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Analyzing the Firm 2 Resources and Capabilities
published: 26 Mar 2019
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Summary of Barney (1991): "Firm Resources and Sustained Competitive Advantage"
Full text: https://sciencetheory.net/review-firm-resources-and-sustained-competitive-advantage-barney-1991/
Review and Summary of main contents of the famous article of Barney (1991) "Firm Resources and Sustained Competitive Advantage". This article contributes as foundation of the resource-based view, by examining the link between firm resources and sustained competitive advantage of the firm. Four empirical indicators of the potential of firm resources to generate sustainable competitive advantage, including value, rareness, imitability, and substitutability, are discussed by the author. Since, this VRIN or VRIO framework have been popularly applied by analyzing the potential of several firm resources for generating sustainable competitive advantages.
published: 05 Jul 2019
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Resource-Based View of the Firm
What is the Resource-Based View of the Firm?
https://thebusinessprofessor.com/en_US/business-management-amp-operations-strategy-entrepreneurship-amp-innovation/resource-based-view-strategy-explained
published: 19 Oct 2023
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Resource Based View | SCMT 4653
SCMT 4653: Supply Chain Strategy & Change Management is the capstone course for the Walton College Supply Chain Management curriculum. This class leverages plan, source, make, deliver, customer service, and new product development capabilities to meet strategic and financial goals in demand-driven value networks.
Lesson 1: What is Strategy?
Lesson 2: Porter’s Five Forces
Lesson 3: Resource Based View
Lesson 4: Assessing Strategic Fit
Lesson 5: Efficient Supply Chain Strategies
Lesson 6: Responsive Supply Chain Strategies
Lesson 7: Risk Hedging Strategies
Lesson 8: Agile Supply Chain Strategies
Lesson 9: Information Exchange Capabilities
Lesson 10: Demand Management Capabilities
Lesson 11: Postponement Capabilities
Lesson 12: Supplier Development Capabilities
Lesson 13: Risk Management Cap...
published: 05 Apr 2020
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Resource Based View (RBV): The Ultimate Summary
Check out Collis & Montgomery's HBR take on the Resource Based View. You'll see some of their examples, my examples, and--spoiler alert--even some examples adapted from Michael Porter.
The RBV is my favorite strategic framework, and I think it's one of the most accurate--though only when used by someone knowledgable and attuned to accurate firm data. We'll cover all 5 tests as well as 2 examples of investing in key resources.
Relevant Resources for you:
1. The main article I draw from is Collis & Montgomery's original resource article from Harvard Business Press: https://hbsp.harvard.edu/product/R0807N-PDF-ENG?Ntt=collis+montgomery&itemFindingMethod=Search
2. If you're looking for other resources, be sure to check out Jay Barney's VRIO and VRIN model. These models are very similar to Co...
published: 09 Oct 2019
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7.3 The role of resources and capabilities
published: 25 Feb 2019
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Leading Strategy Paper Series: Barney 1991 "Firm Resources and Sustained Competitive Advantage"
Dr David Webb discusses the seminal paper on Firm Resources and Competitive Advantage.
Barney, J. (1991) ‘Firm Resources and Sustained Competitive Advantage’, Journal of Management, 17(1), pp. 99–120. doi: 10.1177/014920639101700108.
“If you would like to understand more about the RBV theory and its application then please have a look at two short ‘lecture chunk’ videos the David has created. The first giving an over view of the key elements of the theory and the second one on how to identify core competencies:
4.1. RBV - Key Elements - https://www.youtube.com/watch?v=JPykQIdy-Rc
4.2. RBV - Identifying Core Competencies - https://www.youtube.com/watch?v=9J2JCA1PKA0 "
published: 25 Nov 2018
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VRIO Framework EXPLAINED | B2U | Business To You
In this episode of Business To You, Lars talks about the internal organization for a change, or more specifically: Firm Resources. The VRIO Framework helps evaluating a firm's resources and capabilities on the basis of the four qualities: Valuable, Rare, Inimitable and Organization. Resources that meet these four requirements can help companies gain a true sustained competitive advantage.
More information:
https://www.business-to-you.com/vrio-from-firm-resources-to-competitive-advantage/
Was the content helpful? Feel free to support the B2U channel with a donation of your choice: https://www.paypal.com/donate/?hosted_button_id=CL6Q9F88LHYJC Many thanks!
You might also like our video on the Value Chain Analysis:
https://youtu.be/SI5lYaZaUlg
You might also like our video on Porter's Five...
published: 26 Jul 2020
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Research Talks - Vinanz PLC #btc, Cadence Minerals #kdnc & East Star Resources #est
Recorded 1/3/2024
01:30 - Vinanz #btc
11:00 - Cadence #kdnc
22:45 - East Star Resources #est
published: 03 Mar 2024
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Resource Based View of the Firm
Recorded by DU Recorder – Screen recorder for Android
published: 03 Apr 2018
19:42
Summary of Barney (1991): "Firm Resources and Sustained Competitive Advantage"
Full text: https://sciencetheory.net/review-firm-resources-and-sustained-competitive-advantage-barney-1991/
Review and Summary of main contents of the famous ar...
