The Winning Blueprint: Business Models and Distinctive Capabilities

Roberto S. Vassolo (), Natalia Weisz () and Benjamin Laker ()
Additional contact information
Roberto S. Vassolo: Universidad Austral
Natalia Weisz: Universidad Austral
Benjamin Laker: University of Reading

Chapter Chapter 7 in Advanced Strategic Management, 2024, pp 97-105 from Springer

Abstract: Abstract In this chapter, we explore the indispensable role of capabilities. We argue that these are foundational elements that bolster an organization’s sustainable competitive advantages when seamlessly integrated into its business model. The key to success lies in a thorough comprehension of value creation and appropriation within the business model. For capabilities to serve as wellsprings of competitive advantage, they must be Valuable, Rare, Inimitable, and Irreplaceable, while remaining firmly within organizational boundaries. Our narrative emphasizes the paramount importance of organizational knowledge, especially in its tacit and collective dimensions, as the primary wellspring of distinctive competences. Acknowledging the cumulative impact of capabilities on sustainable differentiation, we underscore how companies must anticipate and proactively cultivate capabilities, given their time-dependent nature. Further examination delves into the intricacies of updating organizational capabilities, navigating formal structures, individual and organizational habits, and shared values, revealing the intricate multilevel nature of this transformative process.

Keywords: Resources and capabilities; Stocks and flows; Knowledge advantage; Distinctive capabilities; VRIIO analysis; Individual habits; Values; Organizational transformation; Multilevel approach (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-57419-1_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031574191

DOI: 10.1007/978-3-031-57419-1_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().