Hello and welcome!
Today we talk about the next aspects of the topic of organisational capabilities - the structure of a dynamic capability of the firm. There are several approaches. However, the approach by Teece (2007) is the most popular one. According to his view, a dynamic capability is formed by three capacitities:
- sensing capacity, i.e. a capacity of a firm to sense and shape market change,
- seizing capacity, i.e. a capacity of a firm to seize an opportunity, and
- reconfiguration capacity, i.e. a capacity of a firm to reconfigure resource base of the firm in order to implement the decision made.
More details and some criticism in this episode - enjoy, comments, share, and subscribe. It does matter!
Best
Eugene (Yevgen)
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