Vadim Kotelnikov    

Distinctive Corporate Capabilities

Things You Can Do Better Than Your Competition

   

Business e-Coach     

 

"Do what nobody else can do for you. Omit to do anything else." ~ Henry David Thoreau

 

Corporate Capabilities Sustainable Competitive Advantage Business Processes Business Enablers Leaders Team Building and Teamwork Employee Empowerment Knowledge Management People Power Value Chain Management Sustainable Value Creation Corporate Vision, Mission, Goals Shared Values Winning Organization Innovation System Distinctive Capabilities Master of Business Synergies (MBS) Corporate Capabilities: Definition and Characteristics

Primary Sources of Distinctive Capabilities

Surprise To Win: 3 Strategies

Differentiation Strategies

  • Market structure that limits entry

  • Rich experience which by its very nature requires extended time to replicate

  • Tacitness in knowledge and relationships practices, routines and behavior which cannot be replicated because no-one fully comprehend their nature

Some Approaches Favoring Systemic Innovation and Development of New Distinctive Capabilities

Distinctive and Reproducible Capabilities

The opportunity for your company to sustain your competitive advantage is determined by your capabilities of two kinds distinctive capabilities and reproducible capabilities and their unique combination you create to achieve synergy >>>

 

 

Your distinctive capabilities the characteristics of your company which cannot be replicated by competitors, or can only be replicated with great difficulty are the basis of your sustainable competitive advantage.  According to the resource-based view of the company, sustainable competitive advantage is achieved by continuously developing existing and creating new resources and capabilities in response to rapidly changing market conditions.  >>>

Distinctive capabilities can be of many kinds: patents, exclusive licenses, strong brands, effective leadership, teamwork, or tacit knowledge.

Reproducible capabilities are those that can be bought or created by your competitors and thus by themselves cannot be a source of competitive advantage. Many technical, financial and marketing capabilities are of this kind. Your distinctive capabilities need to be supported by an appropriate set of complementary reproducible capabilities to enable your company to sell its distinctive capabilities in the market it operates.

Radical Innovation

Long-term corporate success is linked to the ability to innovate. Although corporate investment in improvements to existing products and processes does bring growth, it is new game changing breakthroughs that will launch company into new markets, enable rapid growth, and create high return on investment. Companies that are not bound by prevalent fallacies and rules of conventional wisdom have been able to break out of the pack, create a new highly profitable market niche, and win customers.

Blue Ocean vs. Red Ocean Strategy

Radical innovation should be a continued activity to help your company reinvent itself and maintain its market leadership... More

 

 

Build Synergies

A corporation that builds on core competencies utilizes skills that combine to strengthen value chains and build greater competitive advantages. This leads to synergies among business units, whereby they become more productive together than independently.  >>>

Trust as a Distinctive Capability

Trust-based working relationships are an important source of your sustainable competitive advantage because trust is valuable, rare, imperfectly imitable, and often nonsubstitutable... More