Resource Orchestration

2020 ◽  
pp. 212-229
Author(s):  
Emre Erbaş
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Exploration And Exploitation ◽  
Unit Of Analysis ◽  
Research Technique ◽  
Resource Orchestration ◽  
Strategy As Practice ◽  
Core Capabilities

This chapter investigates the role of diligence-based strategies for the better development of resource orchestration practices in restaurant enterprises. Considering restaurant operations as a unit of analysis, the researchers identify twelve diligence-based strategies behind the formation of the resource orchestration process of the case restaurants. The findings develop the literature on strategy as practice by building theory on how resource orchestration across a bundle of diligence-based strategies stimulates the synergies during the exploration and exploitation of business model. Managers can gain insights for determining the strategies from the research technique the researchers propose; the technique enables managers to be aware of how diligence-based strategies can create synergy during the resource orchestration. Therefore, restaurant enterprises that strive to develop strategic activities in their resource orchestration process are more likely to develop core capabilities and competitive advantage over their rivalry.

Dynamic capabilities, innovation and branding capabilities and their impact on competitive advantage and SME's performance in Portugal: the moderating effects of entrepreneurial orientation

2020 ◽  
Vol 12 (3) ◽  
pp. 255-286
Author(s):  
Jorge Ferreira ◽  
Arnaldo Coelho
Keyword(s):  
Competitive Advantage ◽  
Entrepreneurial Orientation ◽  
Dynamic Capabilities ◽  
Exploration And Exploitation ◽  
Content Type ◽  
Mediating Role ◽  
And Performance ◽  
Positive Direct ◽  
Moderating Role

Purpose The purpose of this paper is to understand the impact of dynamic capabilities (DC) (in the view of exploration and exploitation) on competitiveness and performance, considering the mediating role the innovation capability (IC) and branding capabilities (BC)on competitive advantage and firm’s performance and the moderating role of entrepreneurial orientation (EO). Design/methodology/approach This investigation proposes a theoretical model tested using structural equation modelling (SEM). Multi-group analysis was performed to understand the moderating role of. A questionnaire survey was developed to explore the relations between DC and innovation variable. For this study, 387 valid questionnaires were collected from a sample of Portugal SME’ firms. A 90-item questionnaire which consists to study the relationships among all the variables. Findings The results show that exists a positive direct and indirect influence of DC on competitive advantage and performance variables and mediating impact the IC and BC. Research limitations/implications This study has some methodological limitations affecting its potential contributions. As a cross-sectional study that captures one image in time, its ability to identify strict causality between variables is limited. Furthermore, the results are based on log collected from a key respondent, rather than broader actual data. The results are restricted to one country, Portugal. Some variables, such as ICs, may play a different role in other countries. Future research should initially target different countries. Such research could then test the generalizability of the results. Practical implications This study has important implications for the managers. It highlights the necessity of firms to develop superior strategic orientation of all their members and to invest in better resources and consequently superior capabilities as a way of achieving high levels of firm performance. Another implication from the study is that the firms should develop their marketing programs by focusing on developing innovativeness. Originality/value This study contributes to the understanding of the indirect and direct impact of exploration and exploitation variables, and the mediating role of ICs and BC on the competitive advantage and performance and the moderating effect of EO.

scholarly journals The Competitive Advantage of Nations: origins and journey

2015 ◽  
Vol 25 (5) ◽  
pp. 458-470 ◽  
Author(s):  
Robert Huggins ◽  
Hiro Izushi
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Design Methodology ◽  
Cluster Theory ◽  
Unit Of Analysis ◽  
Content Type

Purpose – The purpose of this paper is to provide an understanding of the origins and journey of the fundamental ideas underpinning Michael Porter’s The Competitive Advantage of Nations as a means of assessing its influence. Design/methodology/approach – Drawing on a reflection of the book’s text and associated works by Porter, the paper shows how Porter’s thinking evolved from his earlier writings, as well as how his ideas went through further periods of development following the publication of The Competitive Advantage of Nations. Findings – The paper focuses on the emergence of Porter’s cluster theory and his growing acknowledgement of the role of innovation within processes of economic development. It shows how these concepts have provided a foundation for contemporary economic development practices. Also, the paper highlights how the fundamental concepts of Porter’s text have shifted from a unit of analysis focused on nations to one where subnational regions are the primary analytical unit. Originality/value – The paper concludes by suggesting that the nature of Porter’s conceptual insights is likely to ensure the long-term endurance of the fundamental lessons contained within The Competitive Advantage of Nations.

Drucker and Porter on Management and Analysis

2022 ◽  
pp. 78-98
Keyword(s):  
Supply Chain ◽  
Competitive Advantage ◽  
Business Model ◽  
Information Sources ◽  
Industry Analysis ◽  
Resource Based View ◽  
Business Analysis ◽  
The Relationship

The work of Drucker is reviewed with particular regard to comments about the role of management and the approach Drucker suggests concerning determining the focus of the business. These statements are evaluated for their relationship to the business model and its importance in business analysis. The work of Porter is reviewed concerning competitive advantage and the suggestions regarding business analysis and the detailed information sources. The concept of analysing the linkages between resources across the organization and the supply chain is reviewed. The relationship between the resource-based view of competitive advantage and the connection to the VRIO framework is considered. The suggestions Porter makes concerning the industry analysis and within industry analysis are reviewed. The possibility of using the same approach and developing similar related questions to analyse the organization is considered.

