Comments on: Competitive Advantage and the Resource Based View of the Firm http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm Technology, Strategy, People and Projects Fri, 12 Mar 2010 16:27:46 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: A milestone – 3 years old | Eric D. Brown - Technology, Strategy, People & Projects http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-294 A milestone – 3 years old | Eric D. Brown - Technology, Strategy, People & Projects Tue, 14 Jul 2009 13:34:35 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-294 [...] Blu Domain: Poor Service Defined [...] [...] Blu Domain: Poor Service Defined [...]

]]> By: Daniel Ngobia http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-285 Daniel Ngobia Mon, 05 Jan 2009 02:54:31 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-285 Hi Eric, I am a doctoral student at the UNiversity of Nairobi(Kenya) and my area of study is Value Chain and Competitive Advantage. I am really strugling to get empirical studies done in this field, can you assist. Thanks and Happy New Year. Daniel Ngobia <em>Daniel Ngobia's Recent post...null</em> Hi Eric,
I am a doctoral student at the UNiversity of Nairobi(Kenya) and my area of study is Value Chain and Competitive Advantage. I am really strugling to get empirical studies done in this field, can you assist.

Thanks and Happy New Year.

Daniel Ngobia

Daniel Ngobia's Recent post…null

]]> By: Eric D. Brown http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-293 Eric D. Brown Sun, 30 Nov 2008 14:35:47 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-293 Hi Mazher ul haq: Thanks for the comment....I'm glad you liked what I've done. Hi Mazher ul haq:

Thanks for the comment….I’m glad you liked what I’ve done.

]]> By: Mazher ul haq http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-292 Mazher ul haq Sun, 30 Nov 2008 09:43:12 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-292 Dear Eric, good afternoon, i m from Pakistan doing MBA. the stuff you provide abt RB view is quite good for my assignment on it. sir i'll be looking forward for more stuff. i wish i can send you my assignment. regards, Mazher Ul Haq Dear Eric,

good afternoon, i m from Pakistan doing MBA. the stuff you provide abt RB view is quite good for my assignment on it.
sir i’ll be looking forward for more stuff.
i wish i can send you my assignment.

regards,
Mazher Ul Haq

]]> By: Eric D. Brown http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-291 Eric D. Brown Tue, 25 Nov 2008 13:30:27 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-291 Hi Helena - Thanks for the comment. I'd be interested in hearing how your project turns out. Glad I could be of assistance! Hi Helena – Thanks for the comment. I’d be interested in hearing how your project turns out. Glad I could be of assistance!

]]> By: Helena http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-290 Helena Mon, 24 Nov 2008 21:35:47 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-290 Dear Eric, Thank you for this blog. I'm a student from Denmark doing a project on employer branding and ten minutes ago I was desperate to find inspiration for a paragraph on RBV and the assumption that human capital bring value to organizations - I found it here :). Thank you so much - now I can get back to work :). Kind regards, Helena Dear Eric,

Thank you for this blog.
I’m a student from Denmark doing a project on employer branding and ten minutes ago I was desperate to find inspiration for a paragraph on RBV and the assumption that human capital bring value to organizations – I found it here :) .
Thank you so much – now I can get back to work :) .

Kind regards,
Helena

]]> By: Eric D. Brown http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-289 Eric D. Brown Tue, 20 May 2008 13:55:39 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-289 Danielle & Mario Thanks for the references ...they look very interesting. I'll read through these and provide my thoughts. I'm not sure what McKinsey, BCG or others are using but I will ask around my network to see if I can get some feedback. Danielle & Mario

Thanks for the references …they look very interesting. I’ll read through these and provide my thoughts.

I’m not sure what McKinsey, BCG or others are using but I will ask around my network to see if I can get some feedback.

]]> By: Mario Rodriguez-Graniel & Danielle Logue http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-288 Mario Rodriguez-Graniel & Danielle Logue Mon, 19 May 2008 10:35:47 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-288 Dear Eric, Thanks for your reply. In regard to suggestions for strengthening the RBV, different authors agree on the importance of complementary and integral use of the RBV with other frameworks. Priem and Butler argue that “a synthesis of the resource and environment-based perspectives might be an important next step toward a more complete strategy theory,” while Burney admits that practitioners combining the RBV with other “demand-oriented perspectives” would benefit from the greatest potential of this framework (Priem & Butler, 2001; Barney, 2001). Incorporating others, such as the dynamic capabilities framework, would avoid the ‘strategic blindspots’ generated when focusing solely on one structure (Teese, Pisano & Shuen, 1997). While the integration of different frameworks appears as a recurrent solution in the literature, we were wondering how consultants turn the RBV into practical action and suggestions to managers. Do you know if McKinsey, BCG and other management consulting firms use this framework? Insights from their experiences can provide different suggestions for strengthening the RBV. Regards, Danielle & Mario Works Cited Barney, J.B. (2001). Is the resource-based ‘view’ a useful perspective for strategic management research? Yes. Academy of Management Review. 26(1):41-57. Priem, R.L. and Butler, J.E. (2001). Is the resource based view a useful perspective for strategic management research? Academy of Management Review. 26(1):22-40. Teece, D.J., Pisano, G. and Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal. 18(7)509-533. Dear Eric,

