Advantages of RBV (benefits)

Resource-based View
Knowledge Center

Best Practices

Sign up

Warren Miller, CPA, CFA
Strategy Consultant, United States

Advantages of RBV (benefits)

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.

  Prof. Alkis S. Magdalinos
Business Consultant, Greece
 

Resource Based View of the Firm

Good comments. I would add a comparison with competition on the basis of determinant attributes using a snake diagram.
Determinant attributes are the attributes of a product and/or service which are most important to the buyer.
The Snake Diagram is a diagram which compares attributes of closest competitive offerings on a scale. It gives an excellent image for developing effective strategy. You may contact me for further information.

  GS RADJOU
CEO, France
 

RBV is Source of Wealth

You are entirely right. Using the RBV mechanism is (...)

  Samuel Adutwum
 

RBV not to be used in Isolation

Experience has shown me that using RBV in isolatio (...)

  GS RADJOU
CEO, France
 

RBV

Yes, you can complement RBV with more options as y (...)

  Warren Miller, CPA, CFA
Strategy Consultant, United States
 

RBV - Part of a Comprehensive Analysis

I agree with GS and Samuel - the RBV should not be (...)

  Asevameh Innocent
Project Manager, Nigeria
 

RBV as a Strong Weapon

I see the RBV as an important tool for any busines (...)

  Christian Hirang
Teacher
 

RBV is Useful for Small Businesses as Well

RBV can even be used in small businesses. The budg (...)

  Warren Miller, CPA, CFA
Strategy Consultant, United States
 

RBV as a Strong Weapon

Asevameh - you are correct that the RBV is indeed (...)

  Alexander N. Raikov
Director, Russian Federation
 

RBV and Intangible Factors

I agree that the RBV should not be used in isolati (...)

  Blouw. M.E.
Accountant, South Africa
 

One More Advantage of the Resource Based View..

Given the volatile (external) market under which f (...)

  Zeeshan
Student (MBA), United Kingdom
 

Avoiding Strategic Drift

The resource based view of any company is the view (...)

  Zeeshan
Student (MBA), United Kingdom
 

Advantages of RBV

RBV inherits advantages of assessing the implement (...)

Start a new forum topic

 

More on Resource-based View:
Summary
Special Interest Group

Do you have a keen interest in Resource-based View? Become our SIG Leader

Resource-based View
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 16-10-2021. All names of their owners.