The field of strategic human resource Management considers people as a vital and a strategic asset of an organisation thereby making a major assumption that the way an organisation performs, significantly depends upon the way people perform. The fact that human resources are considered as strategic asset invariably makes it a source of competitive advantage. To sustain this competitive advantage, it is crucial for the organisations to implement HR strategies that have a positive impact on their performance. However, the link between HR strategies and organisational performance is an under researched area. This paper, thus examines the role played by human resource strategies on an organisation's performance and thereby sustainable competitive advantage.
Keywords
Strategic Human Resource Management, Human Resource Strategies, Competitive Advantage, Organizational Performance.
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