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Dynamic Strategic Resources - Development, Diffusion & Integration (Hardcover)
Loot Price: R2,836
Discovery Miles 28 360
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Dynamic Strategic Resources - Development, Diffusion & Integration (Hardcover)
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Papers and panel discussions from the Strategic Management
Society's annual conference. Contributors include renowned
academics from the world's best business schools and practioners
from organizations such as McKinsey, Boston Consulting Group, CBS,
Nokia and Delta Airlines. Specific authors include C K Prahalad,
Richard Rumelt, Gary Hamel and Michael Porter. (Kirkus UK)
Since the early 1980s it has been recognized that a firma s
resources, capabilities and competencies help it gain a competitive
advantage, that in turn produces higher performance. This
resource--based view of the firm has been an important development
in the field of strategic management. It explains why some
organizations perform better than others and shows that leveraging,
both tangible and intangible, resources is necessary to gain a
sustainable competitive advantage. Bringing together contributions
from multiple perspectives this book examines the management of
strategic resources. First, the book discusses resource strategy
and firm performance -- how resources lead to competitive advantage
and how firm resources interplay with the firm strategy to produce
specific outcomes. Second, it addresses the development, commitment
and governance of firm resources -- how firms develop critical
resources, including the especially difficult development of
intangible resources such as tacit knowledge, internal networks and
the creation of new intellectual capital. Finally, attention is
focused on the problems involved in the transfer of resources and
skills in cooperative strategies such as strategic alliances, and
the allocation of resources to produce innovation. The
resource--based view of the firm is a valuable way of analyzing and
understanding firm strategies and performance. The contributions in
this book provide an important in--depth view of how strategic
resources can be developed and leveraged to create value in
organizations.
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