Skills and Capabilities in Business Strategy
People are the heartbeat of sustainable competitive advantage. Sustainability of the competitive advantage of an organization is embedded in the people work in it. This is true at two different dimensions. The first dimension is the single employee; employees are bringing into organization their unique set of knowledge, skills, and capabilities. In doing so, they definitely contribute to the sustainability of the advantage of an organization. The other level is the level of the workforce as a group. Here, the culture represents these connective social tissue that enable people to interact to merge and to relate to each other, to imitate from any other competitors. So, while a single employee can leave the company and join the competition, this is not a threat. Because that single resource will never be able to replicate the culture that allows the organization to create and maintain its competitive advantage.
So, if it is true that people are the source of a sustainable competitive advantage within an organization, how do people contribute to the sustain success? In order to anser the question business must divide the work of people within the organization at two different t levels. The first level the daily work or routine work. The second category is exceptional work, which is the work that really changes things w...
... middle of paper ...
...d using the rational model and implementation with attitude of deliberate strategic motives can result in lack of flexibility (Leitner, 2014). It hinders the business from being affected to the changes in business environment, hence losing some of the productive market opportunities. Additionally, stifling initiative, when business is trying to implement the strategies based on different reality and set of expectations, the ability to initiate more creative and innovative approaches will be hindered (Leitner, 2014).
However, all these models are based on suppositions. Yet, assumptions gives the managers the advantage of questioning the validity of a chosen approach. Assumptions and the forecast derived using those models are also questioned. Also, there are alternative models to apply, which leads to arguments between managers to choose which fits the best!
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Starbucks Strategy and Environment Introduction With the development of economic globalization, “fast food” becomes a more and more substantial industry in the business world, which adapts to the pace of people’s life. Each organization spares every effort to stand forward the competition due to the fierce competition. In this article, we focus on the “Starbucks”, a prevailing coffee manufacturer in recent years. In 1971, a coffee bean retailing store named Starbucks was opened by Jerry Baldwin, Zev Siegl and Gordon Bowker in order to sell specialty whole-bean coffee in Seattle.... [tags: Starbucks Business Strategy Analysis]
1855 words (5.3 pages)
- Oasis Bicycles is a Taiwan based company which designs and sells a variety of bicycles for road as well as mountains. Due to its presence in four continents, it is considered as a good example of a global company. It is considered as one of the largest bicycle manufacturing company with sales of around US $800 million. About 93 percent of which comes from outside Taiwan. According to its CEO, “Because of the small market for bicycles in Taiwan, we don’t have any other choice– we have to be a global company.... [tags: Oasis Bicycles Case Study]
1572 words (4.5 pages)
- Being a manager is one of the most difficult — and potentially one of the most rewarding — jobs that anyone can take on in an organization. A successful manager must continuously improve systems and processes to make them more efficient, more effective, and less costly. Because the environment of business is always changing — new employees, new technology, new sources of supply, new competitors — managers always have to be alert to the need of restructuring their organizations to keep them competitive in the marketplace.... [tags: Business Management Strategy]
1053 words (3 pages)
- Tips for Making a Magnificent Team Greater Successful edits begin with a mindset. As you edit, think like an owner. Articles that contain subpar content threaten our company’s success, and, by extension, our livelihoods. Raise the stakes that high before opening your “Work Desk.” To ensure quality, ask these questions while you edit: What information should an article with this title deliver. Create expectations before editing. The context this question provides can help you determine whether the writer has taken the appropriate slant.... [tags: Business Management]
2449 words (7 pages)
- Global business environment can be impacted by many factors that cross country borders. Environmental factors can greatly affect global business in all corners of the world. Natural disasters, population growth, and pollution are problem areas that affect all countries. Because of the environmental impacts, all countries had to work together to find common solutions. In America, population growth and pollution find communities across the land reclaiming areas that have been left to waste. In Washington, DC, the Anacostia Waterfront Initiative was signed on March 22, 2000.1 This initiative is the foundation for the revitalization of the Anacostia areas of Washington, DC.... [tags: Global Business]
1764 words (5 pages)
- MGMT – 510-95 Mounika Vinta ID: 157577 Assignment 03: Chapter 5 & 6 Chapter 5: 1. Describe low-cost strategy. How does this relate to differentiation. All together increment request and pick up piece of the share, the organization makes a technique which brings down the cost of items. An organization embraces this procedure from the three bland promoting methodologies. At the point when economies scales are accomplished with high generation rate and when there is no or some upper hand this procedure is connected.... [tags: Strategic management, Management, Marketing]
1068 words (3.1 pages)
- This advertisement presents both the Kia Optima and an NBA star player Blake Griffin. Blake Griffin is a half African American and half Caucasian all-star NBA basketball player and arguably top 10 in the league. The advertisement begins with the player holding one black chess piece. This piece he happens to be holding is the king in chess. In chess, the king piece is the most important piece, the strongest of all the others as opposed to the pawn, which is the weakest piece. In the advertisement Blake Griffins head is attached as one of the chess pieces specifically the king.... [tags: Chess, Chess piece, Pawn, Upper middle class]
1237 words (3.5 pages)
- 1. The key strategy implementation efforts at Amazon all surround the use of “big data”. Big data is the growth and availability of large volumes of structured/unstructured data. The use of big data has allowed decision making based upon data and analysis instead of past experience and intuition. Big data has directed organizational change in allowing Amazon to expand from an online book store to an internet giant. Revolutionary application of big data has allowed Amazon to create superior service quality while motivating employees by providing real time information to solve customer issues.... [tags: Customer service, Sales]
1363 words (3.9 pages)
- Wyndham International Business Case Study Challenges facing Wyndham International There are a number of challenges facing Wyndham International in 2001 as they move forward to capture market share of a distinct upscale segment of the business and leisure travelers. In 2001, Wyndham was not a well-known name in the industry. The company had been suffering financially and had sold considerable assets in an effort to promote the Wyndham brand. The challenge of building branch recognition in a market dominated by a few key players such as Marriott, Hilton and Hyatt compounded by the fact that the travel and tourism market was already suffering from the backlash of the September 11, 2001 trage... [tags: Business, Analysis, Case Study, solution]
1782 words (5.1 pages)
- The Possibility of Making a Profit for My Product Aim: To word process a report, investigating the possibility of making a profit for my product. In order to do this I will be required to use break-even analysis. This will involve working out costs, setting prices, and producing spreadsheets and charts. All the information gathered would be used to word process a report, which will explore the possibility of making a profit. Task 1 Introduction ==================================================== My last piece of coursework will be based on finance.... [tags: Papers]
1931 words (5.5 pages)