Thanks for your reply. In regard to suggestions for strengthening the RBV, different authors agree on the importance of complementary and integral use of the RBV with other frameworks. Priem and Butler argue that “a synthesis of the resource and environment-based perspectives might be an important next step toward a more complete strategy theory,” while Burney admits that practitioners combining the RBV with other “demand-oriented perspectives” would benefit from the greatest potential of this framework (Priem & Butler, 2001; Barney, 2001). Incorporating others, such as the dynamic capabilities framework, would avoid the ‘strategic blindspots’ generated when focusing solely on one structure (Teese, Pisano & Shuen, 1997).

While the integration of different frameworks appears as a recurrent solution in the literature, we were wondering how consultants turn the RBV into practical action and suggestions to managers. Do you know if McKinsey, BCG and other management consulting firms use this framework? Insights from their experiences can provide different suggestions for strengthening the RBV.

Regards,

Danielle & Mario

Works Cited

Barney, J.B. (2001). Is the resource-based ‘view’ a useful perspective for strategic management research? Yes. Academy of Management Review. 26(1):41-57.
Priem, R.L. and Butler, J.E. (2001). Is the resource based view a useful perspective for strategic management research? Academy of Management Review. 26(1):22-40. Teece, D.J., Pisano, G. and Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal. 18(7)509-533.

]]> By: Eric D. Brown http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-286 Eric D. Brown Fri, 16 May 2008 13:34:04 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-286 Danielle & Mario, Thanks for the comment. I've recently been reading more about the RBV and some of its perceived weaknesses....your comments are timely. I've not had a chance to consider how to strengthen the RBV but would welcome any thoughts you might have. Danielle & Mario,

Thanks for the comment. I’ve recently been reading more about the RBV and some of its perceived weaknesses….your comments are timely.

I’ve not had a chance to consider how to strengthen the RBV but would welcome any thoughts you might have.

]]> By: Danielle http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm/comment-page-1#comment-287 Danielle Fri, 16 May 2008 12:26:24 +0000 http://ericbrown.com/competitive-advantage-and-the-resource-based-view-of-the-firm.htm#comment-287 Dear Eric Firstly, we would like to thank you for this blog. The RBV has several benefits for firms, such as: • It highlights the value of both tangible and intangible resources to implement strategies and as a source of competitive advantage. • Assessing resources based on empirical indicators -for example, their rarity, value, imitability, and substitutability- is of fundamental importance to a firm. However, we would like to know if you are aware of the criticisms raised by Priem and Butler in “Is the resources based view a useful perspective for strategic management research?” If so, have you considered the value of complementing the RBV with other frameworks in order to exploit its potential and address its weaknesses. For instance, by integrating this structure with dynamic capabilities one could respond to the “hows” that the RBV fails to answer (especially how to use the identified resources to create competitive advantage). One of the main contentions is the “prescriptive boundaries” of the RBV; therefore, we were wondering how this would affect the applicability of this framework to your clients’ challenges? We look forward to continuing this dialogue. Best, Danielle Logue and Mario Rodriguez-Graniel Dear Eric

Firstly, we would like to thank you for this blog. The RBV has several benefits for firms, such as:
• It highlights the value of both tangible and intangible resources to implement strategies and as a source of competitive advantage.
• Assessing resources based on empirical indicators -for example, their rarity, value, imitability, and substitutability- is of fundamental importance to a firm.

However, we would like to know if you are aware of the criticisms raised by Priem and Butler in “Is the resources based view a useful perspective for strategic management research?” If so, have you considered the value of complementing the RBV with other frameworks in order to exploit its potential and address its weaknesses. For instance, by integrating this structure with dynamic capabilities one could respond to the “hows” that the RBV fails to answer (especially how to use the identified resources to create competitive advantage). One of the main contentions is the “prescriptive boundaries” of the RBV; therefore, we were wondering how this would affect the applicability of this framework to your clients’ challenges?

We look forward to continuing this dialogue.

Best,

Danielle Logue and Mario Rodriguez-Graniel

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