Written Assignment – HRIS as a Competitive Advantage

Written Assignment ? HRIS as a Competitive Advantage Write 2-pages on the following: 1. Research and explain 5 ways that the use of these Human Resource Information Systems (HRIS) deliverables can be used to aid companies in gaining a competitive advantage over competitors. 2. Include specific 3 examples of instances where HRIS deliverables translate into increased productivity and strategic planning. 3. Remember to address the use of HRIS deliverables regarding forecasting needs and monitoring trends. 4. Make sure to include 3 cited references in APA format. ? ? ? .Answer Preview The competitive advantage of the firm occurs when it has access to special facilities that other companies do not have access to them or they are not well equipped to use them more efficiently ( Kavanagh & Johnson 2014). As a result, the company experiences growth of revenues, increased profitability and efficiency in production. Long run competitive advantage transforms the firm into higher stock market valuations than their competitors. Five ways in which use of Human resource system will make a firm to have a competitive advantage. Transforming the value chain The use of human resource information system allows a value chain at any point in the company, changing the way duties are performed. APA 633 words Related Questions: Assignment 3: Phase III ? Project Management Roadmap HRM520: Assignment 1 and 2 Final HRIS Proposal Preparing a Business Case for Purchasing an HRIS Final HRIS Proposal Choose one of the privacy laws (Privacy Act of 1974, FCRA, Electronic Communications Privacy Act