Advantages of RBV (benefits)

Resource-based View
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Resource-based View > Best Practices

Warren Miller, CPA, CFA, 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. (...) Read more? Sign up for free

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  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, 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, 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 (...)

 
More on Resource-based View
Summary
Forum
Can 'Product Design Capability' be a Resource for an Organization?
🔥Relationship Between Isolating Mechanisms / Barriers of Imitation and Company Size
Resource Based View Identifies Core Competences
Best Practices
🥇Resource Based View Industries?
🥈Barney Changed VRIN into VRIO
🥉Limitations of Resource Based View of the Firm
Sources for Resource Based View
Advantages of RBV (benefits)
RBV & Financial Capability
Challenges of Managing Conglomerates...
Extended RBV Approach
Relevance of RBV When Facing Low Cost Competition
Strategic Resource Planning
Empirical Research of RBV
Example RBV - Engineering Firm
RBV and Comparative Advantage
RBV in Micro Business?
Resource Based View of the Firm and SWOT
The Conditions of RBV are Seemingly Non-Complementary
Special Interest Group Leader

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