This document provides a critical review of the development of the resource-based view (RBV) of the firm over the past 20 years. The RBV sees the firm as a collection of unique resources and capabilities that are the source of its competitive advantage. The review examines the RBV across five dimensions:
1. Theory - The central tenets are path dependence and firm heterogeneity. The RBV focuses on how resource differences lead to differences in firm performance.
2. Method - Empirical studies have examined the relationship between resources/capabilities and competitive advantage or performance.
3. Empirical Evidence - Studies have found firm-specific effects are at least as important as industry effects in explaining performance differences.
Explicating resource-based view critiques from a competitive heterogeneity p...Kevin Rommen
The resource-based theory of competitive advantage received stiff critiques during the years, and research discovered several weaknesses. By incorporating resource-based view into competitive heterogeneity we’ll try to weaken common critiques and strengthen the applicability of resource-based view in creating sustainable competitive advantage.
The resource-based view (RBV) is a managerial framework used to determine the strategic resources with the potential to deliver a competitive advantage to a firm. These resources can be exploited by the firm in order to achieve sustainable competitive advantage.
Explicating resource-based view critiques from a competitive heterogeneity p...Kevin Rommen
The resource-based theory of competitive advantage received stiff critiques during the years, and research discovered several weaknesses. By incorporating resource-based view into competitive heterogeneity we’ll try to weaken common critiques and strengthen the applicability of resource-based view in creating sustainable competitive advantage.
The resource-based view (RBV) is a managerial framework used to determine the strategic resources with the potential to deliver a competitive advantage to a firm. These resources can be exploited by the firm in order to achieve sustainable competitive advantage.
This is a presentation given in the MBS MSc Innovation Management course taught by Prof. Silvia for group assignment to introduce and discuss the paper Dynamic Capabilities and Strategic Management by Teece D., Pisano G., and Shuen A. in 1997.
A presentation about the impact of Youneeqs full site automation/curation. The example used is from the Toledo Blade website. The information and results are presented here.
This is a presentation given in the MBS MSc Innovation Management course taught by Prof. Silvia for group assignment to introduce and discuss the paper Dynamic Capabilities and Strategic Management by Teece D., Pisano G., and Shuen A. in 1997.
A presentation about the impact of Youneeqs full site automation/curation. The example used is from the Toledo Blade website. The information and results are presented here.
ESTUDIO: Partners 2014 (Instituto de Gobernaza y Dirección Pública de ESADE)ESADE
Las Tecnologías de la Información y la Comunicación como motor de transformación de la esfera pública. Retos y oportunidades.
Autores: Borja Adsuara, Fernando Ballestero, Ricardo Cavero, Iñigo de la Serna, Josep Ramon Ferrer Escoda, Andrés Font, José María Fuster, Xavier Marcet, Alberto Ortiz de Zárate, Joan Ridao y Martín y Javier Busquets.
Editores: Mónica Reig y Javier Busquets
ESADE - Abril 2014
Presentación en la Jornada de Intercambio de Experiencias y Nuevos Canales organizado por CECA el miércoles 2 de noviembre de 2011.
1. Tendencias online => Redes Sociales
2. ¿Por qué Redes Sociales?
3. Cómo abordarlas
4. Funcionalidades
5. ¿Cómo lo hacen las entidades? Conclusión
6. Casos de estudio
Africa 3.0: Technology and Media in AfricaTMS Ruge
In June 2010, I had the pleasure of presenting at Grantmakers in Film + Electronic Media (GFEM)'s first Conversation. My task was to comment on the state of/ future of media, technology, and access to information on the continent. A fairly sizable task to accomplish in a 10-minute presentation.
The best part about the opportunity was that not only was I able to talk about the state of technology on the continent, but I was able to actually demonstrate it. I was fortunate enough to be in Kampala and have access the Appfrica Labs/Hive Colab working spaces. There was adequate bandwidth for me to do the presentation over Skype using screen share.
Firm Resources and Sustained Competitive Advantage by Jay Barneychitwarnold
*Disclaimer on Copyright* The content of this document and all copyright belongs to the original Author (Jay Barney && Journal of Management) i merely did the world the favour of uploading a version of the original paper that is OCR readable in pdf with the ability to highlight. Due to the reformatting the page numbers are not aligned in the same cadence as the original document but every word and diagram checks out; enjoy
Dynamic Capabilities in SMEs: The Integration of External CompetenciesCSCJournals
In spite of substantial body of theoretical and conceptual contributions, empirical evidence of nature of dynamic capabilities and their influence on firm performance is still relatively scarce. We present review of empirical studies of well-known processes that highlight constituting elements of dynamic capabilities, and conclude that relatively little research has been conducted to address managerial practices and processes employed to integrate external competencies. We propose concept of ‘relationship capability’, that denotes integrative dynamic capability constituted of managerial practices and processes that are employed in SMEs, first, to sense and interpret firm’s environment, second, to reconfigure internal organizational processes to integrate external competencies in the firm and third, to develop specialized offerings based on platforms.
