Background –the Resource Bad View of万圣节是什么节
the firm (ii)
•Penro (1960) –concerned with understanding the constraints on the rate of growth of firms.
–In the abnce of capital constraints, the fundamental
constraint is managerial capacity to mobilize the resources available to the firm productively.
•Building on this work Chandler (1990) argued that the firm is a collection of organisational capabilities (the physical facilities and human resources required to supply goods and rvices).
Setting the scene
•A formal organisation is a ‘planned coordination of activities of a number of people for the achievement of some common explicit purpo or goal, through division of labour and function, and through a hierarchy of authority and responsibility’ (E. Schein)•We take for granted that business firms and other formal organisations know how to do things.
刀锷•But what are the principles that govern how this ‘knowledge’ is acquired, maintained, extended and deployed?
Capability
•“To be capable of something is to have a generally reliable capacity to bring that thing about as a result of intended action. Capabilities fill the gap between intention and outcome, and they fill it in such a way that the outcome bears a definite remblance to what was intended”.
Dosi et al. (2000) The Nature and Dynamics of Organizational Capabilities. Oxford University Press
航天手抄报内容individual
determined
风格用英语怎么说绕城高速learned by lective pressures.
新生发言稿For the project‐bad organisation
•Project capabilities羽绒服脏了怎么洗
–‘the specific knowledge and experience required to engage with internal and external customers, develop bids and
implement and execute projects’
–‘the appropriate knowledge, experience and skills
necessary to perform pre‐bid, bid, project and post‐project activities’.(Brady and Davies 2004)
Exerci 1
•What does your company do?
•What is the organisation suppod to know how to do?
•How does the company do what it does?
•What enables the company to do what it does, i.e. what are the key (broad) capabilities?
–The underpinning competencies, skills, routines and
resources…写毛笔字的好处
A slightly different angle ‐Make or Buy?•Firms make decisions on what to make internally and
what to buy from the outside.
•Make or Buy decision
–The volume
–The fixed cost of making
–Per‐unit direct cost when making
–Per‐unit cost when buying
To think about
•Can we make a ‘make or buy’ argument around Danish Electronics?
