Strategic Management Journal Strat. Mgmt. J.‚ 21: 1105–1121 (2000) DYNAMIC CAPABILITIES: WHAT ARE THEY? KATHLEEN M. EISENHARDT* and JEFFREY A. MARTIN Department of Management Science and Engineering‚ Stanford University‚ Stanford‚ California‚ U.S.A. This paper focuses on dynamic capabilities and‚ more generally‚ the resource-based view of the firm. We argue that dynamic capabilities are a set of specific and identifiable processes such as product development‚ strategic decision making‚ and
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What are capabilities? What must firms do to create capabilities? Capability is a capacity for a set of resources to integratively perform a stretch task. It represents the identity of the firm as perceived by both its employees and customers. It is the firm’s ability to perform better than competitors using a distinctive and difficult to replicate set of business attributes. The organization’s capability is comprised of three core assets – physical capital‚ including all tangible assets; technology
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Capabilities Analysis of JetBlue Airlines JFK Hub The JFK Airport hub in New York City is a tangible physical resource of JetBlue. This hub provides significant size and location capabilities. The airport is a large population center‚ with 19 million people within the 60-mile radius. The hub is also at the heart of some underserved markets‚ including upstate New York and the New England region. This resource also has political support from the state government. This support allowed JetBlue
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Subscribe to blog Subscribe via RSS 52 Things to do in Singapore before you die Posted by Bryan Choo on Monday‚ 25 November 2013 in Featured Attraction ReviewsFont size: Larger SmallerSubscribe to this entryPrintSome say Singapore is boring. That there isn’t anything to do besides shopping‚ eating‚ movie watching and um... queuing. Why do people spend hours lining up for tyre manufacturer recommended dim sum‚ American donuts and black Japanese cats? They must be really bored to give up their
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Going by the history of Singapore‚ it is one of the most recently formed nations highly influenced by its neighbors and British colonial holdings. The PAP party‚ as described in the case‚ has been pivotal in shaping Singapore Inc. To better understand the key elements of the Singapore “competitiveness” model‚ identification of major players in the game has been conducted in Exhibit 1. Keeping in mind the history of Singapore and the main players involved‚ the following are the key elements of the
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SIA SWOT TOWS SFA STUDIES Strength Young Fleet Geographical diversification Strong Brand reputation Self-sustainable business model Bold and prudent management Highly competitive human resource Effective distribution channel – CRS - ABACUS Weakness No government subsidies Short of route network Too much service classification and pricey Opportunity Open Skies – government agreement between countries‚ bilateral or multilateral Strategic alliance Growth of air passenger service
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develop a strategy that best matches its internal capabilities and its situation with regard to the external environment‚ economy‚ customer desire and requirement‚ each organization may change their strategy from time to time. In the following paragraphs will be comparison and contrast of strategic development in between Virgin Atlantic Airways and Singapore Airlines. 3.1 Strategic Development Virgin Atlantic Airways and Singapore Airlines are using different strategic development. 3.1
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Singapore officially known as the Republic of Singapore. Its English name Singapore is derived from the Malay word‚ Singapura‚ where Singa means Lion and Pura means town‚ referring the country as the Lion City. However the recent studies of Singapore indicate that lions have never lived there‚ the beast seen by the founder in the 13th century was most likely a Malayan Tiger. Singapore is a southeast Asian island. Singapore consists of 63 islands‚ including the main island‚ widely known as Singapore
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Singapore could be an alternative for your vacation due to many fun tourist attractions in this country. Singapore has been recorded among foreign tourists as an attractive tourist destination. Singapore has a well-developed tourism industry‚ as a cosmopolitan city that highlight racial and cultural harmony. Cultural differences reflect a rich colonial history and the ethnic Malays‚ Chinese‚ Arab and India. For years considered a business center in Southeast Asia‚ Singapore has a thriving shopping
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Introduction A company’s capability means the ability to innovate‚ or to respond to changing customer needs. Organizational capabilities are key intangible assets that make a significant difference when it comes to market value. Organizational capabilities are stable over time and more difficult to copy than other competitive advantages like product strategy or technology. A capabilities audit can show a company how measure up and how to build on intangible strengths to implement cultural interchange
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