Integrating Resources and Capabilities Sample Clauses

Integrating Resources and Capabilities. The resource-based view does not solely consider a firm's resources but also the ability to deploy, coordinate, and alter this resource base. While some scholars (e.g., Xxxxxx 1997; Xxxxxxx and Bergen 2003) consider these abilities also as resources, they are typically referred to as an organisation's capabilities. Firms need capabilities to alter their resource base in order to capitalise on existing opportunities in their industries (Zahra and Xxxxxx 2000). Capabilities are intangible and information-based processes (Xxxxxxxx and Xxxxx 1990; Amit and Xxxxxxxxxx 1993; Grant 1996a) that are firm-specific and evolve through complex interactions among the resources of a company (Conner and Prahalad 1996; Xxxxx and Zander 1996). They can abstractly be thought of as “intermediate goods generated by the firm to provide enhanced productivity of its resources, as well as strategic flexibility and protection for its final product or service” (Amit and Schoemaker 1993, p. 35). There are two specific differences between resources and capabilities. Contrary to resources, capabilities are firm-specific since they are embedded in the firm's organisation and its processes (Makadok 2001). Different from resources, capabilities are based on the development, transfer, and exchange of information through the human capital of an organisation. Xxxxxx and Xxxxxxx (2002) provide a simple but comprehensive differentiation between resources and capabilities when they propose that resources are everything a firm “has” and capabilities address the abilities of the firm, i.e. everything the organisation “can” do. Summing up, from a resource-based perspective, an organisation's competitive advantage is mainly contingent upon its unique resources and capabilities (Deeds, XxXxxxxxx, and Xxxxxx 1999; Xxxxxx, Xxxxxxxxx, and Xxxxx 2002). Firms often develop capabilities in their functional areas or by combining different types of resources at the corporate level. Their primary goal is the enhancement of productivity and effectiveness (Xxxx and Xxxxxxxxxx 1993). However, seeking for ultimate excellence can also have a negative impact on the firm’s performance. This is true in the case of capabilities as well. Therefore, a firm has to avoid the development of core rigidities. Core rigidities are the downside of core capabilities and can evolve under different circumstances. A typical example is a long period of success for a company and the corresponding loss of alertness for new market tre...
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Related to Integrating Resources and Capabilities

  • Capabilities A. The Parties agree that the DRE must possess the legal, technical, and financial capacity to:

  • Personnel Capabilities The Applicant should list down personnel of minimum qualification as specified in the Qualification Criteria

  • Operational Flexibility Each designated airline may, on any or all flights and at its option:

  • Switching System Hierarchy and Trunking Requirements For purposes of routing ECI traffic to Verizon, the subtending arrangements between Verizon Tandem Switches and Verizon End Office Switches shall be the same as the Tandem/End Office subtending arrangements Verizon maintains for the routing of its own or other carriers’ traffic (i.e., traffic will be routed to the appropriate Verizon Tandem subtended by the terminating End Office serving the Verizon Customer). For purposes of routing Verizon traffic to ECI, the subtending arrangements between ECI Tandem Switches and ECI End Office Switches shall be the same as the Tandem/End Office subtending arrangements that ECI maintains for the routing of its own or other carriers’ traffic.

  • Interface A defined set of transmission facilities that separate Load Zones and that separate the NYCA from adjacent Control Areas. Investor-Owned Transmission Owners. A Transmission Owner that is owned by private investors. At the present time these include: Central Xxxxxx Gas & Electric Corporation, Consolidated Edison Company of New York, Inc., New York State Electric & Gas Corporation, Niagara Mohawk Power Corporation, Orange and Rockland Utilities, Inc., and Rochester Gas and Electric Corporation.

  • Access Toll Connecting Trunk Group Architecture 9.2.1 If CBB chooses to subtend a Verizon access Tandem, CBB’s NPA/NXX must be assigned by CBB to subtend the same Verizon access Tandem that a Verizon NPA/NXX serving the same Rate Center Area subtends as identified in the LERG.

  • Infrastructure (a) The Borrower has and will maintain a sufficient infrastructure to conduct its business as presently conducted and as contemplated to be conducted following its execution of this Agreement.

  • Inputs 921 The following resources constitute a suitable, but neither exhaustive nor normative suite of the process inputs:

  • Required Coverages For Generation Resources Of 20 Megawatts Or Less Each Constructing Entity shall maintain the types of insurance as described in section 11.1 paragraphs (a) through (e) above in an amount sufficient to insure against all reasonably foreseeable direct liabilities given the size and nature of the generating equipment being interconnected, the interconnection itself, and the characteristics of the system to which the interconnection is made. Additional insurance may be required by the Interconnection Customer, as a function of owning and operating a Generating Facility. All insurance shall be procured from insurance companies rated “A-,” VII or better by AM Best and authorized to do business in a state or states in which the Interconnection Facilities are located. Failure to maintain required insurance shall be a Breach of the Interconnection Construction Service Agreement.

  • Testing Capabilities 7.2.2.10.2.1 LIS Acceptance Testing is provided where equipment is available, with the following test lines: seven-digit access to balance (100 type), milliwatt (102 type), nonsynchronous or synchronous, automatic transmission measuring (105 type), data transmission (107 type), loop-around, short circuit, open circuit, and non-inverting digital loop-back (108 type), and such other acceptance testing that may be needed to ensure that the service is operational and meets the applicable technical parameters.

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