Understanding Human Factors in the Context of Competitive Advantage and Performance

Angela-Eliza Micu () and Ramona Valentina Necula ()
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Angela-Eliza Micu: “Ovidius†University of Constanta
Ramona Valentina Necula: “Dunarea de Jos†University of Galati

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 1, 743-752

Abstract: The truly unique skills that differentiate people from different professions, as well as the competitive advantage generated by technological innovation and an appropriate IT infrastructure are the elements that contribute to sustainable development, performance, competitiveness and organizational excellence. The human factor is a crucial element, which has a special feature, namely that it can be both a key component generating performance and a unique vulnerability (sometimes predictable, sometimes surprising/unpredictable) of the entire organizational or state system. Considering the fact that the literature in the field highlights both the imperative of investing consciously and appropriately in the human factor in order to achieve performance and sustain a high level of competitiveness, and the fact that innovation is a source of obtaining and consolidating the sustainable competitive advantage, through our approach we follow to demonstrate the truth value of these requirements frequently invoked in scientific discourses, using the evidence revealed in organizational practice.

Keywords: Performance; Personnel management; Competitiveness; Decision making (search for similar items in EconPapers)
JEL-codes: D91 L25 M12 (search for similar items in EconPapers)
Date: 2020
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