WHY ARE EMPLOYEES SO IMPORTANT AS A SOURCE OF COMPETITIVE ADVANTAGE?
Your employees are the best source of competitive advantage because they are the only assets that cannot be copied by competitors. Sure, they can recruit them away, but if your HR staff (and management staff) has done a good job of implementing compensation, performance management, training, reward and retention programs, your organization may be able to stave off competitors. And if you cannot retain all employees, you should have a bench of trained successors waiting to take their places.
