Unformatted text preview: productive use.-These skills reside in an organizations rules, routines and procedures . o Meaning: the manner in which an organization makes decisions and manage its internal procudres to achieve organizational objectives Resource Capabilities and Competencies: -The distinction between resources and capabilities is crucial to understanding what generates a distinctive competency. o Must have at least: A firm-specific and valuable resources and the capabilities neceserry to take advantage of that recourse Capability to manage that resource The role of strategy:...
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- Spring '08
- Skill, Four stages of competence