Resources and Capabilities

Xavier Gimbert
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Xavier Gimbert: ESADE Business School

Chapter Chapter 8 in Think Strategically, 2011, pp 115-125 from Palgrave Macmillan

Abstract: Abstract In addition to being an outstanding painter, draughtsman and sculptor, Leonardo da Vinci conceived the helicopter, the parachute, the automobile and the submarine, among other things, more than 400 years ago. But he was never able to make them. He did not possess the resources and the capabilities to make them. A company can imagine the best of strategies, but if it does not have the resources and capabilities to put its strategic vision into practice that vision will lie dormant like those ideas of Leonardo’s, until this company has sufficient resources and capabilities — or until some other firm that does have them catches on to the same strategy.

Keywords: Core Competence; Brand Image; Financial Capability; Tangible Asset; Strategic Thinking (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30756-8_9

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DOI: 10.1057/9780230307568_9

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