Supplier Development at Honda, Nissan and Toyota: Comparative Case Studies of Organizational Capability Enhancement* Mari Sako Professor of Management Studies Said Business School University of Oxford Park End Street Oxford OX1 1HP, UK Email mari.sako@sbs.ox.ac.uk October 2002 * This study was funded by the International Motor Vehicle Program (IMVP), the UK Economic and Social Research Council, and the Japan Foundation. I am grateful to the interviewees at the three automakers and suppliers who
Words: 12443 - Pages: 50
utilize resources and capabilities that are valuable, rare, inimitable and un-substitutable to the company (Barney and Hesterly, 2012). Basically, the RBV focuses more on the strengths and the weaknesses of the company and try to use the internal resources to ensure superior performance against its competitors. Barney (1991) emphasized three type of internal resources which is the physical, human and organizational capital resources. In today’s globalization, the economy is dynamic and constantly
Words: 1124 - Pages: 5
decisions, and actions required for a firm to achieve strategic competitiveness and earn above average returns strategic competitiveness: is achieved when a firm successfully formulates and implemens a value-creating strategy (p4) above-average Returns: returns in excess of what an investor expects to earn from other investments risk:an investors uncertainty about the economic gains or losses that will result for a particular investment competitive advantage: when firm implemets strategy that creates
Words: 4798 - Pages: 20
ensure strategies are likely to be effectively implemented in practice. The recent rise of the resource-based approach to strategy helps us understand how two organisations with similar resources may nevertheless develop quite different levels of capability and performance. This article should help managers appreciate why no source of competitive advantage is likely to be sustainable over the longer-term. Introduction Susan Segal-Horn, Professor of International Strategy, Open University
Words: 6013 - Pages: 25
Success in Formula 1 Considering the uniqueness and the fast pace of the sport, capabilities, resources and attributes that are required for gaining success in F1 can initiate through a number of dimensions. Motor sport industry is highly competitive and stands in a rapidly changing environment. For F1 industry the RBV seems to be a much more important factor as compared to MBV. The start up and running costs require huge financial resources. As a basis of being competitive, any medium sized constructor
Words: 2022 - Pages: 9
industry. This paper assessed the Chinese food market from a perspective of a Dutch food company, which is willing to export. Four aspects of international business were covered, namely the involvement in international markets, value chain, dynamic capabilities and marketing. Both perspectives, current theoretical body of knowledge and most recent market information, have been combined to provide a complete and current situation of the food market in China. In the current literature, little is found
Words: 18253 - Pages: 74
the Resource Based View of the firm, is to suggest that resources and competencies can play a critical role in developing valuable strategies, influencing the trajectories of growth but also limiting the choice of the markets firms may enter. Moreover we consider that differential firm performance can be attributable to heterogeneity among firms rather than industry structure, considering the firm as the primary unit of analysis. In order to verify how a firm develops, manages and deploys competencies
Words: 493 - Pages: 2
technological content and development, supply chain and distribution. From originally serving only the retail customers, in 2009 Amazon served three distinct groups that is consumer customers, seller customers and developer customers. Distinctive capabilities included its technological innovation capacity. Amazon had built the virtual sales person for its customers, by leveraging off information from millions of users. In the long term these innovations helped them achieve lower operating costs even
Words: 1491 - Pages: 6
based on a variety of reasons such as shortened technology and product development lifecycles, globalization, and pressures of competitive forces. This has forced organizations to review their value chain systems in order to survive and grow in such dynamic economic environments. In the field of engineering, value chains have become vital aspects of operations management when it comes to the application of engineering systems to the industrial and commercial processes. The main purpose of this paper
Words: 1567 - Pages: 7
Contents 1. Strategic Profile 1 2. Mission Statement 1 3. Situational Analysis and SWOT Analysis 2 4. Problem Identification 3 5. Analysis of Alternatives 4 6. Strategy Control and Evaluation Processes 6 7. Conclusion & recommendations 7 8. Implementation 7 References 9 Appendix 1 11 Appendix 2 12 Appendix 3 15 1. Strategic Profile Embraer SA is a Brazil-based company which was founded in 1969 and primarily engaged in the manufacture of aircrafts. The company divides its
Words: 5163 - Pages: 21
