Strategic Capability LEARNING OUTCOMES After reading this chapter you should be able to: ➔ Distinguish elements of strategic capability in organisations: resources‚ competences‚ core competences and dynamic capabilities. ➔ Recognise the role of continual improvement in cost efficiency as a strategic ➔ Analyse how strategic capabilities might provide sustainable competitive advantage on the basis of their value‚ rarity‚ inimitability and nonsubstitutability. ➔ Diagnose strategic capability by means
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Core Competence: What Does it Mean in Practice? Mansour Javidan P RAHALAD AND HAMEL’ INFLUENTIAL ARTICLE‚ “Core S Competence of the Corporation”‘ 9 has generated substantial interest in the notion of core competencies and capabilities and has helped popularize a new school of economic thought called The Resourcebased View of the Firm.2-7~g~17~1g~22 article has made The two important contributions to the literature in strategic management; it proposed a new complementary approach
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2/22/2013 The Value Chain Strategic Management • Value Chain – Value chain is a convenient way of looking at the firm’s activities Introducing Strategy Management – The functional activities within the firm that create value in the goods and services produced (Basic Concepts of Strategic Management) Lecture 3 21.2.2013 – Value chain: all the activities that a firm uses to design‚ produce‚ market‚ deliver‚ and support its product Dr. Kayhan Tajeddini Associate Professor
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resource that can lead to competitive advantage for companies if harnessed properly‚ to achieve this competitive advantage companies must understand how to mobilise and deploy ICT based resources in combination or copresent with other resources and capabilities. ICT based resources can be divided into three categories: IT infrastructure‚ human IT resources‚ and IT enabled intangibles. The overall IT infrastructure compromises the computer and communications technologies and the sharable technical platforms
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gaining an understanding of the market and how it is likely to change in the future. The organization’s market orientation helps management identify customers whose value requirements provide the best match with the organization’s distinctive capabilities. Successful market-driven strategy design and implementation should lead to superior performance in an organization. DELL Value-chain strategy combines technologies from Intel‚ IBM‚ and Microsoft to serve customers efficiently and with state-of-the-art
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Conclusion and Recommendations Introduction This is the final chapter of this research with an objective to conclude the thought i.e. IT competencies and capabilities development in an organisation aimed to support critical competitive advantage functions and activities‚ particularly the knowledge creation/ management and utilising such knowledge in decision making to improve overall performance of the organisation. It can be concluded as a general statement from the whole discussion that these
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Organization of the Future—Designed to Win Organizational Capabilities Matter The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private‚ public‚ and not-forprofit sectors in all regions to identify their highest-value opportunities‚ address their most critical challenges‚ and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and
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Welcome to the review of the lessons that compose the F100 block. This review is organized by lessons F101 through F107. F101‚ Strategic Change F102‚ Developing Army Organizational Capability F103‚ Total Army Analysis (TAA) and Planning‚ Programming‚ Budgeting‚ and Execution (PPBE) F104‚ Developing Materiel Capabilities (Acquisition) F105‚ Manning the Army F106‚ Army Force Generation F107‚ Operational Contract Support There are no specific reading requirements unique to this lesson; we assume that
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and Recommendation 12 Implications 12 Recommendations 13 Introduction: Strategic capabilities have become a source of competitive advantage for both small and large organization. Organizations that wish to survive and compete in today’s dynamic business world need to implement unique and high-value strategic capabilities. This paper takes you through in depth analysis of strategic capabilities and how it relates to the business environment. The organization in focus is eBay‚ an online
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competences that had previously been contracted externally; increase in capability-building dedicated to software with 3D modelling; the building of expert teams for Petrobras’ projects; increase in the creation of administrative and operational routines; and the formation of alliances with other companies due to the visibility afforded by participating in Petrobras’ projects. Such features implied an increase in dynamic capabilities the companies analysed.
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