1) The document discusses strategic human resource management (SHRM) and how it can be used to create a sustained competitive advantage.
2) It defines SHRM as linking human resource management strategies to business strategies in order to improve organizational performance.
3) The document argues that for organizations to deal with a changing global business environment, they need to reconsider their HRM strategies and implement SHRM practices to build capabilities that allow them to adapt and maintain competitiveness.
1) The document discusses strategic human resource management (SHRM) and how it can be used to create a sustained competitive advantage.
2) It defines SHRM as linking human resource management strategies to business strategies in order to improve organizational performance.
3) The document argues that for organizations to deal with a changing global business environment, they need to reconsider their HRM strategies and implement SHRM practices to build capabilities that allow them to adapt and maintain competitiveness.
The document discusses sustainable competitive advantage and how it is essential for business sustainability but is not adequately captured by traditional financial reporting. It defines sustainable competitive advantage as a company's ability to survive and prosper in competition over the long run through strategic assets that are valuable, rare, and difficult to imitate. While strategic assets drive competitive advantage, they are largely missing from financial statements which instead reflect past performance. The author argues that evaluating a company's competitive advantage requires focusing on information provided about strategic assets like technology, brands, and business processes in conference calls and presentations, rather than traditional accounting measures like earnings which can be delayed indicators of changes in competitive positioning.
This document discusses strategic resources that can provide sustainable competitive advantage for companies. It defines resources as any assets, capabilities, or knowledge that a company controls. To gain competitive advantage, resources must be valuable, rare, imperfectly imitable, and non-substitutable (VRIN). However, the authors identify an alternative framework of strategic resources being excellent, non-substitutable, non-tradable, rare, imperfectly imitable, and able to be modified (EXSTRIM). If companies can effectively combine and manage their strategic EXSTRIM resources, it can help them achieve and maintain a sustainable competitive advantage over competitors.
This document discusses a study examining the impact of knowledge sharing and knowledge retention on employee development through the mediation of sustainable competitive advantage and the moderation of transformational leadership. The study was conducted in the telecommunications sector, collecting data from 200 respondents. The findings showed that knowledge sharing and knowledge retention have a significant positive relationship with employee development. Sustainable competitive advantage was found to mediate this relationship. However, transformational leadership did not significantly moderate the relationship between knowledge sharing, knowledge retention, and sustainable competitive advantage. The document provides background on the concepts of knowledge sharing, knowledge retention, sustainable competitive advantage, and transformational leadership based on prior literature.
This document discusses factors that can help companies build and sustain competitive advantages. It analyzes leadership, organizational culture, design, and systems. Leadership is important through setting vision, mission, and governance. A company's values and culture also influence competitive advantage. Resources and capabilities are key, and must be valuable, rare, imperfectly imitable, and non-substitutable to provide sustained advantages. The document examines early strategy models and proposes that integrating multiple internal and external factors is needed to identify and sustain sources of competitive advantage.
The document discusses the sustainable competitive advantage of the German automotive industry. It analyzes the industry using Michael Porter's model of competitive advantage. It finds that Germany's highly trained workforce, concentration of automotive manufacturing and R&D facilities, demanding domestic market, and network of supporting industries have contributed to the industry's competitive advantage both domestically and globally. The industry's large investments in innovation and ability to anticipate changing consumer demands have also allowed it to sustain its competitive advantage over time.
This document discusses how companies can achieve sustainable competitive advantage through various techniques and processes. It describes Lean and Six Sigma techniques for process improvement, and how organizational learning and business intelligence can help develop customer relationship management competencies. It also discusses models for process modeling like IPO and SIPOC, and the role of service engineering in transforming process inputs into valuable outputs for customers. The goal is to discuss a framework for how these various elements can work together to achieve a sustainable competitive advantage.
The document discusses sustainable competitive advantage and how it is essential for business sustainability but is not adequately captured by traditional financial reporting. It defines sustainable competitive advantage as a company's ability to survive and prosper in competition over the long run through strategic assets that are valuable, rare, and difficult to imitate. While strategic assets drive competitive advantage, they are largely missing from financial statements which instead reflect past performance. The author argues that evaluating a company's competitive advantage requires focusing on information provided about strategic assets like technology, brands, and business processes in conference calls and presentations, rather than traditional accounting measures like earnings which can be delayed indicators of changes in competitive positioning.
