scholarly journals Value creation, value distribution and the talented CEO.

2013 ◽  
Vol 11 (1) ◽  
pp. 493-509 ◽  
Author(s):  
Valentina Della Corte
Keyword(s):  
Value Creation ◽  
Dynamic Capabilities ◽  
Tourism Industry ◽  
Theory Approach ◽  
Sustainable Competitive Advantage ◽  
Case Study Method ◽  
Guttman Scale ◽  
New Horizons ◽  
Hotel Chains

The aim of the paper is therefore to analyze firm’s leaders (CEOs’) dynamic capabilities in managing the firm’s resources, able to generate sustainable competitive advantage and to create value, as well as to verify how the so created value is distributed between the firm and the CEO. The analysis has been conducted on firms operating in tourism industry and precisely on hotel chains. Among these, some representative firms have been selected and analyzed through case study method. In order to test the research’s hypotheses, a logistic regression model, Moreno sociogram and Guttman scale have been applied. The paper proposes an interesting perspective for studying dynamic resources real use within organization, trying to point out the value they are able to generate and how this value is appropriated. The proposed analysis is an application of Resource-based theory approach to the study of dynamic capabilities creation and their relative generated rent appropriation. From this perspective, it represents a further step in RBT studies, in its connections with other disciplines on the topic. An interesting aspect of the research is that the attention on value creation and distribution rather than just on firm’s performance opens to new horizons in strategic management.

Coping Mechanisms of Hospitality Industry Workers in a Tourism Destina-tion during the Covid-19 Pandemic

2021 ◽  
Vol 2 (12) ◽  
pp. 1410-1415
Author(s):  
Bezaleel Joy Murchante Danay ◽  
Zephaniah Dela Cruz Danay ◽  
Cherry Colesio Escarilla ◽  
Jimmy Bernabe Maming
Keyword(s):  
Hospitality Industry ◽  
Coping Mechanisms ◽  
Tourism Industry ◽  
Case Study Method ◽  
Key Informants ◽  
Travel And Tourism ◽  
Tourism Sector ◽  
Hospitality Workers ◽  
Different Levels

The Covid-19 pandemic brought massive devastations to the different levels of society. The World Travel and Tourism Council had recently warned that Covid-19 pandemic could lead to a cut of 50 million jobs worldwide in the travel and tourism industry. A study conducted by Oxford reveals that Asia will be vilest to be affected by the pandemic and it would take time to recover its economy (Dogra, 2020). This means a wider and greater impacts to the different industries including the tourism sector. The study aims to explore the coping mechanisms of hospitality industry workers in Boracay Island during the Covid-19 pandemic particularly on their experiences during the Covid-19 pandemic and to determine the coping mechanisms of hospitality workers in Boracay Island being affected by the pandemic. The case study method through a qualitative analysis using Robert Yin's approach in the data analysis procedure to explore the data from the experiences of the key informants from the hospitality industry was used. Themes came out from the construct of the key informants like (1) hospitality industry workers experienced mental health, social, and economic issues, (2) The pandemic opens new opportunities and ways to cope with its effects. The output of this research is the proposed Danay, Danay, Escarilla, and Maming Model for Coping Mechanisms of Hospitality Industry workers during the Covid-19 Pandemic.

Influence of middle management on dynamic capabilities

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Marina de Almeida Cruz ◽  
Victor Silva Corrêa ◽  
Daniela Martins Diniz ◽  
Felipe Mendes Borini
Keyword(s):  
Dynamic Capabilities ◽  
Management Training ◽  
Case Study Method ◽  
Content Type ◽  
Top Managers ◽  
Micro Level ◽  
Research Stream ◽  
Management Functions ◽  
Practical Implications

