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83517
Resource Based View
Description
(CIMA E2) Mind Map on Resource Based View, created by giugam on 11/05/2013.
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cima e2
cima e2
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
We are in Alternative Approaches to Strategic Formulation
Resource Based View concepts are in line with the modern Idea of NETWORK ORGANISATIONS
BARNEY (1991) - UNIQUE RESOURCES are VALUte RARE da IMITAre e Sostituire
Valuable
Rare
Imperfect Imitable
Substitutability
It MUST be difficult for customer to find a Substitute
Competitive Advantage is derived from some unique assets or competences possessed by the company
Skills and Knowledges of employees
Resource are
Tangible
Physical
Financail
Intangible
EG Design
Core competences
Prahalad and Hamel
Resources combined together to achieve a Competence that is very difficult to emulate by competitors
EG Carlo Polizzi ha una core competences nel suo campo
Quale può essere la Core Competence che posso sviluppare nel campo della Contabilità, Bilanci e Analisi?
Characteristics
It provides potential access to a wide variety of markets (Extendability)
It increases perceived customer benefits
It is hard for competitors to imitate
STRATEGIC STRETCH
Strategic intent of an organisation to leverage its internal capabilities and core competencies to confront competition
INSIDE-OUT
It means that companies must go in search of MARKETS that enables iit to harness its INTERNAL COMPETENCIES
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