Briefing 80 explained briefly that a capability is the ability to get something done – fast, well and cheaply. To clarify the difference between resources and capabilities it is worth noting the same classification of asset stocks we used when explaining intangible resources in Briefing 73 (Figure 1).
Figure 1: A classification of resources and capabilities. (Click image to view larger)
Capabilities are asset-stocks, but not resources. They ...
Continue Reading → ShareAt one level, Resource Accumulation may seem rather simple and obvious.
‘So what?’ you may ask yourself.
Well, it’s monumentally, massively important, and while it may be obvious in itself, its consequences are truly staggering.
The next few briefings are going to talk a lot about ‘accumulating resources’.Just to recap, in earlier briefings I explained the importance of focusing on how organizational performance changes over time, and also how to trace the causal logic that explains this performance, until that chain ...
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