Resource Based View of the Firm and SWOT




Resource-based View
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LEAH LYNDA I. STA ANA
Student (MBA), Philippines

Resource Based View of the Firm and SWOT

Resource-based view of the firm is a bit like a SWOT analysis. You analyze all the available resources of the business to further achieve its business goals. After that, evaluate and assess where you can improve and innovate on the available resources.
 

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Warren D. Miller, CPA, CFA
Strategy Consultant, United States
 

RBV and SWOT

I don't disagree 100%, Leah Lynda, but I do disagree mostly:
- For one thing, "SWOT" includes "Opportunities and Threats," which are external to the firm. The RBV is internal.
- For another, I believe that Jay Barney's typology of resources--as four types of capital--is a great way to begin the analysis of them. At the end of the day, though, we still need his VRINO (valuable, rare, inimitable, non-substitutable, organizationally aligned) framework to determine the durability and contribution to value that any capabilities (which are made of one or more 'routines,' which themselves comprise bundles of resources) may offer.
Hope this helps.

 
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francisco, Brazil
 

RBV and SWOT

According to the seminal article firm resources and sustained competitive advantage by Barney (1991,... Sign up

 
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LEAH LYNDA I. STA ANA
Student (MBA), Philippines
 

RBV, SWOT and Risk Management (RM)

Thank you for your comment Warren and Francisco, I did forgot that opportunities and strengths are e... Sign up

 
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Sam Hwambo. BA Hons. Bus Stud (Open)
Accountant, Zimbabwe
 

RBV and SWOT

Point of correction, strengths are internal while opportunities are external as you rightfully put i... Sign up

 
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Warren D. Miller, CPA, CFA
Strategy Consultant, United States
 

RBV and SWOT and Risk Management

In my view, RM deals with all four SWOT elements and for a simple reason: when risk goes down, value... Sign up

 
2
Heunes, South Africa
 

RBV and SWOT

I can not agree with the approach... Let's get back to the basics. - SWOT is more than only resou... Sign up

 
0
Warren D. Miller, CPA, CFA
Strategy Consultant, United States
 

RBV and SWOT

Ben, I disagree. I believe you're missing a key aspect of resources--the services that can be gotten... Sign up

   

More on Resource-based View:
Summary
Discussion Topics
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
Can 'Product Design Capability' be a Resource for an Organization?
Relevance of RBV When Facing Low Cost Competition
Strategic Resource Planning
Empirical Research of RBV
🔥Relationship Between Isolating Mechanisms / Barriers of Imitation and Company Size
👀Resource Based View of the Firm and SWOT
Example RBV - Engineering Firm
RBV and Comparative Advantage
RBV in Micro Business?
Resource Based View Identifies Core Competences
The Conditions of RBV are Seemingly Non-Complementary
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