CIO Competencies - Identifying Mission-Critical Resources

3 important questions on CIO Competencies - Identifying Mission-Critical Resources

What is the difference between Asset and Capability

Asset is a tangible or intangible thing a firm uses in its processes for creating, producing or offering its products to a market for example employee, raw materials, computers and software application.

Capability: repeatable patterns of actions in the use of assets to create, produce or offer products to a market. For example order fulfilment and checkout

Wich three resources create short-term competitive advantages?

Valuable
Rare
Appropriable

Which three resources can become sustainable competitive advantages?

Inimitable
Non-substitutable
Non-mobile

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