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EXECUTIVE DIGEST

Dynamic Capabilities


Uncertainty, Innovation, and Dynamic Capabilities:
An Introduction

Globalization and rapid technological change have made the global business environment more competitive than ever. Firms should seek to develop the dynamic capabilities of sensing, seizing, and transforming. (more)


Dynamic Capabilities and Organizational Agility
Uncertainty is very different from risk, which can be managed using traditional tools and approches. Firms seeking to develop strong dynamic capabilities must be able to manage deep uncertainty, characterized by unknown unknowns. (more)


How Do Firms Adapt to Discontinuous Change?
Blockbuster, Kodak, Lehman Brothers, Nokia: there are countless examples of firms that failed to adapt effectively to changes in their external environment. This particularly true in industries characterized by rapid technological change. (more)


Adapting to Fast-Changing Markets and Technologies
Some firms are adept at anticipating and exploiting the opportunities created by technological innovation, while others struggle. This article explores the processes of sensing, seizing, and transforming within rapidly changing industries. (more)


Designing Organizations for Dynamic Capabilities
Valve Corporation is a gaming company founded in 1996 by Gabe Newell and Mike Harrington. In addition to producing popular titles like Half Life and Portal, Valve has proven that flattened hierarchies can enable dynamic capabilities. (more)


Generative Sensing: A Design Perspective on the Microfoundations of Sensing Capabilities
This article describes framing and abduction, two primary "microfoundations" of a company's ability to sense opportunities. (more)


Dynamic Capabilities at Samsung: Optimizing
Internal Co-opetition

In 2007, Samsung was not a major player in the smartphone industry. Today they are the world's leading smartphone manufacturer, thanks to a unique corporate structure that encourages internal competition. (more)


Dynamic Capabilities and Healthcare: A Framework for Enhancing the Competitive Advantage of Hospitals
Today’s healthcare environment is highly competitive. Unless a hospital is a sole community provider, or part of a prestigious academic center with little competition, failure to build competitive advantage can quickly lead to bankruptcy. (more)


 


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