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
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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
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RBV and SWOT
According to the seminal article firm resources and sustained competitive advantage by Barney (1991,... Sign up
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Heunes, South Africa
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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
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