Randomness, Variability, and Competitive Advantage: A Value-Based Analysis

2011 ◽  
Author(s):  
David Gaddis Ross
Keyword(s):  
Competitive Advantage ◽  
A Value

An Analysis of Knowledge Space Concept and Recursive Approach for Servitizing in Manufacturing Industries

2014 ◽  
pp. 273-291
Author(s):  
H. M. Belal ◽  
Kunio Shirahada ◽  
Michitaka Kosaka
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Manufacturing Industry ◽  
Manufacturing Companies ◽  
Knowledge Space ◽  
Creation Process ◽  
A Value ◽  
A Company ◽  
Analysis Of Knowledge ◽  
Space Concept

This chapter proposes a knowledge space concept and a recursive approach to servitizing in the manufacturing industry. Manufacturing companies need to move up the value chain and compete on the basis of value delivered rather than on the basis of typical products. Therefore, more corporations are adding value to their core corporate offerings through services, which is called servitization, and the strength of service activities within the manufacturing industry (servitization) has become the main source of competitive advantage. This chapter identifies two exclusive approaches to adapting servitization in the manufacturing industry called the knowledge space concept and recursive approach, which also explains the value co-creation process with customers through integrating “B-to-B to C,” which produces a company that is a value provider.

scholarly journals How Value Network-Based Co-Inovation Contribute in Competitive Advantage

2019 ◽  
Vol 28 (2) ◽  
pp. 79-90
Author(s):  
Maryono Maryono ◽  
Imam Ghozali ◽  
Amie Kusumawardhani ◽  
Mahelan Prabantariksa
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Conceptual Development ◽  
Empirical Studies ◽  
Value Network ◽  
Mediating Role ◽  
A Value ◽  
Relational Capabilities ◽  
The Impact ◽  
The Relationship

This study aims to develop a comprehensive integrated model which helps in explaining the impact of value chain integration’s (VCI)’s and relational capability impact on co-innovation in a network and competitive advantage. It also explores the role of value network-based co-innovation as a mediator in the relationship between supply chain integration and competitive advantage, and in the relationship between relational capabilities and competitive advantage of a housing bank sector. The study suggests that firm gains competitive advantage by utilizing value chain integration and relational capability. It is argued here that co-innovation based on value network has mediating role to create competitive advantage. The paper provides a discussion and implication on where value lies and how value is co-created in network of interdependent relationship and illustrate this by sketching a value map in network relationship and possible innovations that can be co-created in housing bank ecosystem. The study involved a single government owned bank located in different cities, therefore the results should be generalized cautiously. This paper constitutes an attempt to stimulate efforts and provide directions on the further conceptual development of value network-based co-innovation (VNBC). The newly developed measure of VNBC and CA exempt from past conceptual streams of the determinant of CA, could be used for valid measurements in future empirical studies in the field of strategic management. The paper provides a practical implications for managers to identify value and utilize new way of analyzing value-chain to create co-innovation within housing bank ecosystem. It also allows manager to practicing relational capability which gives the most impact to competitive advantage..

scholarly journals THE CONCEPT OF LOGISTICS CLUSTERS AND EFFICIENCY OF ECONOMIC ENTERPRISES

2019 ◽  
pp. 351-361
Author(s):  
Robert DMUCHOWSKI
Keyword(s):  
Competitive Advantage ◽  
Customer Service ◽  
Value Chain ◽  
Business Strategies ◽  
Regional Competitiveness ◽  
A Value ◽  
Efficiency And Effectiveness ◽  
Scale Range ◽  
Logistics Activity ◽  
The Impact

