Resource Based View

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(CIMA E2) Mind Map on Resource Based View, created by giugam on 11/05/2013.
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Mind Map by giugam, updated more than 1 year ago
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Created by giugam over 11 years ago
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Resource summary

Resource Based View
  1. We are in Alternative Approaches to Strategic Formulation
    1. Resource Based View concepts are in line with the modern Idea of NETWORK ORGANISATIONS
      1. BARNEY (1991) - UNIQUE RESOURCES are VALUte RARE da IMITAre e Sostituire
        1. Valuable
          1. Rare
            1. Imperfect Imitable
              1. Substitutability
                1. It MUST be difficult for customer to find a Substitute
                2. Competitive Advantage is derived from some unique assets or competences possessed by the company
                  1. Skills and Knowledges of employees
                  2. Resource are
                    1. Tangible
                      1. Physical
                        1. Financail
                        2. Intangible
                          1. EG Design
                      2. Core competences
                        1. Prahalad and Hamel
                          1. Resources combined together to achieve a Competence that is very difficult to emulate by competitors
                            1. EG Carlo Polizzi ha una core competences nel suo campo
                              1. Quale può essere la Core Competence che posso sviluppare nel campo della Contabilità, Bilanci e Analisi?
                              2. Characteristics
                                1. It provides potential access to a wide variety of markets (Extendability)
                                  1. It increases perceived customer benefits
                                    1. It is hard for competitors to imitate
                                    2. STRATEGIC STRETCH
                                      1. Strategic intent of an organisation to leverage its internal capabilities and core competencies to confront competition
                                    3. INSIDE-OUT
                                      1. It means that companies must go in search of MARKETS that enables iit to harness its INTERNAL COMPETENCIES
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