| |
| | Strategy Dynamics (Warren) |
 | | The Strategy Dynamics method from Kim Warren is a technique that can be used to explain the business performance to date, and develop strategies for improving the future performance, based on building and retention of resources and capabilities. |
 | | The underlying science is the System Dynamics method, originated by Prof Jay Forrester at MIT in the 1960s, applied explicitly to a resource-perspective of organizations and strategy and the principle of asset-stock accumulation highlighted by Dierickx and Cool, and long recognized to lie at the heart of Strategy and performance. |
 | | However, in contrast to the Resource Based View [Wernerfelt, Barney, Grant, et al], and competence-based and knowledge-based perspectives on strategy, the method stresses the importance of mundane resources [products, people, capacity...] as well as the role of rare and inimitable factors believed to be responsible for sustained competitive advantage. |
| www.12manage.com /methods_warren_strategy_dynamics.html (1216 words) |
|