Value creation versus value capture: Towards a coherent definition of value in strategy

Article Abstract:

Resource-based theory assumes that an organization or company can be viewed as a collection of resources that are valuable. Research examining how a value of a resource is determined with reference to it's creation and it's capture value is presented.

Management science, Resource allocation, Supply and demand

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How the resource-based and the dynamic capability views of the firm inform corporate-level strategy

Article Abstract:

The authors posit that while corporate resource possession is a conditional factor for producing shareholder value, dynamic capability is a requisite factor. Discussion focuses on how dynamic capabilities contribute to resource creation.

United Kingdom, Economic aspects, Comparative analysis, Organizational behavior, Organizational behaviour

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Using single respondents in strategy research

Article Abstract:

There are considerable problems associated with the use of single respondents in strategy research. It is clear that using a single respondent to obtain information about a company's position can lead to misleading results, even in cases where managers are well placed to see how the whole company operates. Recent research indicates that information obtained from a single respondent may well be unreliable, and that results of strategic research undertaken in this way must therefore be regarded cautiously.

Management Policy & Goals, Methods, Strategic planning (Business), Goal setting

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