PurposeThe dynamic capabilities (DC) literature focuses primarily on top managers. Although recent studies have drawn attention to middle management's (MM) relevance, these professionals have not been the focus of much attention in the DC literature. The purpose of this paper is to investigate whether and how MM influences DC dimensions.Design/methodology/approachThrough a qualitative strategy and case-study method, 13 MM professionals from four Brazilian companies embedded in competitive and dynamic contexts were investigated. The “micro-practices” approach was used to operationalize the DC construct.FindingsThe evidence shows that MM influences DC dimensions. This influence appears to emanate from 19 identified and named micro-practices.Practical implicationsBy examining how micro-practices (micro-level) influence macro-level DC dimensions, this article raises the significance of including the micro-practices identified herein in management-training programs.Originality/valueThe first relates to the identification of micro-practices within the MM scope. The second relates to the association of micro-practices with management functions. The third relates to the association of micro-practices with DC dimensions. Thereby, this article highlights how DC work in organizations' daily activities. The fourth is the construction of a framework that demonstrates how to integrate the DC micro (micro-practices), meso (managerial functions) and macro (DC dimensions) scopes. Fifth, this paper affirms the emerging research stream that stresses MM's relevance for DC generation.

scholarly journals Impact of Technology Habitual Domain on Ambidextrous Innovation: Case Study of a Chinese High-Tech Enterprise

2018 ◽  
Vol 10 (12) ◽  
pp. 4602 ◽  
Author(s):  
Xinwei Ye ◽  
Lei Ma ◽  
Junwen Feng ◽  
Yang Cheng ◽  
Zheng Liu
Keyword(s):  
Dynamic Capabilities ◽  
Dynamic Environment ◽  
Innovation Strategy ◽  
High Tech ◽  
Sustainable Competitive Advantage ◽  
Turbulent Environment ◽  
Influence Mechanism ◽  
Impact Of Technology ◽  
Exploratory Innovation

To obtain a sustainable competitive advantage in the dynamic environment, it is necessary for Chinese high-tech enterprises to focus on their technology habitual domains in formulating ambidextrous innovation strategy. This study integrates technology habitual domain, exploratory innovation and exploitative innovation within a framework and explores the influence mechanism among them. Based on an in-depth case study on KTE, representing a high-tech enterprise in China, we have several findings. Firstly, we depict the evolution mechanism of technology habitual domain; secondly, we find that the high-tech enterprise’s technology habitual domain will cultivate and develop the firms’ dynamic capabilities; and thirdly, the expansion of technology habitual domain will promote exploitative innovation, while the transformation of technology habitual domain will promote exploratory innovation. These findings can be useful guidance for high-tech enterprises in China who are aiming to achieve ambidextrous innovation to better adapt to the turbulent environment, and thus achieving sustainability.

scholarly journals Competition in Knowledge Ecosystems: A Theory Elaboration Approach Using a Case Study

2020 ◽  
Vol 12 (18) ◽  
pp. 7372
Author(s):  
Jeandri Robertson
Keyword(s):  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Frame Of Reference ◽  
Sustainable Competitive Advantage ◽  
Marketing Capabilities ◽  
Resource Advantage Theory ◽  
Ecosystem Level ◽  
Strategic Thought ◽  
Knowledge Exploration

This paper explores how competition works in knowledge ecosystems, using a theory elaboration approach. With little research conducted in this area to date, three strategic streams of thought—resource-advantage theory, dynamic capabilities framework, and adaptive marketing capabilities perspective—are compared as a departing point and a frame of reference regarding the dynamics of competition. The streams of strategic thought all converge around the notion that organizations must constantly renew themselves to adapt and align to a fast-changing marketplace. The characteristics of knowledge ecosystems are conceptualized, whereafter an in-depth case study is presented to empirically assess competition in knowledge ecosystems, focusing on the perspective of a keystone actor. At the ecosystem-level, knowledge ecosystems primarily expose and explore knowledge, indicating that they mostly operate in a pre-competitive state. The time needed and the limited control inherent to knowledge exploration translate into the keystone actor focusing on transient rather than sustainable competitive advantage. Knowledge ecosystems further prove to be central in the coevolution and the growth of other ecosystems through connecting and sharing of the explored knowledge base with other ecosystem actors who, in turn, exploit this knowledge common for commercial purposes and innovation.

