Distinctive Capabilities
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Welcome to the Distinctive Capabilities center of 12manage.
Here we exchange knowledge and experiences in the field of Distinctive Capabilities.
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What distinguishes the successful firmHow can business strategies add value? What distinguishes the successful firm is the fundamental question in business strategy, and one which most senior managers consistently ask themselves. Companies with distinctive capabilities have attributes which others not
have and cannot replicate, not even after they realize the benefit they offer
to the company which originally possesses them. In "Foundations of Corporate Success", John Kay argues that the best businesses derive their strength from a distinctive structure of relationships with employees, customers, and suppliers. He explains why continuity and stability in these relationships is essential for a flexible and co-operative response to change. Three Distinctive CapabilitiesAccording to John Kay, there are three Distinctive Capabilities which a company can possess to create added value and achieve competitive advantage through relationships:
Book: John Kay - Foundations of Corporate Success
Compare with: Value Disciplines | Competitive Advantage | Rule of Three | Resource-Based View | Parenting Styles | Parenting Advantage | BCG Matrix | Growth Phases | Organizational Configurations | 3C's | Acquisition Integration Approaches | Strategic Types Return to Management Hub: Change & Organization | Human Resources | Knowledge & Intangibles | Marketing & Sales | Strategy & Innovation |
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