Lessons for Contemporary Management Thought

Traditionally management speaks of how systems, methods, equipment, processes, resources including people are run in an organization to attain the organizational goals. Although a very simplistic definition, it is definitely all encompassing. I am of the firm opinion that however aggressively automated, may your core functionalities be, the human element cannot be discarded. Dave Ulrich, the contemporary human resource management guru of this century, who has been primarily instrumental in revolutionizing the approach in human resource management, in one of his early works, “Organizational Capability” affirms, without mincing words, that despite tweaking all other resources lead to a competitive advantage, ...

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