scholarly journals Tourism practices and experience value creation: The case of a themed attraction restaurant

2020 ◽  
Vol 20 (3) ◽  
pp. 271-297 ◽  
Author(s):  
Flemming Sørensen ◽  
Lars Fuglsang ◽  
Jon Sundbo ◽  
Jens Friis Jensen
Keyword(s):  
Value Creation ◽  
Practice Theory ◽  
Theory Approach

This article uses practice theory to analyse experience value creation in an innovative tourism setting characterised by high interdependence between tourism actors. The theory is applied in a case- and action-oriented study of a themed restaurant in a medieval re-enactment centre. It exemplifies how integration of a restaurant into a specific attraction theme provides opportunities for experience value co-creation through tourism practices. It also illustrates how integration can cause co-destruction of experience value. The action-oriented part of the study included a workshop, interviews and other communication with relevant actors. It aimed to sustain a change of practices, providing solutions to issues of value-co-destruction found in the case study. The article theorises and illustrates the complexity of experience value creation in complex tourist settings and suggests how a practice theory approach to innovation may lead to value creation in tourism and be a powerful tool for tourism managers.

Exploring the Role of IS in Dynamic Capabilities

2010 ◽  
Vol 1 (2) ◽  
pp. 19-37 ◽  
Author(s):  
Stephen Duhan ◽  
Margi Levy ◽  
Philip Powell
Keyword(s):  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Recent Literature ◽  
Dynamic Capability ◽  
Sustainable Competitive Advantage ◽  
Capability Development ◽  
Over Time ◽  
Systemic View

Resource-based theory suggests that firms develop idiosyncratic capabilities that contribute to sustainable competitive advantage when they are valuable, rare, inimitable and non-substitutable. The successful use of information systems (IS) and information technology (IT) has been linked to improved firm performance. Recent literature suggests that a deeper understanding of what capability means in practice may be gained from a disaggregation into component competences and resources. A better understanding of the role of IS/IT in business level capability may be achieved through a fuller articulation, both of the capability itself, and the contribution of IS/IT, together with an evaluation of the effectiveness in delivering sustainable competitive advantage. A dynamic capabilities perspective explains the way firms adapt capabilities to changing market environments over time. This paper explores these propositions through an exploratory case study using a framework derived from a resource-based and systemic view of the firm. The analysis suggests a dynamic Capability Development Model through which the implications and potential for IS and IT over time may be understood. The paper addresses three issues. First, it offers a better articulation of what capability concepts mean in practice. Second, it takes a disaggregated understanding of capabilities, and third, it sheds light on the dynamics of capabilities.

scholarly journals Success Factors of SMEs: Empirical Study Guided by Dynamic Capabilities and Resources-Based View

2021 ◽  
Vol 13 (21) ◽  
pp. 12301
Author(s):  
Margarida Rodrigues ◽  
Mário Franco ◽  
Rui Silva ◽  
Cidália Oliveira
Keyword(s):  
Dynamic Capabilities ◽  
Success Factors ◽  
Future Research ◽  
Case Study Method ◽  
Future Research Agenda ◽  
Professional Management ◽  
Entrepreneurial Management ◽  
Management Capacity ◽  
Multiple Case

This study aims to identify and analyse the success factors of small and medium-sized enterprises (SMEs) following the lines of dynamic capabilities and resources-based views. To achieve this objective, the multiple case study method was followed, where 10 SMEs/cases in Portugal were selected. From a content analysis of the interviews conducted to the owner-managers of these SMEs, the most important success factors identified were: (1) strategic planning, (2) manager/management capacity, (3) entrepreneurship and innovation, (4) human resources, (5) networks/partnerships, and (6) financing. These factors are considered as drivers of sustained growth and creation of competitive advantage for SMEs in their regions. The results also show that SMEs are oriented towards success, although some evolution is still needed in the way they are managed, where the transition from a “domestic/entrepreneurial” management to a “professional” management and a greater focus on the rarity of their resources and on the dynamic capabilities of their human capital stand out. Conclusions, implications and a future research agenda are also outlined.