This document discusses strategic resources that can provide sustainable competitive advantage for companies. It defines resources as any assets, capabilities, or knowledge that a company controls. To gain competitive advantage, resources must be valuable, rare, imperfectly imitable, and non-substitutable (VRIN). However, the authors identify an alternative framework of strategic resources being excellent, non-substitutable, non-tradable, rare, imperfectly imitable, and able to be modified (EXSTRIM). If companies can effectively combine and manage their strategic EXSTRIM resources, it can help them achieve and maintain a sustainable competitive advantage over competitors.
This document discusses a study examining the impact of knowledge sharing and knowledge retention on employee development through the mediation of sustainable competitive advantage and the moderation of transformational leadership. The study was conducted in the telecommunications sector, collecting data from 200 respondents. The findings showed that knowledge sharing and knowledge retention have a significant positive relationship with employee development. Sustainable competitive advantage was found to mediate this relationship. However, transformational leadership did not significantly moderate the relationship between knowledge sharing, knowledge retention, and sustainable competitive advantage. The document provides background on the concepts of knowledge sharing, knowledge retention, sustainable competitive advantage, and transformational leadership based on prior literature.
This document discusses factors that can help companies build and sustain competitive advantages. It analyzes leadership, organizational culture, design, and systems. Leadership is important through setting vision, mission, and governance. A company's values and culture also influence competitive advantage. Resources and capabilities are key, and must be valuable, rare, imperfectly imitable, and non-substitutable to provide sustained advantages. The document examines early strategy models and proposes that integrating multiple internal and external factors is needed to identify and sustain sources of competitive advantage.
The document discusses the sustainable competitive advantage of the German automotive industry. It analyzes the industry using Michael Porter's model of competitive advantage. It finds that Germany's highly trained workforce, concentration of automotive manufacturing and R&D facilities, demanding domestic market, and network of supporting industries have contributed to the industry's competitive advantage both domestically and globally. The industry's large investments in innovation and ability to anticipate changing consumer demands have also allowed it to sustain its competitive advantage over time.
This document discusses how companies can achieve sustainable competitive advantage through various techniques and processes. It describes Lean and Six Sigma techniques for process improvement, and how organizational learning and business intelligence can help develop customer relationship management competencies. It also discusses models for process modeling like IPO and SIPOC, and the role of service engineering in transforming process inputs into valuable outputs for customers. The goal is to discuss a framework for how these various elements can work together to achieve a sustainable competitive advantage.
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The role of Lean Manufacturing Fundamentals to achieve sustainable
competitive advantage / analytical Study In The State Company For Drugs
Industries Medical Appliances/ Nineveh
Bassam Moneeb Ali al-Tai Israa' Wadallah Qassem
Assist Lecturer Assist Lecturer
Industrial Management operations management techniques
Iraq
Abstract
Current research is looking forward The role of Lean Manufacturing
Fundamentals to achieve sustainable competitive advantage. On the one hand is a
Lean Manufacturing is a manufacturing systems major contemporary made to
organizations, since the basic idea behind this concept is to remove all forms of
waste resulting from manufacturing operations which adds value to the product,
and focus on creating value in the final product from the perspective of the
customer. Term that is gaining great importance in business and because of
developments in business which is rapid changes, dynamism and complexity in
various fields it is essential to organizations working to find ways and new
methods for sustainable competitive advantages, and perhaps Lean
Manufacturing Fundamentals is one of these methods. Generally interviewing
Find a number of questions related to the existence of perceptions about the
concept of Lean Manufacturing and its Foundations, on the one hand and the
concept of sustainable competitive advantage on the other hand in the
organization in question, and Been tested hypotheses by a set of statistical
methods and through the program of statistical analysis SPSS was used
questionnaire as a tool head for the collection of necessary data and information
from a sample of research and research found to group conclusions in the light of
the conclusions reached provide researchers with a number of recommendations
that are consistent with those conclusions.
Keywords: of Lean Manufacturing, Lean Manufacturing Fundamentals,
sustainable competitive advantage, organization under discussion