Corporate Capabilities
Ulrich Pidun
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Ulrich Pidun: Boston Consulting Group
Chapter 3 in Corporate Strategy, 2019, pp 33-53 from Springer
Abstract:
Abstract Developing a good corporate strategy is about matching corporate resources and capabilities to the opportunities that arise in the external environment. Companies have the greatest potential to create long-term value for their stakeholders and the broader society if they are really good at what they are doing. Or as Aristotle put it: “Where your talents and the needs in the world intersect, there lies your vocation.” In this chapter, we will first introduce a number of important concepts to analyze and describe corporate capabilities, including the resource-based view of the firm, core competences, dynamic capabilities, and parenting advantage, before we explain different complementary approaches to identify and evaluate a firm’s capabilities, such as functional benchmarking, analysis of corporate history, business model analysis, and parenting diagnostic.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-25426-1_3
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DOI: 10.1007/978-3-658-25426-1_3
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