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Technical capabilities that enhance creativity

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technical capabilities that enhance creativity, efficiency, flexibility, speed orquality in an organisation’s business process;.organisationalcapabilitiesthathelpinmobilisingemployees,fosteringorganisational learning and facilitating organisational changes; and.strategic capabilities that enable the organisation to create, integrate, coordinateits multiple streams of knowledge and competencies and reconfigure andredeploy them among changing market opportunities.Deregulation and privatisation of infrastructure provision in recent years has no doubtbrought challenges and difficulties to infrastructure organisations. It has changed thewhole structure and environment of the business dynamic. In times of rapid changeand high uncertainty such as those experienced by infrastructure organisations, Ma(2000) suggested that kinetic advantages would be more likely to produce sustainablesuperior performance.Ma (1999) also suggested that an organisation’s competitive advantage over a rivalcould be homogeneous or heterogeneous. When an organisation and its rivals arecompeting in basically the same way using similar or homogeneous strengths and skills,the organisation’s advantage over rivals, if any, will likely be deriving from doingthe same thing better. Such advantage is regarded as homogeneous advantage.An organisation can also enjoy heterogeneous advantage over rivals by playing thegame differently or playing a totally different game such as better serving the customersthrough different skills, resource combinations or products from those of its rivals.Infrastructure organisations have, in the past, competed based on homogenousadvantage, that is, using similar strengths and skills because they are traditionallymanaged by government and semi-government organisations. However, in the recentshift towards deregulation and privatisation where the emphasis is focused oncustomer and accountability of results, infrastructure organisations must considerplaying the game differently. They must now look at heterogeneous advantages inorder to sustain their performance.In summary, the above discussion has illustrated the relevance of the RBV paradigmfor improving the performance of infrastructure organisation taking into accountJCRE12,3200
the changes in the operating environment. Both the kinetic and heterogeneousadvantages are the major emphases of the RBV concept. The core argument of RBV isbased on organisation heterogeneity: unique, difficult-to-imitate and firm-specificresources that generate competitive advantage (Barney, 2001). In addition, competitiveadvantage is not and will not be static; over time its competitors will endanger theorganisation’s position by either imitating its products or developing substituteproducts. The organisation has to renew its stock of valuable resources to sustain itscompetitive position (Dierickx and Cool, 1989). To this end, the following section willadopt the tenets of the RBV paradigm to develop a conceptual framework for identifyinginternal

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Term
Fall
Professor
N/A
Tags
Management, asset manager

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