Title: Strategic Human Resource Development and Dynamic Capabilities Stream: Leadership and Management Development Strategic Human Resource Development and Dynamic Capabilities

This paper will investigate why Human Resource Development (HRD) has an important influence on the development of organisational internal and external dynamic capabilities. Drawing on theoretical insights of the resource-based view of strategic management, it will try to explore the potential of an organisational HRD system to facilitate or inhibit the development and utilisation of organisational capabilities. It will do this by drawing on previous work from many authors but with a specific focus on Teece et al. The paper will argue for the presence of Strategic HRD (SHRD) in organisations as a means for developing dynamic capabilities, thus, enabling a further advancement of the resourced-based view theory. It will present a conceptual model identifying the essential elements that provide a framework for how SHRD might enable the creation and sustaining of a competitive advantage in an organisation by developing dynamic capabilities. Finally, it underlines the direction of future research by proposing a number of hypotheses that can be tested empirically.