orientation, strategic staffing, training, compensation, labor market condition and performance management. Data were collected from 100 employees based on a structured questionnaire. The study harnessed reliability test, regression analyses and Pearson’s correlations for data analysis. Results showed that goal orientation, labor market condition, performance management and training were significantly related to competitive advantage. In contrast, future orientation, strategic staffing and compensation were unrelated to the firms’ competitive advantage. Findings suggest that considering on these determinants prior to human resource planning might contribute manufacturing firm to attain competitive advantage.

Suggested Citation

  • A.K.M. Mominul Haque Talukder & Md. Irfanuzzaman Khan, 2013. "Human Resource Planning and Competitive Advantage: Investigating the Relationship," KASBIT Business Journals, Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 6, pages 29-37, December.
  • Handle: RePEc:ksb:journl:v:6:y:2013:p:29-37
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    File URL: http://kasbit.edu.pk/kbjvol6/3-Human%20Resource%20Planning%20and%20Competitive%20Advantage%20Investigating%20the%20Relationship.pdf
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    References listed on IDEAS

    as
    1. Spender, J. -C., 1994. "Organizational knowledge, collective practice and Penrose rents," International Business Review, Elsevier, vol. 3(4), pages 353-367, December.
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    More about this item

    Keywords

    Competitive advantage; HR planning; future orientation; strategic staffing;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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