Skip to main content Accesibility Help
×
×
Home

From Possible to Probable: The Psychology of Competitive Advantage

  • Robert E. Ployhart (a1)
  • In response to commentaries on:
Abstract

This article responds to and extends the commentaries on the psychology of competitive advantage focal article. In general, the commentaries stressed that (a) the connection between industrial–organizational (I–O) psychology and strategy should go beyond resource-based theory and competitive advantage, (b) there are some existing examples of strategic I–O research, and (c) practitioners are already integrating I–O psychology with strategy. In this article, I use these commentaries as a means of generating actionable steps (e.g., research studies) to make the strategic adjacent possibility a reality. I conclude by arguing that understanding the psychology underlying firm competitiveness is the defining question of our time, and perhaps even the future of I–O psychology.

Copyright
Corresponding author
E-mail: ployhart@moore.sc.edu, Address: Department of Management, Darla Moore School of Business, University of South Carolina, Columbia, SC 29212
References
Hide All
Aguinis, H., & Kraiger, K. (2009). Benefits of training and development for individuals and teams, organizations, and society. Annual Review of Psychology, 60, 451474.
Barney, J. B. (1986). Organizational culture: Can it be a source of sustained competitive advantage? Academy of Management Review, 11, 656665.
Barney, J. B., & Wright, P. M. (1998). On becoming a strategic partner: The role of human resources in gaining competitive advantage. Human Resource Management, 37, 3146.
Beck, J. W., & Walmsley, P. T. (2012). Selection ratio and employee retention as antecedents of competitive advantage. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 9295.
Boudreau, J. W. (2012). Strategic I–O psychology lies beyond HR. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 8691.
Cawley, B. D., & Snyder, P. J. (2012). Beyond resource-based theory: Further avenues for I–O psychology ventures into strategic management. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 112115.
Curtis, B. (2012). Psychological contributions to competitive business process. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 105108.
Felin, T., & Hesterly, W. S. (2007). The knowledge-based view, nested heterogeneity, and new value creation: Philosophical considerations on the locus of knowledge. Academy of Management Review, 32, 195218.
Grant, R. M. (1996). Toward a knowledge-based theory of the firm. Strategic Management Journal, 17, 109.
Harter, J. K., Schmidt, F. L., Asplund, J. W., Killham, E. A., & Agrawal, S. (2010). Causal impact of employee work perceptions on the bottom line of organizations. Perspectives on Psychological Science, 5, 378389.
Henson, R. M. (2012). I–O and strategy are integrated in practice! Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 8286.
Macey, W. H., & Schneider, B. (2008). The meaning of employee engagement. Industrial and Organizational Psychology: Perspectives on Science and Practice, 1, 330.
Noe, R. A., & Tews, M. J. (2012). Realigning training and development research to contribute to the psychology of competitive advantage. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 101104.
Ployhart, R. E. (in press). Personnel selection and the competitive advantage of firms. In Hodgkinson, G. P. & Ford, J. K. (Eds.), International review of industrial and organizational psychology. Indianapolis, IN: Wiley.
Ployhart, R. E. (2012). The psychology of competitive advantage: An adjacent possibility. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 6281.
Ployhart, R. E., & Schneider, B. (in press). The organizational context of personnel selection. In Schmitt, N. (Ed.), The Oxford handbook of personnel assessment and selection. Oxford University Press.
Rauch, A., & Frese, M. (2012). Entrepreneurship as a key element in advancing the psychology of competitive advantage. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 108111.
Rynes, S. L., Brown, K. G., & Colbert, A. E. (2002). Seven misconceptions about human resource practices: Research findings versus practitioner beliefs. Academy of Management Executive, 16, 92103.
Schneider, B. (1987). The people make the place. Personnel Psychology, 40, 437453.
Schneider, B., Ehrhart, M. G., & Macey, W. H. (2012). A funny thing happened on the way to the future: The focus on organizational competitive advantage lost out. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 96101.
Zoogah, D. B. (2012). A cooperative advantage: An alternative informed by institutional theory. Industrial and Organizational Psychology: Perspectives on Science and Practice, 5, 116119.
Recommend this journal

Email your librarian or administrator to recommend adding this journal to your organisation's collection.

Industrial and Organizational Psychology
  • ISSN: 1754-9426
  • EISSN: 1754-9434
  • URL: /core/journals/industrial-and-organizational-psychology
Please enter your name
Please enter a valid email address
Who would you like to send this to? *
×

Metrics

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Abstract views

Total abstract views: 0 *
Loading metrics...

* Views captured on Cambridge Core between <date>. This data will be updated every 24 hours.

Usage data cannot currently be displayed