Strategy: A View from the Top
Chapter 1.
Industrial organization- (Economics) is the field of economics that builds on the theory of the firm in examining the structure of, and boundaries between, firms and markets.
The resource-based view (RBV-) as a basis for the competitive advantage of a firm lies primarily in the application of a bundle of valuable tangible or intangible resources at the firm's disposal.
Intellectual capital- is the amount by which the market value of a firm exceeds its tangible (physical and financial) assets less liabilities. [1][2] This contrasts with physical and financial forms of capital; all three make up the value of an enterprise. Measuring the real value and the total performance of intellectual capital's components is often a critical part of running a company in the knowledge economy and Information Age, to optimize the stock price using the leverage of intellectual assets.[3]
Core Business- The core business of an organization is an idealized construct intended to express that organization's "main" or "essential" activity.
Core Competency a defining capability or advantage that distinguishes an enterprise from its competitors.
Ecosystems- An economic community supported by a foundation of interacting organizations and individuals—the organisms of the business world. The economic community produces goods and services of value to customers, who are themselves members of the ecosystem. The member organisms also include suppliers, lead producers, competitors, and other stakeholders. Over time, they coevolve their capabilities and roles, and tend to align themselves with the directions set by one or more central companies. Those companies holding leadership roles may change over time, but the function of ecosystem leader is valued by the community because it enables members to move toward shared visions to align their investments, and to find mutually supportive roles
Strategy It entails specifying the organization's mission, vision and objectives,
Industrial organization- (Economics) is the field of economics that builds on the theory of the firm in examining the structure of, and boundaries between, firms and markets.
The resource-based view (RBV-) as a basis for the competitive advantage of a firm lies primarily in the application of a bundle of valuable tangible or intangible resources at the firm's disposal.
Intellectual capital- is the amount by which the market value of a firm exceeds its tangible (physical and financial) assets less liabilities. [1][2] This contrasts with physical and financial forms of capital; all three make up the value of an enterprise. Measuring the real value and the total performance of intellectual capital's components is often a critical part of running a company in the knowledge economy and Information Age, to optimize the stock price using the leverage of intellectual assets.[3]
Core Business- The core business of an organization is an idealized construct intended to express that organization's "main" or "essential" activity.
Core Competency a defining capability or advantage that distinguishes an enterprise from its competitors.
Ecosystems- An economic community supported by a foundation of interacting organizations and individuals—the organisms of the business world. The economic community produces goods and services of value to customers, who are themselves members of the ecosystem. The member organisms also include suppliers, lead producers, competitors, and other stakeholders. Over time, they coevolve their capabilities and roles, and tend to align themselves with the directions set by one or more central companies. Those companies holding leadership roles may change over time, but the function of ecosystem leader is valued by the community because it enables members to move toward shared visions to align their investments, and to find mutually supportive roles
Strategy It entails specifying the organization's mission, vision and objectives,