Inovance: Human Resources Management

The case describes Inovance human resource practices and its function in the process of the company’s development. At different stages of the development, human resource practices vary. The purpose is the same. Human resource management (HRM) is to serve the implementation of the corporate strategies. In addition, HRM practices have to align with other managerial mechanisms, such as organizational structures, operating processes, and the corporate culture. The alignment is very important, which can strengthen the organizational capabilities. Based on strong organizational competence, the company can win the comparative advantages.