Business Innovation

2014 ◽  
pp. 209-240
Author(s):  
Don Scott-Kemmis
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Business Models ◽  
Business Model Innovation ◽  
Business Success ◽  
Business Innovation ◽  
Operating Environments ◽  
Survival And Growth ◽  
Novel Products

This chapter presents the case for a wider understanding of innovation beyond technology and beyond novel products and processes. It examines the dynamics of Business Model Innovation, which refers to fundamental changes to the total formula for business success. New approaches to value creation and appropriation through business model innovation are particularly vital in times of turbulence and realignment faced by firms in high cost operating environments. Business model innovation can create new and sustainable sources of competitive advantage for firms, securing their survival and growth. The chapter discusses the evidence for the role of business model innovation in the growth of leading firms and in the restructuring of markets. It provides an overview of the frameworks for characterising and analysing business models. The options for different types of business models likely to be successful in high cost environments are described.

BUSINESS MODEL INNOVATION AND SMEs PERFORMANCE — DOES COMPETITIVE ADVANTAGE MEDIATE?

2018 ◽  
Vol 22 (07) ◽  
pp. 1850057 ◽  
Author(s):  
MUHAMMAD ANWAR
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Structural Equation ◽  
Positive Impact ◽  
Emerging Market ◽  
Empirical Studies ◽  
Business Model Innovation ◽  
Superior Performance ◽  
Mediating Role

In the era of globalisation and dynamic market, firms look for competitive advantage and survival using different sources and resources. Prior studies have indicated that Business Model Innovation (BMI) is a core driver for firm’s survival and superior performance especially in growing industries. However, the role of BMI has been discussed theoretically and exploratory while empirical studies are still lacking. Hence, this study examines the importance of BMI in SME performance and the mediating role of competitive advantage. Data were collected through structured questionnaires using a sample size of 303 manufacturing SMEs operating in the emerging market of Pakistan. Hypotheses were tested through Structural Equation Modelling (SEM) using AMOS.21. The results indicate that BMI has a significant positive impact on competitive advantage and SME performance. Competitive advantage partially mediates the relationship between BMI and SME performance. Firms are required to create an effective business model to acquire competitive advantage and superior financial performance. Implications for practice have been discussed.

scholarly journals Business Model as a Base for Building Firms’ Competitiveness

2020 ◽  
Vol 12 (21) ◽  
pp. 9278
Author(s):  
Tihana Koprivnjak ◽  
Sunčica Oberman Peterka
Keyword(s):  
Competitive Advantage ◽  
Business Model ◽  
Information And Communications Technology ◽  
Sustainable Competitive Advantage ◽  
Small Companies ◽  
Business Model Canvas ◽  
Ict Industry ◽  
Model Components ◽  
Analysis Point

Designing and creating a business model is crucial for a successful firm’s operation in today’s market in a complex and changing environment. A business model is the factor that differentiates one firm from another—it defines the distinctions of the firm, how the firm deals with the competition, the firms’ partnerships, and customer relations. This paper explores the role of the business model in the creation of sustainable competitive advantage. The empirical part of the paper presents the business model of three small companies from the Information and Communications Technology (ICT) industry in Croatia using the Business Model Canvas. Additionally, business model components were also analyzed using a framework for evaluating a business model. The results of the analysis point to a few crucial components of the business model, on which small ICT firms in Croatia build their competitive advantage by creating significant distinctions of those components. These distinctions are essential for their longevity and sustainability.

Business Model Literature Overview

2014 ◽  
pp. 79-130 ◽  
Author(s):  
Ales Novak
Keyword(s):  
Business Model ◽  
Financial Reporting ◽  
Business Models ◽  
Potential Role ◽  
Financial Instruments ◽  
Business Logic ◽  
Literature Overview ◽  
Ifrs 9 ◽  
Definition Of

The term ?business model' has recently attracted increased attention in the context of financial reporting and was formally introduced into the IFRS literature when IFRS 9 Financial Instruments was published in November 2009. However, IFRS 9 did not fully define the term ‘business model'. Furthermore, the literature on business models is quite diverse. It has been conducted in largely isolated fashion; therefore, no generally accepted definition of ?business model' has emerged. Therefore, a better understanding of the notion itself should be developed before further investigating its potential role within financial reporting. The aim of this paper is to highlight some of the perceived key themes and to identify other bases for grouping/organizing the literature based on business models. The contributions this paper makes to the literature are twofold: first, it complements previous review papers on business models; second, it contains a clear position on the distinction between the notions of the business model and strategy, which many authors identify as a key element in better explaining and communicating the notion of the business model. In this author's opinion, the term ‘strategy' is a dynamic and forward-looking notion, a sort of directional roadmap for future courses of action, whereas, ‘business model' is a more static notion, reflecting the conceptualisation of the company's underlying core business logic. The conclusion contains the author's thoughts on the role of the business model in financial reporting.

The role of human resources in processes of portuguese firms’ RD&I certification and development

2014 ◽  
Author(s):  
Sérgio Gomes ◽  
Vítor Braga ◽  
Alexandra Braga
Keyword(s):  
Human Resources ◽  
Competitive Advantage ◽  
Scientific Knowledge ◽  
Management Systems ◽  
Research Development ◽  
Innovation Activities

Innovation is seen as a competitive advantage that many companies use to ensure the continuity and success of your business.NP 4457:2007 is the Portuguese norm that supports management, based on a model of innovation backed up by interfaces and interaction between technical/scientific knowledge, its specific mechanisms and the overall society.Our paper aims to analyse innovation activities and the involvement of human resources in Portuguese firms certified by NP4457 and associated to the implementation of Research, Development, and Innovation (RD&I) management systems. We have collected the data through IPAC’s database, using a survey administered to all firms.Our results suggest the existence of a Human Resources (HR) involvement policy, customers and suppliers. The involvement of stakeholders with innovation activities results of its acceptance as a mechanism able to generate wealth, with benefits for both firms and the community.

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