In Poland, Europe and worldwide, business strategies are implemented to ensure economic growth as a result of the impact of innovation and regional competitiveness. One of the effective and already proven methods of this strategy is building a competitive advantage based on the development of regional clusters. In their operations, clusters use the benefits of agglomeration, scale, range as well as local facilities resulting from production processes and distribution of knowledge. The concept of logistics clusters perfectly fits the aims of business clusters. The efficiency of logistics processes is perceived through the prism of cluster’s efficiency and effectiveness; the cluster philosophy can be used in logistics activities in order to seek optimization of its processes. Combining a cluster project with a logistics activity is one of the ways to improve competitiveness. Logistics clusters have the ability of a wider use of solutions developed by individual companies forming a cluster as well as solutions developed by companies from other sectors with which such enterprises cooperate. It is possible due to the development of innovative solutions in customer service, based on the experienceand cooperation of enterprises which can be considered as logistic and entities from other sectors of economy. The emergence of logistics clusters is stimulated by processes of internationalization and liberalization of material and capital flows, permanent search for new sources of competitive advantage, e. g. by optimizing logistics processes leading to cost reduction and by minimizing development disproportions of EU regions. The influence of market environment and existing trends causes that the analysis of a value chain and its network of connections as well as the course of processes should lead to a stage of selecting the most beneficial structures of this chain and the sequence of processes in this chain (Obłój, 1998, p. 215). As a consequence, logistics clusters including, for example, companies from freight-transportation-logistics (FTL) industry, will be looking for more effective ways of functioning. While examining the impact of logistics processes implemented in cluster initiatives on company’s financial results, it is necessary to determine the share of logistics costs in total costs and their impact on other areas of this company.

Strategi Diferensiasi sebagai Upaya Mewujudkan Keunggulan Bersaing pada UKM Furniture

2020 ◽  
Vol 8 (1) ◽  
pp. 20
Author(s):  
Arsy Permatasari Zahara ◽  
R. Deni Muhammad Danial ◽  
Acep Samsudin
Keyword(s):  
Competitive Advantage ◽  
Strong Correlation ◽  
Business Owners ◽  
Research Data ◽  
Added Value ◽  
Differentiation Strategy ◽  
A Value ◽  
Product Service ◽  
The City ◽  
Research Show

Competitive advantage is an ability to create products that have more added value that can be used as strength to win the competition. The study was conducted on the furniture business of the City of Sukabumi, which wants to win the competition in an increasingly increasing number of competitors with similar businesses. The purpose of this study is to determine and understand the effect of differentiation strategies as an effort to realize competitive advantage in furniture SMEs. Starting with the desire to realize competitive advantage, the company needs to create a difference or privilege that is not owned by competitors to be used as strength in winning the competition. The method used to process this research data is quantitative with associative methods. With 50 respondents, namely furniture business owners or managers using IBM SPSS Version 23. The results of this research show that this research is categorized as having a very strong correlation with a value of 0.896. So that the conclusions in this research reveal the differentiation strategy has an influence in realizing competitive advantage by creating a difference both from product, service, personnel and image.

Exploring the Usage of Big Data Analytical Tools in Telecommunication Industry in Oman

Web Services ◽  
2019 ◽  
pp. 459-472
Author(s):  
Himyar Ali Al Jabri ◽  
Ali H. Al-Badi ◽  
Oualid Ali
Keyword(s):  
Information Technology ◽  
Social Media ◽  
Big Data ◽  
Data Management ◽  
Competitive Advantage ◽  
Case Studies ◽  
Telecommunication Industry ◽  
A Value ◽  
Telecom Industry ◽  
Analytical Tools

Big Data has recently become a very hot topic in the field of Information Technology and Data Management. Data generated by the company's daily operations through different resources such as social media, etc. is very important because it can bring a value that will lead to a competitive advantage. The objectives of this research are to: 1) Explore the analytical tools used to manipulate Big Data in Omani telecom industry, 2) Present the benefits of using these tools, the extent of use, and the features specifically promoted these tools, and 3) Highlight the challenges/obstacles that the telecom industry in Oman facing in adopting/using Big Data analytical tools. To achieve the research objectives two case studies were conducted among the main telecom operators in Oman. This research concluded that both studied telecom operators in Oman are not ready for the DBAs. Both operators need to invest in developing the capabilities that enable them to use these tools. Once that is satisfied, then other components like the infrastructure, tools, and data can be managed very well.

scholarly journals Redesign and upcycling – a solution for the competitiveness of small and medium-sized enterprises in the clothing industry