Full text: https://sciencetheory.net/review-firm-resources-and-sustained-competitive-advantage-barney-1991/
Review and Summary of main contents of the famous article of Barney (1991) "Firm Resources and Sustained Competitive Advantage". This article contributes as foundation of the resource-based view, by examining the link between firm resources and sustained competitive advantage of the firm. Four empirical indicators of the potential of firm resources to generate sustainable competitive advantage, including value, rareness, imitability, and substitutability, are discussed by the author. Since, this VRIN or VRIO framework have been popularly applied by analyzing the potential of several firm resources for generating sustainable competitive advantages.
https://wn.com/Summary_Of_Barney_(1991)_Firm_Resources_And_Sustained_Competitive_Advantage
Full text: https://sciencetheory.net/review-firm-resources-and-sustained-competitive-advantage-barney-1991/
Review and Summary of main contents of the famous article of Barney (1991) "Firm Resources and Sustained Competitive Advantage". This article contributes as foundation of the resource-based view, by examining the link between firm resources and sustained competitive advantage of the firm. Four empirical indicators of the potential of firm resources to generate sustainable competitive advantage, including value, rareness, imitability, and substitutability, are discussed by the author. Since, this VRIN or VRIO framework have been popularly applied by analyzing the potential of several firm resources for generating sustainable competitive advantages.
- published: 05 Jul 2019
- views: 19098
2:10
Resource-Based View of the Firm
What is the Resource-Based View of the Firm?
https://thebusinessprofessor.com/en_US/business-management-amp-operations-strategy-entrepreneurship-amp-innovation...
What is the Resource-Based View of the Firm?
https://thebusinessprofessor.com/en_US/business-management-amp-operations-strategy-entrepreneurship-amp-innovation/resource-based-view-strategy-explained
https://wn.com/Resource_Based_View_Of_The_Firm
What is the Resource-Based View of the Firm?
https://thebusinessprofessor.com/en_US/business-management-amp-operations-strategy-entrepreneurship-amp-innovation/resource-based-view-strategy-explained
- published: 19 Oct 2023
- views: 380
9:08
Resource Based View | SCMT 4653
SCMT 4653: Supply Chain Strategy & Change Management is the capstone course for the Walton College Supply Chain Management curriculum. This class leverages plan...
SCMT 4653: Supply Chain Strategy & Change Management is the capstone course for the Walton College Supply Chain Management curriculum. This class leverages plan, source, make, deliver, customer service, and new product development capabilities to meet strategic and financial goals in demand-driven value networks.
Lesson 1: What is Strategy?
Lesson 2: Porter’s Five Forces
Lesson 3: Resource Based View
Lesson 4: Assessing Strategic Fit
Lesson 5: Efficient Supply Chain Strategies
Lesson 6: Responsive Supply Chain Strategies
Lesson 7: Risk Hedging Strategies
Lesson 8: Agile Supply Chain Strategies
Lesson 9: Information Exchange Capabilities
Lesson 10: Demand Management Capabilities
Lesson 11: Postponement Capabilities
Lesson 12: Supplier Development Capabilities
Lesson 13: Risk Management Capabilities
Lesson 14: Effects of Radical Innovation on Supply Chain Strategy
Lesson 15: Hybrid Supply Chain Strategies
Lesson 16: End Game - Desired Outcomes of Supply Chain Strategy
Find more information about the Walton College Supply Chain Management Department at http://walton.uark.edu/departments/supplychain/
Find more information about the online Walton College Supply Chain Management degree at http://online.uark.edu/programs/bachelor-science-business-administration-supply-chain-management.php
https://wn.com/Resource_Based_View_|_Scmt_4653
SCMT 4653: Supply Chain Strategy & Change Management is the capstone course for the Walton College Supply Chain Management curriculum. This class leverages plan, source, make, deliver, customer service, and new product development capabilities to meet strategic and financial goals in demand-driven value networks.
Lesson 1: What is Strategy?
