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In order to integrate the various contributions to the book, the text has been carefully edited to ensure a consistent, carefully defined, and straightforward vocabulary. It will therefore appeal both to researchers and students for whom theoretical rigor is important, and to practising executives, managers and consultants who will welcome its clear applicability to their own experience.
Contributions to the book consider the competition between strategic issues. Is strategic management about reacting, anticipating or orchestrating all resources towards the realization of the desirable future of the company?
The emergence of the competence concept in management has meant new concepts for developing better approaches to strategic management in organisations. The authors outline this latest method of assessing assets and capabilities in companies
Focuses on a range of fundamental issues in developing competence-base theory and in undertaking competence-based research intended to contribute to management theory development. This work assesses the areas in which restatements or extensions of competence theory may be needed or would be useful.
Core Competency-Based Strategy gives an up-to-the-minute picture of what industry experts have said on the subject and how it relates to business practice. It will provide an accessible and broad-based introduction to core competence to newcomers with no previous knowledge of the subject. The reader consists of thirteen full-length articles by international experts in their fields, each one supported by an explanatory introduction.
Explores how organizational competence and dynamic capabilities can support the competitive position of a firm. This book describes strategic, organizational, and behavioral perspectives on processes of competence development.
Hunt convincingly demonstrates that competition is not about dividing up limited resources but about creating more resources and thus competition is pro-society. This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth. Consequently, executives and entrepreneuers, management consultants, public makers, and scholars and students in economics, law, political science, and business should read and study this book. —Robert F. Lusch, University of Oklahoma This book develops a new theory of competition. This theory – labeled "resource-advantage theory" – stems from no single research tradition, but draws on several different traditions in economics, management, marketing, and sociology. In this ground-breaking volume, Shelby Hunt articulates R-A theory, uses the theory to explain and predict economic phenomena, and shows how (and why) it explains and predicts such phenomena.