Example RBV - Engineering Firm

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Example RBV - Engineering Firm
I am writing a thesis on RBV. One case study is a consulting engineering company. Which are the main features and capabilities of such a company from A RBV perspective?

RBV for Consulting Engineering Company
Warren Miller, CFA, CPA, Member
Francisco, one cannot "generalize" about the RBV. It is company-specific. Therefore, there is no application of the RBV to "such a company"... Without knowing a lot about exactly which company you're talking about.

RBV for Consulting Engineering Company
Humberto Ochoa, Member
I agree with Warren, you'll have to dig into how they do the engineering consulting process and identify their unique capabilities.

RBV in Engineering
Thanks for your comments Warren and Humberto.

RBV for Engineering Firm
Mohan Fonseka, Member
Probably human resources. You look at kas of employees unique to some firms over others.

RBV in Engineering Companies
Yes, I agree human resources can make up a specific intangible asset in this kind of companies.

Gordon F, Member
Hi, I am also writing a thesis, where RBV is a part of the strategic management view.
You can also think about how customer centricity can be seen as RBV-skill, because engineering is a very people-sensitive field.
The second advise would be to focus on knowledge management and knowledge sharing routines.

Customer centricity is important but in may opinion is more regarding a marketing strategy.
Knowledge sharing routines, yes I agree, it's also a pillar in my job.
Regarding knowledge management, pay attention to Acedo F. J, Barroso C., Galan J. L. In 'The Resource-Based Theory: Dissemination and Main Trends'. They divide KM into 2 big groups, RBV and KBV.
KBV is regarding knowledge, research and development (R&D) - Cohen, W. M. and D. A. Levinthal (1990), and Bruce Kogut and D.O. Zander.
My thesis is exclusive about RBV. Not KBV. Thanks for your comments.

Customer Knowledge and Understanding as an Asset
Gordon F, Member
Hey Francisco, thanks for your literature hints! I did have to differentiate the KBV and RBV also, your paper helps.
What I am asking as a core question is that in my opinion many companies "outsource" the customer understanding to marketing. But if you regard modern perspectives like customer based invention processes or integrating customer based knowledge into companies, there is an uprising intangible asset that can be a strategic perspective for competition. Good luck with your thesis!

RBV of Infrastructure Consulting Firm
Manisha, Member
Hi, I am also writing my PhD thesis on RBV of an Indian infrastructure consulting firm. Would be glad to seek your insights on the engineering consulting firm.

Literature on Resource Based View
Warren Miller, CFA, CPA, Member
Manisha, resource-based theory is a 'bottom-up' concept. That is, the unit of analysis is the individual firm, not its industry.
A key aspect of the RBV is that it is not the resources themselves, but the services that management can derive from them that really matters.
Penrose's 1959 book, The Theory of the Growth of the Firm, is a must-read, as is Nelson & Winter's 1982 masterpiece, An Evolutionary Theory of Economic Change.
I also recommend Barney & Clark's Resource-Based Theory, Becker & Lazaric's Organizational Routines, Durand's Organizational Evolution and Strategic Management, Teece's Dynamic Capabilities & Strategic Management, Helfat's (editor) The SMS Blackwell Handbook of Organizational Capabilities, and Montgomery's (editor) Resource-based and Evolutionary Theories of the Firm.
For a wonderful case study that was itself a Ph. D. Thesis, read Murmman's Knowledge and Competitive Advantage: The Coevolution of Firms, Technology, and National Institutions. It's fabulous.

A Case Study Approach for RBV
Manisha, Member
@Warren Miller, CFA, CPA: Thanks Warren for the suggested literature. I have a few of them... As rightly pointed out, my research is infact a case study of an Indian infrastructure firm. I intend to study the resources and key capabilities of the consulting firm that lead to superior firm performance. Look forward to more of suggestions...


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