Chapter 2Micro-Foundations of Strategic Advantage Resources, .docxchristinemaritza
Chapter 2
Micro-Foundations of Strategic Advantage:
Resources, Knowledge, Core Competencies, and Dynamic Capabilities
Disney has three key resource portfolios that are all difficult to substitute for any competing firm.
First, a large library of content (characters, personalities, stories, events and memories) that the whole world knows and emotionally connects with;
Second, a large portfolio of synergistic objects (videos, toys, games, books, greeting cards, Internet web pages, and themepark attractions) to build emotional connections upon;
Third, many different ways and places to promote its products (Disney theme parks, The Disney Channel, book and magazine publishers, toy makers, department stores, fast food restaurants, and internet).
These portfolios are based on several resources, of which two are particularly difficult to imitate – a culture focused on inventing and innovating around fun, and a brand name that conveys this to and engages all stakeholders around its mission to deliver fun. As a result, Disney has been able to secure a unique advantage in the marketplace.
Disney has also faced some challenges going into new overseas markets, where some of its cultural practices were viewed as anti-fun (e.g. enforcing a non-smoking policy for its employees, and over-charging for food from the visitors, in France).
Disney was forced to either convince others about the value of its values (e.g about non-smoking) or adapt its own practices so that they truly offer fun (e.g. lower food prices).
With these adaptations, Disney has been successful in accruing sufficient value, in terms of profitability, market share, and reputation.
Source: Adapted from Stroup (2000)
One of the major questions of interest to the strategic management field is how firms may achieve and sustain competitive advantage. Of several answers to this question, in this chapter we focus on the most basic – the micro-foundations of strategic advantage, popularly known as the internal view of strategy. Research on the micro-foundations of strategic advantage has generated several hypotheses. These hypotheses may be classified into four major groups:
1) The Resource-based view (RBV) hypothesis, originating in the works of Penrose (1959) and Wernerfelt (1984).
2) The Knowledge-based view (KBV) hypothesis, originating in the inter-related theories of evolutionary economics (Nelson and Winter, 1982), organizational learning (Senge, 1990) and increasing returns (Arthur, 1994).
3) The Core competence view (CCV) hypothesis, originating in the work of Prahalad and Hamel (1990).
4) The Dynamic capability view (DCV) hypothesis, originating in the work of Teece, Pisano and Shuen (1997) and a call for investigating the micro-foundations of dynamic capabilities (Teece, 2007). These investigations have encompassed the process (Ambrosini, Bowman & Collier, 2009; Helfat et al, 2007), structural (Felin et al, 2012), as well as behavioral aspects of the dev ...
FASB Project -Broad TransactionsThe mission of the Financial .docxlmelaine
FASB Project -Broad Transactions
"The mission of the Financial Accounting Standards Board is to establish and improve standards of financial accounting reporting for the guidance and education of the public, including issuers, auditors, and users of financial information." (http://www.fasb.org)
Project Objective
Describe the history, current status, and adoption implications of a Financial Accounting Standards Board ongoing project.
Requirements
The FASB has several ongoing projects that involve the review of standards and which may result in updates and/or revisions of financial accounting standards. You should select an ongoing FASB project after visiting the Technical Plan and Project Updates sections of the FASB Web site.
In a five- to seven-page paper, you should describe the project, its history (briefly), and the project's status. The final section of your paper should describe the implications of the project's adoption. For example, a paper might discuss a project that would result in accelerating the recognition of certain expenses and require additional disclosures.
Specifically:
Familiarize yourself with the project, including information on the history and background of the project and its status.
Using resources at www.fasb.org (including free access to U.S. GAAP codification if you register at the Web site as explained), identify the relevant GAAP and current standards involved. Discuss the proposed change (i.e., what will be different?) and the reasons for the change.
Using at least three different databases in the UMUC library, find at least five sources of information on this FASB project. As you conduct research, identify an actual case that may have provided the impetus for this proposed change, or that would have been influenced by the proposed change. At least two sources should be from scholarly or professional journals. Maintain a research log to document your research process. You will find a research log template (sample research tracker) posted in Course Content.
