Resources, Capabilities, And Core Competencies

Topics:
Strategic Management Tools
Tags:
Analysis,
Core Competency,
Management,
Purdue University,
Strategy
Source:
Purdue University

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Overview: The internal environment consists of the inherent competencies of the firm and the structure of its internal systems and processes. It is imperative for the organization to conduct an internal analysis to obtain a clear picture regarding its strengths and weaknesses. Based on the same, the organization can devise suitable strategies to leverage its strengths and overcome its weaknesses. The internal resources and capabilities of the organization that are a source of competitive advantage over rival firms are collectively known as the core competency of the organization. The paper examines the role of resources and capabilities towards operationalization of organizational strategy. The internal analysis and value chain analysis are also discussed.

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Format: HTML | Size: 288KB | Date: Jan 2003 | Pages: 26

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