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Strategic Management

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Strategic Management

Chris Jeffs

Pub. date: 2008 | Online Pub. Date: May 31, 2012 | DOI:http://dx.doi.org/10.4135/9781446216446 | Print ISBN: 9781412947695 | Online ISBN: 9781446216446 | Publisher:SAGE Publications Ltd

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Chapter 2.7: Internal Analysis: Resource Analysis

Internal analysis: Resource analysis An internal analysis provides a valuable insight into an organisation's resources which may result in strategies that build on an organisation's strengths, minimise weakness and identify capabilities that could result in a competitive advantage. Strategic capabilities are the resources and competences of an organisation that enable it to successfully compete . Strategic capabilities are created by applying the relevant resources at the right time and with optimal efficiency in order to allow an organisation to develop a sustainable competitive advantage. In order to make judgements on the skills and resources that an organisation has, it is important to undertake a resource analysis. Resources can be ranked in importance by categorising them as either threshold or unique resources . Threshold resources are those resources that are required as a minimum in order to compete in a market . Unique resources are those resources that are difficult to ...

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