Lesson 2: Porter’s Five Forces
Lesson 3: Resource Based View
Lesson 4: Assessing Strategic Fit
Lesson 5: Efficient Supply Chain Strategies
Lesson 6: Responsive Supply Chain Strategies
Lesson 7: Risk Hedging Strategies
Lesson 8: Agile Supply Chain Strategies
Lesson 9: Information Exchange Capabilities
Lesson 10: Demand Management Capabilities
Lesson 11: Postponement Capabilities
Lesson 12: Supplier Development Capabilities
Lesson 13: Risk Management Capabilities
Lesson 14: Effects of Radical Innovation on Supply Chain Strategy
Lesson 15: Hybrid Supply Chain Strategies
Lesson 16: End Game - Desired Outcomes of Supply Chain Strategy
Find more information about the Walton College Supply Chain Management Department at http://walton.uark.edu/departments/supplychain/
Find more information about the online Walton College Supply Chain Management degree at http://online.uark.edu/programs/bachelor-science-business-administration-supply-chain-management.php
- published: 05 Apr 2020
- views: 35383
8:38
Resource Based View (RBV): The Ultimate Summary
Check out Collis & Montgomery's HBR take on the Resource Based View. You'll see some of their examples, my examples, and--spoiler alert--even some examples adap...
Check out Collis & Montgomery's HBR take on the Resource Based View. You'll see some of their examples, my examples, and--spoiler alert--even some examples adapted from Michael Porter.
The RBV is my favorite strategic framework, and I think it's one of the most accurate--though only when used by someone knowledgable and attuned to accurate firm data. We'll cover all 5 tests as well as 2 examples of investing in key resources.
Relevant Resources for you:
1. The main article I draw from is Collis & Montgomery's original resource article from Harvard Business Press: https://hbsp.harvard.edu/product/R0807N-PDF-ENG?Ntt=collis+montgomery&itemFindingMethod=Search
2. If you're looking for other resources, be sure to check out Jay Barney's VRIO and VRIN model. These models are very similar to Collis & Montgomery's, but they are different in some ways. If you're in business school and your professor assigned VRIO or VRIN, be sure to check out a summary video (I don't have one yet) on those models as well!
3. IMHO, the best RBV case study is David Collis' "Disney: The Entertainment King" https://hbsp.harvard.edu/product/701035-PDF-ENG?Ntt=disney&itemFindingMethod=Search
https://wn.com/Resource_Based_View_(Rbv)_The_Ultimate_Summary
Check out Collis & Montgomery's HBR take on the Resource Based View. You'll see some of their examples, my examples, and--spoiler alert--even some examples adapted from Michael Porter.
The RBV is my favorite strategic framework, and I think it's one of the most accurate--though only when used by someone knowledgable and attuned to accurate firm data. We'll cover all 5 tests as well as 2 examples of investing in key resources.
Relevant Resources for you:
1. The main article I draw from is Collis & Montgomery's original resource article from Harvard Business Press: https://hbsp.harvard.edu/product/R0807N-PDF-ENG?Ntt=collis+montgomery&itemFindingMethod=Search
2. If you're looking for other resources, be sure to check out Jay Barney's VRIO and VRIN model. These models are very similar to Collis & Montgomery's, but they are different in some ways. If you're in business school and your professor assigned VRIO or VRIN, be sure to check out a summary video (I don't have one yet) on those models as well!
3. IMHO, the best RBV case study is David Collis' "Disney: The Entertainment King" https://hbsp.harvard.edu/product/701035-PDF-ENG?Ntt=disney&itemFindingMethod=Search
- published: 09 Oct 2019
- views: 52116
13:03
Leading Strategy Paper Series: Barney 1991 "Firm Resources and Sustained Competitive Advantage"
Dr David Webb discusses the seminal paper on Firm Resources and Competitive Advantage.
Barney, J. (1991) ‘Firm Resources and Sustained Competitive Advantage’, ...
Dr David Webb discusses the seminal paper on Firm Resources and Competitive Advantage.
Barney, J. (1991) ‘Firm Resources and Sustained Competitive Advantage’, Journal of Management, 17(1), pp. 99–120. doi: 10.1177/014920639101700108.
“If you would like to understand more about the RBV theory and its application then please have a look at two short ‘lecture chunk’ videos the David has created. The first giving an over view of the key elements of the theory and the second one on how to identify core competencies:
4.1. RBV - Key Elements - https://www.youtube.com/watch?v=JPykQIdy-Rc
4.2. RBV - Identifying Core Competencies - https://www.youtube.com/watch?v=9J2JCA1PKA0 "
https://wn.com/Leading_Strategy_Paper_Series_Barney_1991_Firm_Resources_And_Sustained_Competitive_Advantage
Dr David Webb discusses the seminal paper on Firm Resources and Competitive Advantage.
Barney, J. (1991) ‘Firm Resources and Sustained Competitive Advantage’, Journal of Management, 17(1), pp. 99–120. doi: 10.1177/014920639101700108.
