Finding Competitive Advantage in Self-Managed Work Teams
- Topics:
- Building a Team,
- Competitive Strategy,
- Motivation
- Tags:
- Competitive Advantage,
- Management,
- Strategy,
- Team
- Source:
- Thomson Gale
Vendor Registration: required
Overview: To build a competitive advantage, a firm must provide buyers with superior value. While companies can secure competitive advantages through investment in capital or technology, such avenues provide only short-term benefits as competitors imitate the successful. However, firms can sustain human resource-based competitive advantages that others cannot readily imitate because this type of advantage is not easily visible. Corporations can achieve success by viewing the work force as a competitive advantage, rather than as a cost to decrease or avoid.
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