Frequently the large Accounting Firms have extensive analyses of FASB topics. It is strongly recommended to become familiar with these websites. Occasionally they will also offer free webinars on FASB topics.
Prepare an annotated bibliography. See Course Content for more information and a sample annotated bibliography.
Identify stakeholders and the impact of the proposed change on each of the stakeholders (comment letters may provide good insight).
Deliverables
Write a five- to seven-page paper (APA format, single spaced, standard paper size, one-inch margins, and 12-pointfont) presenting the results of your work. Submit your paper, research log, and annotated bibliography by the due date, or as otherwise instructed. Cover pages, abstract/ executive summary, table of content if you chose to include or bibliography / reference lists do not count toward page count.
Format
Submit your paper and annotated bibliography as a Word document. The rese ...
Effect of Supply Chain Management Competencies on Organization Performance a ...paperpublications3
Abstract: Supply chains as one of the governance aspect are complex systems with different structures and power proportions between partners. Managers would be in a better position to meet the challenges of global supply chain processes if they understand the implementation issues and their roles on supply chain effectiveness. The main purpose of the study is to investigate the effect of supply chain management competencies on organizational performance and specifically the effect of innovation Orientation on organizational performance. Explanatory research design was used. The population of study comprised 244 employees from selected Parastatals in Nairobi City County. Questionnaires were used to collect data and data was analyzed using descriptive statistics like means, frequencies, and percentages, and inferential statistics, Pearson correlation and multiple regressions. Results indicated that innovation orientation has significant and positive effect on organizational performance. This concludes that firms whose managers have innovation orientation improve performance. It is recommended that there should be further research and development on innovative and leading organizational practices in order to enhance performance and need for supply chain management policies and procedures that follow an appropriate sequence and structure.
What are the main motives for establishing an international joint ve.pdfezonesolutions
What are the main motives for establishing an international joint venture? Illustrate your answer
by drawing upon the case study of Renault & Nissan.
Solution
Defining the ‘motive’ of international joint venture
The study of motives of international joint ventures in international business and marketing
literature is consistent and substantial (Hyder, 1999; Tatoglu, 2000; Banai et al 1999; Fahy et al
1998; Tatoglu and Glaister 1998; Wong 1998). Motives of IJV formation have been assessed in
different country contexts (for example UK, Sweden, Turkey, Hungary, Hong Kong, Russia etc).
The examination of IJV literature however suggests that IJV studies suffer from an imperfect
understanding of the term ‘motive’. None of the studies examined in this paper has made any
attempt to define the term ‘motive’. It appears that researchers and authors in prior studies have
assumed that ‘motive’ is a well-understood term by the academic audience including researchers,
readers and respondents. The available evidence of multiple interpretations in different studies
however indicated subjective and fractured understanding of this key concept.
The lack of definition of motive is a critical oversight in IJV research effort. It has contributed to
the possibility of multiple interpretations. It is argued that the absence of a consistent
interpretation and definition of the term motive has been a key contributory factor to the slow
progress of research on IJV motives. A lack of universally accepted definition has led to
interpretation inconsistencies in different IJV studies. While the precise understanding of
‘motive’ as a fundamental concept is essential in any investigation of IJV motives, it has
received little or no attention in earlier literature. It is argued that the comprehensive definition of
‘motive’ is central to bringing about a balanced understanding to this area of research
EXISTING INTERPRETATIONS:
The dominant interpretation of motive in most studies borders the notion of ‘reasons’ of
choosing IJV governance structure. The seminal work of Tomlinson (1970, 192) sets the
tradition of interpreting motives as reasons for example ‘favorable past association’ was reported
as the single most important reason followed by ‘facilities’, ‘resources’, and ‘partner status’. In
other studies, motive is also interpreted in slightly different but related manner. Interpretation of
Hyder and Ghauri (1989) and Hyder (1999) suggest the notion of benefits rather than the
dominant interpretation of ‘reason’ implied by the term motive. Subsequent studies however by
Glaister (1996), Fahy et al (1998), Wong (1998), Tatoglu (2000) seem to continue with the
interpretation of Tomlinson although without any explicit acknowledgement. The problem of
multiple interpretations is further exacerbated by inconsistent and often vaguely stated
theoretical approaches of IJV studies. The following section sets out to define the concept of
‘motive’ from a resource-based perspective.
It i.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!