Strategic capability
13 important questions on Strategic capability
What is strategic capabilities?
What are threshold competences?
Why is the management of costs a threshold strategic capability?
- Competitive rivalry
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What are they key cost drivers to manage cost effectively?
- Economies of scale
- Supply costs
- Product/ process design
- Experience
- Growth is not optional
- Unit costs should decline year on year
- First-mover advantage
What criteria need to be fulfulled by core competences if inimitable strategic capibilities will achieve competitive advantage?
- The competences must lead to levels of performance that are significantly better than competitors
- The competences must be difficult for competitors to imitate
Why could core competences be difficult to imitate?
- External interconnectedness
In which forms does casual ambiguity exist?
- Linkage ambiguity
Which forms can substitution take?
- Competence substituition
What are the key issues in a value chain network?
- What are the profit pools?
- The 'make or buy' descision
- Parnering
What are the different approaches of benchmarking?
- Industry/sector benmarking
- Best-in-class benchmarking
What are the dangers of benchmarking?
- Surface comparisons
What does a SWOT do?
What are the main dangers of SWOT?
- Overgeneralisation
The question on the page originate from the summary of the following study material:
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