2018 ◽  
Vol 69 (01) ◽  
pp. 31-36 ◽  
Author(s):  
CUC SUNHILDE ◽  
TRIPA SIMONA
Keyword(s):  
Competitive Advantage ◽  
Value Chain ◽  
Small And Medium Enterprises ◽  
New Product ◽  
Product Performance ◽  
Clothing Industry ◽  
A Value ◽  
Development Processes ◽  
Design Production ◽  
Medium Enterprises

The paper aims to open a new field of research applicable to small and medium enterprises in the clothing industry, namely, the focus on new product design by increasing the efficiency of fabric use and recycling and a value chain perspective that concentrates on downstream in the chain. The main objective of this paper is to present how small and medium-sized enterprises (SMEs) in the clothing industry can achieve a competitive advantage by using a sustainable approach. This study provides useful solutions for understanding the product development processes for fashion to rethink, reuse or upcycle the waste in the production stage. We propose a better connection between different links of the value chain: design, production, marketing to create fashion items so when possible, this waste to be used to make new products and highlights the advantages of implementing this solution. Sustainable production can be a way of gaining a competitive advantage. This strategy can be successful by integrating the vertical value chain by strengthening the creative department, fashion design, and involvement in marketing and sales. In the clothing industry, the strategy of integrating design and retail can lead to a more flexible design process and, therefore, to an increased product performance.

scholarly journals ANALISIS DAYA SAING UBI KAYU INDONESIA DI PASAR INTERNASIONAL

2018 ◽  
Vol 14 (1) ◽  
pp. 1
Author(s):  
Fahrisa Surya Pramesti ◽  
Endang Siti Rahayu ◽  
Agustono Agustono
Keyword(s):  
Competitive Advantage ◽  
Comparative Advantage ◽  
Added Value ◽  
Pcr Analysis ◽  
Cost Ratio ◽  
A Value ◽  
Comparative Advantages ◽  
Agricultural Areas ◽  
Method Analysis ◽  
Domestic Factor

<p>Abstract: This research aims to determine the competitiveness of cassava Indonesia<br />compared with competitor countries if the terms of its comparative advantages, and to<br />know the competitiveness of Indonesian cassava if the terms of its competitive<br />advantage. The basic method used is descriptive analytical method. Analysis of the<br />data used is the analysis of comparative advantage Revealed Comparative Advantage<br />(RCA) and analysis of competitive advantage Privat Cost Ratio (PCR). RCA analysis<br />results for commodities cassava Indonesia has a value of 0.7 or below one, which<br />means that during the period of cassava Indonesia does not have a comparative<br />advantage compared to other countries with the same commodity. While the results of<br />PCR analysis, farming cassava in Indonesia has a competitive advantage because it<br />has a PCR value of 0.36 or less than one, which means that to get the added value of<br />farm output by one unit cassava required additional domestic factor costs less than<br />one unit is equal to 0 , 36. While private profits is positive, it shows that the indication<br />of the results of farming cassava Indonesia supernormal and should lead to the<br />expansion or expansion in the future, unless the agricultural areas in Indonesia can<br />not be expanded or substitute crops are more profitable in private.</p><p> </p><p>Abstrak: Penelitian ini bertujuan untuk mengetahui daya saing ubi kayu Indonesia<br />dibandingkan dengan negara pesaing jika ditinjau dari keunggulan komparatifnya, dan<br />mengetahui daya saing ubi kayu Indonesia jika ditinjau dari keunggulan<br />kompetitifnya. Metode dasar yang digunakan adalah metode deskriptif analitis.<br />Analisis data yang digunakan adalah analisis keunggulan komparatif Revealed<br />Comparative Advantage (RCA) dan analisis keunggulan kompetitif Privat Cost Ratio<br />(PCR). Hasil analisis RCA untuk komoditas ubi kayu Indonesia memiliki nilai 0,7<br />atau di bawah satu, yang berarti pada periode tersebut ubi kayu Indonesia tidak<br />memiliki keunggulan komparatif dibandingkan dengan negara lain dengan komoditas<br />yang sama. Sedangkan hasil analisis PCR, usahatani ubi kayu di Indonesia memiliki<br />keunggulan kompetitif karena memiliki nilai PCR 0,36 atau kurang dari satu, yang<br />berarti untuk mendapatkan nilai tambah output usahatani ubi kayu sebesar satu satuan<br />diperlukan tambahan biaya faktor domestik kurang dari satu satuan yaitu sebesar 0,36.<br />Sedangkan keuntungan privat bernilai positif, hal tersebut menunjukkan bahwa<br />indikasi dari hasil usahatani ubi kayu Indonesia supernormal dan harus mengarah pada<br />ekspansi atau perluasan di masa mendatang, kecuali apabila daerah pertanian di<br />Indonesia tidak dapat diperluas atau terdapat tanaman pengganti yang lebih<br />menguntungkan secara privat</p><p> </p>

