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Sustainable Competitive Advantage (sustainable + competitive_advantage)
Selected AbstractsSkills under threat: the case of HIV/AIDS in the mining industry in ZimbabweJOURNAL OF INTERNATIONAL DEVELOPMENT, Issue 5 2006Caroline N. Matangi Abstract The Zimbabwe mining industry is currently battling to arrest further spread of the HIV/AIDS crisis in workplaces, especially its impact on labour productivity. Labour in the closed community of mines has been greatly susceptible to HIV/AIDS infection. The current AIDS incidence in the mine sites is estimated at a weighted average of 15,per,cent amongst miners, with the largest category of workers,the 30,39 years age group,also constituting the worst affected category. Given the current state of the country's economy and consequently its adverse impact on the lifestyle of miners, the pandemic is expected to increase. This paper builds on the work of the ILO (1995) involving a survey of 18 various firms/institutions. The survey was carried out in Zambia in order to assess the impact of HIV/AIDS on the productive labour force. The survey revealed that many of the firms are experiencing irregular work attendance, ,wasted' training as some of the trained workers are constantly ill or die, high medical bills, funeral costs and reduced productivity and profits. An analysis of data on the main causes of death in 1993 shows that at least 61.8,per,cent of deaths could be attributed to causes that are very closely related to HIV/AIDS complications. Based on points highlighted by respondents and analysis of symptoms suffered, it was observed that HIV/AIDS tended to affect most general workers (36.8,per,cent), followed by the lower management (30.9,per,cent) and the middle management (20.6,per,cent). Comparatively, 11.8,per,cent of the deaths in 1993 belonged to the top management. Although it is hard to appreciate the meaning of the figures without knowledge of the number of people in each category, it nevertheless helps to form a clear picture of the impact of HIV/AIDS on industry. This paper seeks to further investigate the impact of HIV/AIDS on the productive labour force, by focusing on one particular industry,mining,using a blend of research methods to collect the data. This paper examines the impact of HIV/AIDS on the productive labour force and management responses. It forms part of the findings of data gathered in 2001 in the mining industry in Zimbabwe, to examine factors affecting management responses to HIV/AIDS in the mine sites. Zimbabwe is a country with a complex historical legacy of mine labour. This phenomenon can largely be attributed to the production oriented nature of the mining industry. Mines focus mainly on mineral extraction and as a result the bulk of mine workers tend to be production workers whose skills have developed over long periods of time. Production workers on mines have a tradition of long-term employment. This phenomenon has meant that labour in the mines is hard to replace as a result of skills, especially tacit knowledge, acquired over many years. Thus while the recent closure of some gold mines, largely due to low commodity prices, has meant that more miners are available in the labour market, this situation has not necessarily eased the process of replacing labour lost to the HIV/AIDS epidemic, as certain skills are firm specific. Production workers are predominantly male with the bulk falling in the 35,39 years age group. Most mine workers reside in mine villages, a colonial legacy that ensured miners were close to the workplace. The village system is a system of housing labourers, which demonstrates capitalistic methods of controlling labour and minimising costs. Of significance in this study's background is how the village system has come to be viewed as a factor in the spread of HIV/AIDS in the mining communities, because of its ,closed' nature. It is against this complex historical backdrop that the paper turns to examine the impact of the HIV/AIDS pandemic on production workers and management responses to the crisis using the Resource Based View of the Firm model (RBV), one of the theories in the Strategic Human Resource Management (SHRM) tradition. RBV was chosen for this study out of many HRM models that exist, because this theory, in particular, explains why it is advantageous for sites to use their ,unique' firm based resources in order to achieve sustainable competitive advantage. Given this rationale it was, therefore, presumed that this theory would best apply in mines battling with the adverse impact of HIV/AIDS on productivity, especially in the light of the harsh national economic climate, which would likely place limitations on response mechanisms. Further, the issue of firm-specific skills was also taken into consideration as an important factor in the mines, limiting their ability to resort to external solutions. Thus, given these factors, RBV was deemed the most appropriate model. The study finds that the pandemic depresses labour productivity through a number of significant ways: increased rate of HIV/AIDS induced absenteeism gradual labour turnover as a result of AIDS induced morbidity; and consequently declining skills availability, particularly firm-specific skills. Maintaining labour productivity in the face of gradually diminishing skills and indisposed labour will be key to softening the adverse economic consequences of the pandemic in the mines. To reduce the threat to labour productivity, mines must find ways of utilising, to the maximum extent practicable, existing skills. Results indicate that a move towards the utilisation of existing miners is the most favoured response mechanism in most mines. Utilising existing miners enables mines from spending financial resources on avoidable recruitment and training and quite often mechanisation, which may not necessarily be compatible with the old infrastructure in certain mines. Copyright © 2006 John Wiley & Sons, Ltd. [source] The Inside Track: On the Important (But