RBV- Dynamic Capability

Question 1

dynamic capability

Answer 1

a consistent ability to intergrate competencies to address rapidly changing environments

Question 2

3 consistently deployed routines

Answer 2

• Learning
• Managing
• reconfiguring

Question 3

Learning

Answer 3

• consistent routines to absorb knowledge
• enable codification learning
• maximise individual exposure to learning

Question 4

Managing

Answer 4

• aim to invest in competencies to breakdown silos and proprieties innovation
• routines such as organisation structure; exploiting market capabilities; encouraging aligned behaviours

Question 5

Reconfiguring

Answer 5

• management choices constrained
• required routines: unlearning; introduce a mix of step and incremental change; managers need to see the need to change

Question 6

Dynamic capabilities drawbacks

Answer 6

• anything can be a DC
• DC are a simple process so easily copied
• advantage based on resources so need RBV
• requires ever aspect of organisation to be aligned (Porter)