scholarly journals Determinants of Family Business Progress

2014 ◽  
Vol 6 (4-2) ◽  
pp. 5-14
Author(s):  
Agnieszka Wróblewska-Kazakin
Keyword(s):  
Competitive Advantage ◽  
Family Business ◽  
Family Firms ◽  
Free Market ◽  
Testing Phase ◽  
A Value ◽  
The Family

Abstract The aim of this article is to indicate the characteristics, which make family business prominent in the free market. Perceiving these characteristics as values of family business gives them the opportunity to gain competitive advantage and enables multi-generation existence of the company. The process of succession, if conducted in a planned and formalized way, becomes a value itself. The two projects: ‘The guide to succession’ and ‘Value codes’, both in the testing phase, promoting the process of succession in Polish family firms, have set the creating of complex tools enabling the succession in the family business to be effected their target

scholarly journals AN INDEX FOR MEASURING HORIZONTAL DIFFERENTIATION IN HOSPITALITY

2020 ◽  
pp. 539-553
Author(s):  
María D. Illescas-Manzano ◽  
◽  
Manuel Sánchez-Pérez ◽  
Sergio Martínez-Puertas ◽  
◽  
...  
Keyword(s):  
Competitive Advantage ◽  
Hospitality Industry ◽  
Horizontal Differentiation ◽  
Product Analysis ◽  
Great Range ◽  
Differentiation Strategy ◽  
A Value ◽  
Quality Signals ◽  
Objective Quality ◽  
Resources And Capabilities

Amid a continuous and evolving offer of new services, the hospitality industry is immersed in a highly competitive changing environment, being differentiation an essential strategy to survive and gain a competitive advantage. As a consequence, a differentiation strategy is continuously being defined and adapted. Beyond the vertical differentiation, focused on objective quality signals, horizontal differentiation offers more chance and alternatives to hoteliers for using own resources and capabilities to gain a competitive advantage. In particular, product analysis and competition evaluation are a must-be to offer a value proposition co-created with the customer. Considering the great range of services, and the need to compute all properly and understandably, this work aims to design and index that can integrate all services of a hotel and allow comparison to evaluate the level of differentiation.

Exploring the Usage of Big Data Analytical Tools in Telecommunication Industry in Oman

2017 ◽  
Vol 30 (1) ◽  
pp. 1-14 ◽  
Author(s):  
Himyar Ali Al Jabri ◽  
Ali H. Al-Badi ◽  
Oualid Ali
Keyword(s):  
Information Technology ◽  
Social Media ◽  
Big Data ◽  
Data Management ◽  
Competitive Advantage ◽  
Case Studies ◽  
Telecommunication Industry ◽  
A Value ◽  
Telecom Industry ◽  
Analytical Tools

Big Data has recently become a very hot topic in the field of Information Technology and Data Management. Data generated by the company's daily operations through different resources such as social media, etc. is very important because it can bring a value that will lead to a competitive advantage. The objectives of this research are to: 1) Explore the analytical tools used to manipulate Big Data in Omani telecom industry, 2) Present the benefits of using these tools, the extent of use, and the features specifically promoted these tools, and 3) Highlight the challenges/obstacles that the telecom industry in Oman facing in adopting/using Big Data analytical tools. To achieve the research objectives two case studies were conducted among the main telecom operators in Oman. This research concluded that both studied telecom operators in Oman are not ready for the DBAs. Both operators need to invest in developing the capabilities that enable them to use these tools. Once that is satisfied, then other components like the infrastructure, tools, and data can be managed very well.

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