Neglected) Role of Customers in the Resource-Based View of Strategy and Firm Growth*JOURNAL OF MANAGEMENT STUDIES, Issue 8 2005Ivo Zander abstract This paper argues for the important role of customers as a source of competitive advantage and firm growth, an issue which has been largely neglected in the resource-based view of the firm. It conceptualizes Penrose's (1959) notion of an ,inside track' and illustrates how in-depth knowledge about established customers combines with joint problem-solving activities and the rapid assimilation of new and previously unexploited skills and resources. It is suggested that the inside track represents a distinct and perhaps underestimated way of generating rents and securing long-term growth. This also implies that the sources of sustainable competitive advantage in important respects can be sought in idiosyncratic interfirm relationships rather than within the firm itself. [source] A conceptual look at the strategic resource dynamics of public affairsJOURNAL OF PUBLIC AFFAIRS, Issue 4 2008William D. Oberman The goal of this paper is to build an understanding of core public affairs resources, their development and their relationship to competitive advantage. The perspective employed is that of the resource-based view (RBV) of the firm and the resources associated with public affairs are viewed in strategic terms. Public affairs is conceptualized as a dynamic capability whose function is to ,catalyse' latent socio-political resources into operational ones that can be used in pursuit of sustainable competitive advantage. The types and development of public affairs resources are described. A model of the dynamics of resource development and exploitation is offered, along with simple typologies of the major operational resource categories of access and legitimacy. Copyright © 2008 John Wiley & Sons, Ltd. [source] Promises Made, Promises Broken: An Exploration of Employee Attraction and Retention Practices in Small BusinessJOURNAL OF SMALL BUSINESS MANAGEMENT, Issue 4 2001Jill Kickul Entrepreneurial organizations have undergone substantial workforce changes and transformations during the last two decades in order to compete successfully on a global scale. The ability to attract and retain reliable and competent employees has become a key component in developing an effective and sustainable competitive advantage. The purpose of this study is to investigate the role of the psychological contract and the types of promises made and communicated by small business organizations to attract and retain their employees. From a sample of 151 employees within small businesses, the results demonstrate that perceived unfulfilled promises can have a considerable impact on workplace attitudes, commitment, and intentions to leave the organization. Implications and recommendations for small businesses as well as directions for future research are discussed. [source] Exploring the Appeal of Product Design: A Grounded, Value-Based Model of Key Design Elements and Relationships,THE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 5 2010Charles H. Noble Product design is increasingly being recognized as an important source of sustainable competitive advantage. Until recently, the domain of design has been loosely categorized as "form and function" issues. However, as this paper will explore, product design deals with a much richer range of issues, many of which have not been considered in the marketing literature. To explore the domain and elements of design, the paper begins with two major goals: (1) to elicit the key dimensions of design and to develop an enriched language for the understanding and study of design; and (2) to integrate the design dimensions within a broader model that ties initial design goals to eventual psychological and behavioral responses from consumers. To achieve these ends, grounded theory development is used by conducting an extensive literature review, in-depth interviews, and an interactive object elicitation technique. Drawing from this rich source of qualitative information as well as diverse literature fields, a framework is proposed for the creation of design value in consumer products. This framework not only explores the domain of design but also highlights the important elements of design that go well beyond the clichéd form and function issues. The resulting model reflects specific marketplace and organizational constraints that may help or impede the conversion of designer goals to so-called design levers. These levers are used to convey three types of values to consumers: rational, kinesthetic, and emotional. The framework then explains how and when these different values may be perceived by the consumer. Within this framework, testable research propositions and specific directions for future design-based research are also offered. Beyond its potential to spur marketing and new product development (NPD) management thought, the framework offered here represents a significant contribution to the field of design, which has historically been represented as a highly fragmented body of knowledge. Formalizing this framework should help overcome perhaps the largest obstacle to date to marketing-related and NPD-related research in this area,the lack of a detailed and consistent nomological view of the scope of design dimensions including testable linkages. Design has become an important tool that can be used by managers to develop dominant brands with lasting advantages. This research lends the NPD manager and the marketing manager better insights in into how this increasingly popular focus can be used to influence consumer behavior and firm success. "Design may be our top unexploited competitive edge." Tom Peters, 2004 (cover review of Norman, 2004) "We don't have a good language to talk about [design]. In most people's vocabularies, design means veneer., But to me, nothing could be further from the meaning of design. Design is the fundamental soul of a man-made creation." Steve Jobs, Apple Computers [source] Reputation