“If you would like to understand more about the RBV theory and its application then please have a look at two short ‘lecture chunk’ videos the David has created. The first giving an over view of the key elements of the theory and the second one on how to identify core competencies:
4.1. RBV - Key Elements - https://www.youtube.com/watch?v=JPykQIdy-Rc
4.2. RBV - Identifying Core Competencies - https://www.youtube.com/watch?v=9J2JCA1PKA0 "
- published: 25 Nov 2018
- views: 8693
14:05
VRIO Framework EXPLAINED | B2U | Business To You
In this episode of Business To You, Lars talks about the internal organization for a change, or more specifically: Firm Resources. The VRIO Framework helps eval...
In this episode of Business To You, Lars talks about the internal organization for a change, or more specifically: Firm Resources. The VRIO Framework helps evaluating a firm's resources and capabilities on the basis of the four qualities: Valuable, Rare, Inimitable and Organization. Resources that meet these four requirements can help companies gain a true sustained competitive advantage.
More information:
https://www.business-to-you.com/vrio-from-firm-resources-to-competitive-advantage/
Was the content helpful? Feel free to support the B2U channel with a donation of your choice: https://www.paypal.com/donate/?hosted_button_id=CL6Q9F88LHYJC Many thanks!
You might also like our video on the Value Chain Analysis:
https://youtu.be/SI5lYaZaUlg
You might also like our video on Porter's Five Forces:
https://youtu.be/Dfp23xSqpdk
You might also like our video on the BCG Matrix:
https://youtu.be/gNR49lk5dS0
You might also like our video on PESTEL Analysis:
https://youtu.be/bYn4CyL3r5w
Net Present Value Calculator Tool:
https://www.calculatestuff.com/financial/npv-calculator
Lars de Bruin (http://linkedin.com/in/larsdebruin) graduated as Master of Science (MSc.) in Strategic Management from the Rotterdam School of Management, Erasmus University. In addition he has studied business around the world at universities such as UC Berkeley, Harvard, Universitat Pompeu Fabra, London School of Economics, Radboud University and the Chinese University of Hong Kong. Lars has a special interest in strategic M&A and is a licensed Business Valuator in the Netherlands.
Please feel free to subscribe to B2U if you don't want to miss out on any of our future videos on Business, Strategy and Management.
https://wn.com/Vrio_Framework_Explained_|_B2U_|_Business_To_You
In this episode of Business To You, Lars talks about the internal organization for a change, or more specifically: Firm Resources. The VRIO Framework helps evaluating a firm's resources and capabilities on the basis of the four qualities: Valuable, Rare, Inimitable and Organization. Resources that meet these four requirements can help companies gain a true sustained competitive advantage.
More information:
https://www.business-to-you.com/vrio-from-firm-resources-to-competitive-advantage/
Was the content helpful? Feel free to support the B2U channel with a donation of your choice: https://www.paypal.com/donate/?hosted_button_id=CL6Q9F88LHYJC Many thanks!
You might also like our video on the Value Chain Analysis:
https://youtu.be/SI5lYaZaUlg
You might also like our video on Porter's Five Forces:
https://youtu.be/Dfp23xSqpdk
You might also like our video on the BCG Matrix:
https://youtu.be/gNR49lk5dS0
You might also like our video on PESTEL Analysis:
https://youtu.be/bYn4CyL3r5w
Net Present Value Calculator Tool:
https://www.calculatestuff.com/financial/npv-calculator
Lars de Bruin (http://linkedin.com/in/larsdebruin) graduated as Master of Science (MSc.) in Strategic Management from the Rotterdam School of Management, Erasmus University. In addition he has studied business around the world at universities such as UC Berkeley, Harvard, Universitat Pompeu Fabra, London School of Economics, Radboud University and the Chinese University of Hong Kong. Lars has a special interest in strategic M&A and is a licensed Business Valuator in the Netherlands.
Please feel free to subscribe to B2U if you don't want to miss out on any of our future videos on Business, Strategy and Management.
- published: 26 Jul 2020
- views: 184650
33:34
Research Talks - Vinanz PLC #btc, Cadence Minerals #kdnc & East Star Resources #est
Recorded 1/3/2024
01:30 - Vinanz #btc
11:00 - Cadence #kdnc
22:45 - East Star Resources #est
Recorded 1/3/2024
01:30 - Vinanz #btc
11:00 - Cadence #kdnc
22:45 - East Star Resources #est
https://wn.com/Research_Talks_Vinanz_Plc_Btc,_Cadence_Minerals_Kdnc_East_Star_Resources_Est
Recorded 1/3/2024
01:30 - Vinanz #btc
11:00 - Cadence #kdnc
22:45 - East Star Resources #est
- published: 03 Mar 2024
- views: 133
10:30
Resource Based View of the Firm
Recorded by DU Recorder – Screen recorder for Android
Recorded by DU Recorder – Screen recorder for Android
https://wn.com/Resource_Based_View_Of_The_Firm
Recorded by DU Recorder – Screen recorder for Android
- published: 03 Apr 2018
- views: 3350