henry_The internal environement

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1、9780199288304_C0511/12/0711:12AMPage124TheInternalEnvironment:AResource-BasedView5ofStrategyChapter1WhatisStrategy?Chapter6Chapter2AssessingOrganizationalTheGeneralPerformanceEnvironmentChapter5Chapter3TheInternalEnvironment:TheCompetitiveAResource-Ba

2、sedViewofEnvironmentStrategyChapter4TheInternalEnvironment:ValueCreatingActivitiesLearningObjectivesAftercompletingthischapteryoushouldbeableto:•Discusstheresource-basedviewofstrategy•Explaintheroleofresources,competenciesandcapabilitiesinhelpinganorg

3、anizationachieveasustainablecompetitiveadvantage•Explainhowtheresource-basedviewcanguidestrategy•Evaluatetheimportanceofknowledgemanagementwithinorganizations9780199288304_C0511/12/0711:12AMPage1251255.1IntroductionThepreviouschapterwasdevotedtoananal

4、ysisoftheinternalenvironmentandhowtheorganizationmightusefullyanalyseitsvaluecreatingactivities.Inordertohelpassesstheimportanceofthefirm’sinternalenvironmentweplacedourdiscussioninthecontextofthefactorswhichaccountforanorganization’sperformance.InChap

5、ter3wesawthattheanswertothequestion‘Whatdrivesanorganization’sper-formance?’wasrootedinanunderstandingofanorganization’smarketsandindus-try.This‘positioningapproach’acceptstheimportanceofanorganization’sresourcesbutarguesthatinformulatingstrategyanana

6、lysisofthecompetitiveenvironmentisamoreappropriatestartingpoint.Whatdeterminesanorganization’sperformancewillcontinuetobeourbackdropasweevaluateanalternativeapproachtothisquestion.Wehavealreadynotedthatacriticismmadeaboutthepositioningapproachisthatit

7、failstoanswerthisquestionadequately.Inthischapterwewillexplorearadicallydifferentperspectivewhich5suggeststhatrelativefirmperformance,andthereforeprofitability,isdeterminedbyanorganization’sresourcesandcompetencies.Thishasbeentermedtheresource-basedview

8、ofthefirm.•InSection5.2wecontinuethedebateondifferentialfirmperformancebyintroducingtheresource-basedviewofstrategicmanagement.Weevaluatetheroleofresources,corecompetencies,anddistinctivecapabilitiesinhelpingtheorganizationtoachieveacompetitivea