for Product Innovation: Its Impact on Consumers,THE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 3 2010David H. Henard Just as firms compete for customers, they also vie for reputational status across their relevant constituent groups. To many firms, a reputation as an innovative company is something that is both prized and actively sought after. Despite an abundance of anecdotal evidence pointing to several firms' active pursuit of an innovative reputation, there is little empirical evidence to evaluate the soundness of this pursuit. On a general level, this research recognizes that firms compete for competitive advantage via their tangible and intangible resources. Much of the innovation literature centers on the tangible impact that new product development initiatives have on outcomes of innovation. Yet research investigations of the less tangible facets of innovation, such as a reputation, remain relatively uninvestigated despite their promise as a source of sustainable competitive advantage. This study investigates the effects of a corporate reputation for product innovation (RPI) and its impact on consumers. Consumer involvement levels are proposed to mediate the relationship between RPI and consumer outcomes. Empirical results indicate that a high consumer perceived RPI, via the involvement construct, leads to excitement toward and heightened loyalty to the innovative firm. A more positive overall corporate image and tolerance for occasional product failures are also positive outcomes noted in the results. Contrary to expectations, a high perceived RPI does not lead to a consumer propensity to pay price premiums. [source] The Effects of Transformational Leadership on Organizational Performance through Knowledge and Innovation,BRITISH JOURNAL OF MANAGEMENT, Issue 4 2008Víctor J. García-Morales Today's information and knowledge society requires new leaders who can confront a reality based on knowledge and foster innovation to achieve improvements in organizational performance. However, organizations sometimes fail to achieve sustainable competitive advantage due to their limited understanding of the relationships between these strategic variables. To date, very little research has analysed the direct and indirect relationships between these variables. Our study seeks to fill this research gap by analysing theoretically and empirically how the leader's perceptions of different intermediate strategic variables related to knowledge (knowledge slack, absorptive capacity, tacitness, organizational learning) and innovation influence the relation between transformational leadership and organizational performance. Based on the literature, we develop a theoretical model that shows the interrelations between these variables. We then test the model using data from 408 Spanish organizations, discuss the findings and provide several implications for business practitioners. [source] Green supply chains and the missing link between environmental information and practiceBUSINESS STRATEGY AND THE ENVIRONMENT, Issue 1 2010Cecilia Solér Abstract Within the field of green supply chain management (GSCM), an interest in supply chain cooperation to create sustainable competitive advantage, i.e. the collaborative paradigm, has made researchers turn their attention to information related aspects of the supply chain. This study contributes to an understanding of a suboptimal use of environmental information, which is critical for all collaborative efforts aiming at sustainable competitive advantage. The aim of this article is to describe the use of environmental information at different stages of the Swedish food supply chain. The results from this case study of the Swedish food supply chain indicate that environmental information is perceived and used differently by purchasers in the supply chain depending on where (in the supply chain) they are situated in relation to other chain actors. The main contribution of this study is the suggestion of a stage-dependent connection between perceived environmental cost and perceived environmentally informed consumer demand, which are barriers to GSCM practice discussed in recent GSCM literature. The missing link between information sharing and (environmental) performance of supply chains is explained as distance to end-consumer in terms of supply chain stages. Implications for GSCM practice and theory are discussed. Copyright © 2009 John Wiley & Sons, Ltd and ERP Environment. [source] Evolution of strategic management: The need for new dominant designsINTERNATIONAL JOURNAL OF MANAGEMENT REVIEWS, Issue 2 2005Pol Herrmann The development of strategic management is explained from an evolutionary perspective on the basis of cycles of variation, selection and retention. In industry, breakthrough innovations, or technological discontinuities, initiate eras of ferment that end when a generally accepted standard, or dominant design, starts an era of incremental change. In strategic management, the original definition of strategy initiated an era of ferment characterized by a focus on the environment. The attention to the environment of firms and the integration with other areas of inquiry reached a point of maturity with development of a widely accepted model for analyzing industry and with the definition of generic strategies. The resource-based view of the firm created a new era of ferment by affirming that the main sources of sustainable competitive advantages reside in the development and use of valuable resources. A new period, marked by swift advances in technology and increasingly blurred boundaries among industries, markets and competitors as well as diverse and more complex sources of competitive advantages, imposes on scholars and practitioners an imperative need to conceive new dominant designs. This paper illustrates the evolution toward new directions and challenges of creating new dominant paradigms in strategic management that revolve around the concepts of knowledge, learning, and innovation. [source] | |||||||||||||