Advantages of RBV (benefits)


 
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Advantages of RBV (benefits)
Warren Miller, CFA, CPA, United States, Member
The resource based view of the firm is a terrific tool for analyzing the presence, or lack thereof, of wealth-creating mechanisms within a given company.
When one combines results from those analyses with a company's existing incentives program and with results from customer-loyalty surveys, well, it's a world-beater where 'alignment' is concerned, too.
All in all, the RBV is the most important strategy construct to have come to the fore in the last 30 years. It's truly spectacular....Sign up
 

 
Resource Based View of the Firm
Prof. Alkis S. Magdalinos, Business Consultant, Greece, Member
Good comments. I would add a comparison with competition on the basis of determinant attributes using a snake diagram.
Determinant attributes<...Sign up
 

 
RBV is Source of Wealth
GS RADJOU, CEO, France, Member
You are entirely right. Using the RBV mechanism is a source of wealth for companies. Successfull firms stockpiled profits from birth to death within t...Sign up
 

 
RBV not to be used in Isolation
Samuel Adutwum, Student (MBA), United Kingdom, Member
Experience has shown me that using RBV in isolation makes it un-usable (ineffective) because it overlooks the importance of the external environment o...Sign up
 

 
RBV
GS RADJOU, CEO, France, Member
Yes, you can complement RBV with more options as you did. Excellent!...Sign up
 

 
RBV - Part of a Comprehensive Analysis
Warren Miller, CFA, CPA, United States, Member
I agree with GS and Samuel - the RBV should not be used in isolation.
In our shop, we conduct a conventional external risk assessment (the...Sign up
 

 
RBV as a Strong Weapon
Asevameh Innocent, Project Manager, Nigeria, Member
I see the RBV as an important tool for any business/firm. Firms with RBV have a very strong capability and advantage over other firms without RBV.
...Sign up
 

 
RBV is Useful for Small Businesses as Well
Christian Hirang, Teacher, Member
RBV can even be used in small businesses. The budget for the resources will be minimised, since resources can be grown or purchased locally at ...Sign up
 

 
RBV as a Strong Weapon
Warren Miller, CFA, CPA, United States, Member
Asevameh - you are correct that the RBV is indeed an important tool for any firm or business.
However--and I say this with respect-- I don't bel...Sign up
 

 
RBV and Intangible Factors
Alexander N. Raikov, Director, Russian Federation, Member
I agree that the RBV should not be used in isolation. This became more important in the global conditions of information society.
In this context...Sign up
 

 
One More Advantage of the Resource Based View..
Blouw. M.E., Accountant, South Africa, Member
Given the volatile (external) market under which firms operate nowadays, itís important that one takes a strategic view of the firmís capabilit...Sign up
 

 
Avoiding Strategic Drift
Zeeshan, Student (MBA), United Kingdom, Member
The resource based view of any company is the view along the lines of resources that a company has.
One can not be sure that all resources have b...Sign up
 

 
Advantages of RBV
Zeeshan, Student (MBA), United Kingdom, Member
RBV inherits advantages of assessing the implement ability of the chosen strategy. Using RBV ensures that the options that will come as a possible ...Sign up
 

 
 


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