Refection paper Essay Example | Topics and Well Written Essays - 1000 words

Refection paper - Essay Example The speaker based her presentation on life experience and the entire event was informative and identified concepts that are applicable to my real life situation (Syracuse University). The event was informative and improved my knowledge on existence of challenges from different aspects of life. It also enlightened me on different aspects of life and their roles in facilitating strength and coexistence among individuals. With the knowledge of natural and human imposed limits, the event taught me of the benefits of courage in facing challenges. A courageous heart will for example have strength to embrace difficulties and uncertainties until success is realized and therefore reduces chances of missed opportunities. The event has also taught me the concept of persistence and determination in pursuing a venture. These concepts define continued efforts in spite of possible challenges in a situation and they eliminate possibilities of losing a viable opportunity because of lost hope from frustrations. Close to the concept of persistence is the concept of perseverance that I also learnt from the unit and that facilitates success in initiatives (Syracuse University). I also learnt of the importance and significance of having a purpose in an individual’s life, of having a driving factor in a person’s life, of being spiritual and being able to maintain established potentials. A purpose establishes targets to be attained and facilitates development of strategies for attaining those targets. I have also learnt to understand purpose as an intrinsic motivator that encourages efforts towards achieving desired goals. The event also enlightened me of the need to be a motivated person in order to embrace and even overcome challenges in life. Hope, courage, and faith that are developed from spiritual aspects of life are other sources of power and strength towards managing challenges and overcoming them to achieve success (Syracuse University). The ‘30th Annual

Human capital is increasingly considered a source of competitive Essay

Human capital is increasingly considered a source of competitive advantage for organizations - Essay Example First, the statement will be examined and then the role of human resource managers will be discussed within this context. The competition amongst the businesses around the globe is getting tougher and tougher (Dyer, 1993). Businesses are employing new techniques and adopting new strategies to reach the customer through developing a competitive edge over their customers. The reasons for this increased competition are global competition, knowledgeable customers, demanding stockholders and constant changes in technology (Dyer, 1993). The businesses which reach the top have always been successful in finding the competitive advantage that proves to be sustainable over the time (Dyer, 1993). Financial resource of an organization or the use of technology has been the main source of competitive advantage of the organization in the past. These resources are essential for the success of the organization, but not sufficient. For this reason, the companies with large employee base have started viewing their human resource as the source of creating customer delight and rapid innovation which places the organization ahead of its competitors. The performance of the organization will suffer if the human resource processes and policies are misaligned, failing to reinforce the business strategy. Since many years, many organizations have tried to shift their competitive advantage to the human resource by managing it more effectively (Dyer, 1993). At the end of the day, it is the human capital of the organization which formulates strategies, identify business opportunities, innovate new products and target the right market segments (Dyer, 1993). The uniqueness in services and products is created and maintained by the human resource of an organization (Pilenzo, 2009). Therefore, if the human resource is managed well, the organization can develop a competitive advantage which cannot be duplicated over time (Pilenzo, 2009). Knowledge and