Lesson2

27問 • 1年前

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通報

問題一覧

Must be Valuable, Rare, Inimitable, and Non-substitutable (VRIN) to provide a lasting advantage.

1. Distinctive Resources

Firm’s ability to use resources effectively

2. Capabilities & Competencies

Firms have different resources, explaining performance differences.

3. Heterogeneity

Ability to adapt and reconfigure resources in a changing environment.

4. Dynamic Capabilities

Combining resources can create greater advantages.

5. Resource Complementarity

Firms should leverage unique strengths for sustained success

Strategic Implications

Hard to determine which resources truly create sustained advantage.

Limitations of RBV

Gather relevant information

1. Identify Internal & External Factors

Rank them based on their impact

2. Evaluate & Prioritize

Use strengths, fix weaknesses, seize opportunities, and manage threats.

3. Formulate Strategy

Keep assessing to stay relevant

4. Monitor & Review

Receiving/storing materials.

Inbound Logistics

Transforming inputs into finished products

• Operations

Distributing the final product

• Outbound Logistics

Promoting and selling the product

• Marketing & Sales

Customer support and post-sale services

• Service

Acquiring inputs

• Procurement

Research & innovation

• Technology Development

Recruiting & training staff

• HR Management

Overall management, finance, and planning

• Infrastructure

List all steps in production and delivery

1. Identify Activities

Assess direct & indirect costs.

2. Evaluate Costs

Identify activities that add value.

3. Assess Value Addition

Compare with competitors

4. Competitive Benchmarking

Improve weaknesses & maximize strengths.

5. Strategy Formulation

Implement changes and monitor results

6. Continuous Improvement

Use technology to optimize efficiency

7. Technology Integration

Lesson1

Lesson1

Lesson3

Lesson3

Lesson4

Lesson4

問題一覧

Must be Valuable, Rare, Inimitable, and Non-substitutable (VRIN) to provide a lasting advantage.

1. Distinctive Resources

Firm’s ability to use resources effectively

2. Capabilities & Competencies

Firms have different resources, explaining performance differences.

3. Heterogeneity

Ability to adapt and reconfigure resources in a changing environment.

4. Dynamic Capabilities

Combining resources can create greater advantages.

5. Resource Complementarity

Firms should leverage unique strengths for sustained success

Strategic Implications

Hard to determine which resources truly create sustained advantage.

Limitations of RBV

Gather relevant information

1. Identify Internal & External Factors

Rank them based on their impact

2. Evaluate & Prioritize

Use strengths, fix weaknesses, seize opportunities, and manage threats.

3. Formulate Strategy

Keep assessing to stay relevant

4. Monitor & Review

Receiving/storing materials.

Inbound Logistics

Transforming inputs into finished products

• Operations

Distributing the final product

• Outbound Logistics

Promoting and selling the product

• Marketing & Sales

Customer support and post-sale services

• Service

Acquiring inputs

• Procurement

Research & innovation

• Technology Development

Recruiting & training staff

• HR Management

Overall management, finance, and planning

• Infrastructure

List all steps in production and delivery

1. Identify Activities

Assess direct & indirect costs.

2. Evaluate Costs

Identify activities that add value.

3. Assess Value Addition

Compare with competitors

4. Competitive Benchmarking

Improve weaknesses & maximize strengths.

5. Strategy Formulation

Implement changes and monitor results

6. Continuous Improvement

Use technology to optimize efficiency

7. Technology Integration