1. Makadok (2001) emphasizes the distinction between capabilities and resources by defining capabilities as “a special type of resource‚ specifically an organizationally embedded non-transferable firm-specific resource whose purpose is to improve the productivity of the other resources possessed by the firm” [4](p389). “[R]esources are stocks of available factors that are owned or controlled by the organization‚ and capabilities are an organization’s capacity to deploy resources”:[3] p. 35. Essentially
Premium Resource Firm Sustainability
effort to answer this question‚ a thorough internal investigation can be helpful in determining what aspects of this company are making it an industry leader. Two aspects of this internal analysis of Exxon Mobile are the company’s resources and capabilities. Resources One of the most reputable resources that Exxon Mobil has today is a strong brand name. Exxon Mobil operates all over the world and is recognized in every part of the world (Datamonitor‚ 2008). When people all over the world know who
Premium Standard Oil Research Strategic management
Information Systems Research Vol. 21‚ No. 2‚ June 2010‚ pp. 249–270 issn 1047-7047 eissn 1526-5536 10 2102 0249 informs ® doi 10.1287/isre.1080.0220 © 2010 INFORMS Technological Frames‚ Organizational Capabilities‚ and IT Use: An Empirical Investigation of Electronic Procurement J. Mack Robinson College of Business‚ Georgia State University‚ Atlanta‚ Georgia 30303‚ amishra@gsu.edu Robert H. Smith School of Business‚ University of Maryland‚ College Park‚ Maryland 20742‚ ragarwal@rhsmith
Premium Innovation Technology
Core IT Capabilities Information technology (IT) is the application of computers and telecommunications equipment to store‚ retrieve‚ transmit and manipulate data. The term is commonly used as a synonym for computers and computer networks‚ but it also encompasses other information distribution technologies such as television and telephones. Several industries are associated with information technology‚ such as computer hardware‚ software‚ electronics‚ semiconductors‚ internet‚ telecom equipment
Premium Multinational corporation Corporation Communication
to The Five Capabilities Guiding questions: What are the five capabilities‚ how are they demonstrated and how are they connected to achieving your personal and learning goals? This task is designed to provide you with an opportunity to: explore the five capabilities link the capabilities to personal and learning goals. Through Term 1 and 2 you will have the opportunity to develop your knowledge of the 5 capabilities. You need to demonstrate your understanding of each capability and link one
Premium Employment Communication Problem solving
The Capabilities and Effects of Background Music S. Wakeley Wayne State College Abstract Nonverbal communication speaks louder than verbal communication; therefore‚ nonverbal communication‚ such as background music‚ needs to be sensibly evaluated. As a form of nonverbal communication‚ background music is capable of influencing a target audience. In advertising‚ emotions can be shifted depending on the music being played in the background and the same feelings are then transferred to the product
Premium Tempo Psychology Emotion
Course Title: Strategy & Policy Section: A Semester: Fall 2012 Program: MS-Mgt Assignment #5 [Position Paper: Dynamic Capabilities and Strategic Management] Submitted to: Dr. Sarwar M. Azahar Submitted by: Syed Shahid Hussain 12013092-016 Maham Shahid 12014092-001 Rehman Asif 12013092-011 Due Date: 13th December 2012 Submission Date: 13th December 2012 Marks: Comments: _______________________________________________________________________
Premium Strategic management Management
Review core capabilities. Core capabilities are critical issues in operations management. Why are core capabilities an asset? Are there any instances in which a firm’s core capabilities can be a liability rather than an asset? In general‚ core capabilities are an organization’s key ability that sets it aside from competitors. According to Qfinance‚ the definition of core capabilities is a key ability or strength that an organization has acquired that differentiates it from others‚ gives it
Premium Management
Capability Maturity Model Capability Maturity Model is a reference model of mature practices in a specified discipline‚ used to assess a group’s capability to perform that discipline. CMM is a collection of instructions an organization can follow with the purpose to gain better control over its Software development process. Capability Maturity Models differ by discipline‚ structure (staged versus continuous)‚ how maturity is defined and how capability is defined. CMM are used in process Improvement
Premium Management Capability Maturity Model Process management
around Vodafone’s long-term strategies in terms of its international presence. So as to help Vodafone pursue the aforementioned goals‚ we were assigned a consulting mandate to evaluate the following queries: 1- Are Vodafone’s organizational capabilities correctly aligned with their current strategy? If not‚ how could they improve them in order to grow within the competitive market they are facing? 2- Does Vodafone’s organizational structure enable them to
Premium Decision making Vodafone Customer service