scholarly journals role of media and public relations departments in effective tourism marketing in sharjah

2021 ◽  
Vol 5 (S3) ◽  
pp. 133-143
Author(s):  
Wafa Khalfan Obaid Alghoul Alsalami ◽  
Qamar Al-Zaman
Keyword(s):  
Public Relations ◽  
Tourism Industry ◽  
Case Study Method ◽  
The Public ◽  
Tourism Marketing

The purpose of this paper is demonstrating the value of the public relations and media role in the industry of tourism and to justify its position. The research is survey depending and adopting a Sharjah case-study method by quantities approaches. It shows the growth of media activities and public relations within the tourism industry.

A Lesson Learned: How SMEs Build Dynamic Capability during Covid-19 Pandemic

2021 ◽  
Vol 1 (3) ◽  
pp. 47-55
Author(s):  
Dwi Hari Laksana ◽  
Heru Tri Sutiono ◽  
Titik Kusmantini ◽  
Aris Kusumo Diantoro
Keyword(s):  
Dynamic Capabilities ◽  
Dynamic Capability ◽  
Case Study Method ◽  
Market Segments ◽  
Business Sustainability ◽  
Critical Elements ◽  
New Business ◽  
Craft Industry ◽  
Industrial Center

The COVID-19 pandemic has had a significant impact on SME business sustainability. Some SMEs are no longer operating because the pandemic has triggered a number of business risks for them. In order to survive, SMEs are required to develop elements of dynamic capabilities for their own businesses. This research aims to explore in-depth how SMEs build the microelements of their dynamic capabilities during the COVID-19 pandemic. The authors used the case study method as research design by selecting 4 SMEs that represent the industrial center village in Wedi and Bayat Districts, Klaten Regency. In order to analyze, the authors in this research used the triangulation technique, and data collection is done by making visits to companies, observations, and interviews with a number of key informants who understand the development of the craft industry in Klaten Regency. This research focused on identifying critical elements that proved to be effective to support their business through the pandemic by implementing the abilities of sensing, seizing, and transforming. Sensing ability is the ability to target new market segments and new business opportunities. Seizing ability is the ability to produce new products that customers really need. Meanwhile, the ability to transforming is the most powerful capability carried out so far by SMEs by managing more agile businesses with innovative marketing practices.

scholarly journals Emergence of mobilization challenger in the field: An anti-redevelopment movement of Rumah Susun Klender in East Jakarta

Simulacra ◽  
2021 ◽  
Vol 4 (1) ◽  
pp. 29-42
Author(s):  
Galang Anugrah
Keyword(s):  
Field Theory ◽  
Theory Approach ◽  
Case Study Method ◽  
Internal Dynamics

This article aims to analyze the emergence of challengers of mobilization in the case of a movement against the redevelopment plan of Rumah Susun Klender in East Jakarta using a field theory approach. Mobilization issues around housing in Indonesia are not new, but it is still dominated by evictions issues. Therefore, the Rumah Susun Klender case can be considered unique. Using the case study method, data were obtained through several observation techniques, such as document study and indepth interviews with 10 informants. The results of the analysis reveal that the transformation of people resistance into the emergence of Paguyuban Tandingan (rival organization) as challenger of mobilization is not merely caused by redevelopment plans. Indeed, it was generated by an initial contention (internal dynamics) that occurred between the residents and the Association of Apartment Owners and Occupants (P3SRS). The residents who are anti-redevelopment was consolidated by, and joined with, the rival organization to take over P3SRS’ authority as a governance unit to achieve one goal: cancelling the redevelopment plan.

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