of Dynamic Capabilities Abstract The concept of dynamic capabilities was introduced by Teece & Pisano (1994) and Teece‚ Pisano‚ & Shuen (1997)who asserted that in a dynamic environment a firm’s competitive advantage will rest on the firm’s internal processes and routines that enable the firm to renew and change its stock of organizational capabilities thereby making it possible to deliver a constant stream of new and innovative products and services to customers. Capabilities are complex
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with the concept of “capability” development‚ according to which government’s performance should be evaluated against the capabilities of their citizens (Sen‚ 1979). Nevertheless‚ Sen recognized the relation to Adam Smith’s (1776) analysis of necessities and living conditions and Karl Max’s (1844) concern with human freedom and emancipation‚ but the strongest connection is with Aristotel’s theory of political distribution and human flourishing (Clark‚ 2006). The Capability Approach Explained
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2.4 Gaps in the concept of dynamic capabilities leading to the research question The concept of dynamic capabilities‚ as discussed above‚ is sleek and attractive. However‚ the association of dynamic capabilities only with routines is questionable‚ as Teece (2012) has briefly commented concerning the entrepreneurial action. It is reasonable to assume that routines or processes are the codification of a former knowledge. However‚ having a bunch of routines or processes does not mean that the company
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KM process capability and its relevance in an organization. Knowledge Management (KM) can be defined as a deliberate‚ systematic business optimization strategy that selects‚ distills stores‚ organizes‚ packages‚ and communicates information essential to the business of a company in a manner that improves employee performance and corporate competitiveness. KM caters to the critical issues of organizational-adaptation‚ survival and competence in the face of increasingly discontinuous environmental
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Value According to Michael Porter‚ He argued that organizations that focus solely on operation effectiveness is not enough‚ they will only be successful if they are able to provide a unique value that is sustainable for a long term. Organizations competing in operation effectiveness will only gauge their performance by benchmarking what others are doing; ultimately providing the same value throughout‚ which is of no value to the customer. Therefore‚ for an organization to be able to sustain for long
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Developing Managerial Capabilities Learning Team Experience by 87807 Analysis of Team Experience We are the Asian Super Team. Our name is derived from the fact that all of us come from Asia‚ in particular East Asia. From the beginning‚ I was pretty apprehensive about the team experience. My expectations were bordering on guarded caution to indifference. The reason being that out of the four syndicates I had in the first semester‚ only one turned out to be really fruitful
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the Merriam Webster Dictionary‚ the definition of evil is “morally bad.” However‚ after reading the memoir Night by Elie Wiesel‚ one begins to question the depths of the superficial dictionary definition. In Elie’s memoir‚ he is able to show the capability of evil within mankind by describing his experiences through one of the most horrific events in history. The three strongest cases which show what evil is capable of‚ occurs in the early and final chapters. In the earlier chapters‚ the actions of
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“provide a legal framework for continued U.S. military operations in Afghanistan on a much smaller scale…[as well as] establish a training and counterterrorism force‚ which would continue to help strengthen Afghanistan’s own growing counterterrorism capabilities”. Although NATO began negotiations with the government of Afghanistan for a Status of Forces Agreement‚ or SOFA‚ which would provide a legal basis for international
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Analysis: Rivalry Among Competing Sellers As the mobile revolution continues to accelerate‚ key players in the mobile communication manufacturing market have emerged as industry leaders. Among these industry leaders are Apple‚ HTC‚ Samsung‚ Motorola‚ Sony Ericsson‚ LG Electronics‚ and Nokia. The rivalry in this industry as extremely strong – based primarily on differentiation through features and performance offered by devices manufactured by the players outlined above. Companies in this industry
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technology capability. Overview The organization that I’m currently based at comprises of two separate cafes. There is a main site (site 1) where most of the production is produced and then delivered to the second smaller site (site 2). The main site is where the majority of the paperwork is done and the majority of work is also done from there. Site 1 comprises of a desktop PC which is networked to a Point of Sale system at both sites and a printer. There are also email capabilities from the
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