Dynamic Capabilities: Strategic Management
Literature Review of Dynamic Capabilities
Hello, Please see below for readings and assignment. Please write in scholarly fashion – there are instructions of the requirements below, must have 8 new references not included in the readings.
Readings
Use the Capella University Library to complete the following:
- Read Barreto’s 2010 article, “Dynamic Capabilities: A Review of Past Research and an Agenda for the Future” from Journal of Management, volume 36, issue 1, pages 256–280.
- Read Hillman, Withers, and Collins’s 2009 article, “Resource Dependence Theory: A Review” from Journal of Management, volume 35, issue 6, pages 1404–1427.
- Read Zhu and Furr’s 2016 article, “Products to Platforms: Making the Leap,” from Harvard Business Review, volume 94, issue 4, pages 72–78
- Read Ridder, Hoon, and McCandless’s 2009 article, “The ‘How’s of Dynamic Capabilities: Underlying Processes and Their Drivers” from Academy of Management Proceedings, pages 1–6.
- Read Teece, Pisano, and Shuen’s 1997 article, “Dynamic Capabilities and Strategic Management from Strategic Management Journal, volume 18, issue 7, pages 509–533.
Assignment
Literature Review of Dynamic Capabilities
Submit the Literature Review of Dynamic Capabilities assignment. In this assignment, you are required to read the article by Barreto on dynamic capabilities from this unit’s studies, if you have not done so already.
In this article, Barreto provides a comprehensive review of the literature on dynamic capabilities. After reading his review, select one area of the dynamic capabilities research and prepare literature review of the topic. Your paper must include a discussion of how dynamic capabilities may influence the leadership approach.
Answer preview
Dynamic capability is the ability of an organization to stand out and outdo the others by using strategic ways that are unique from others. The rise of competition among firms in resources and markets has always brought the idea of dynamic capabilities to help the firms to sustain them in the challenging environment. According to Rowe, Besson & Hemon (2017), the capabilities of an organization can be either internal or external. Internal capabilities are those things that the organization is able to do on its own within it while external capabilities are those that are triggered by external environments…
(1900 words)