To prepare for this work, kindly review the required readings, Teece, Pisano, and Shuen (1997) define dynamic capabilities as: “the firm’s ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments” (p. 516). Also review Barney, J.B. (1995). Looking inside for competitive advantage. Then, in a 3- to 4-page paper:
- Identify dynamic capabilities in your organization. Use Teece, Pisano, and Shuen’s paper to justify why and how these capabilities are contributing to competitive advantage and outline how they differ from “resources” as identified by Barney.
- Discuss how these capabilities can help to retain competitive advantage in the face of technological changes/disruptions.
- 3-4 Pages in length, not counting the reference page.
Your paper must meet the following criteria:
Formatted according to academic writing standards and APA style guidelines.
Adhere to academic writing style throughout, including using third person, avoiding colloquialisms, eliminating anthropomorphic phrasing, and providing citations to give credit to sources of information. Include a reference page for citations.