A current view of resource based theory in operations management: A response to Bromiley and Rau

Hitt, Michael A.; Carnes, Christina Matz; Xu, Kai

doi:10.1016/j.jom.2015.11.004

Cited by 82 publications

(77 citation statements)

References 21 publications

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“…In line with the recent discussion regarding the adoption of RBV in the OM context (Hitt et al., 2016b), we focus on the mid‐level organizational outcomes of operational efficiency and innovativeness. Hitt et al. (2016a) maintained that RBV has the potential of better integration with the knowledge‐based view and the theoretical lens of dynamic capability.…”

Section: Discussionmentioning

confidence: 99%

The impact of firms’ social media initiatives on operational efficiency and innovativeness

Lam

Yeung

Cheng

2016

J of Ops Management

157

153

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Social media have been increasingly adopted for organizational purposes but their operational implications are not well understood. Firms' social media initiatives might facilitate information flow and knowledge sharing within and across organizations, strengthening firm-customer interaction, and improving internal and external collaboration. In this research we empirically examine the impact of social media initiatives on firms' operational efficiency and innovativeness. Taking the resource-based view of firms' information capability, we consider firms' social media initiatives as strategic resources for operational improvement. We posit that firms' social media initiatives enhance dynamic knowledgesharing routines through an information-rich social network, leading to both operational efficiency and innovativeness. Collecting secondary data in a longitudinal setting from multiple sources, we construct dynamic panel data (DPD) models. Based on system generalized method of moments (GMM) estimation, we show that firms' social media initiatives improve operational efficiency and innovativeness. We identify the importance of an information-rich social network to the creation of knowledge-based advantage through firms' social media initiatives, and discuss the theoretical and managerial implications from the perspective of operations management.

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Section: Discussionmentioning

confidence: 99%

The impact of firms’ social media initiatives on operational efficiency and innovativeness

Lam

Yeung

Cheng

2016

J of Ops Management

157

153

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“…This study applies the resource-based view (RBV) (Barney, 1991) to help understand when and how organizations create agility, adaptability, and alignment as distinct supply chain properties to gain sustainable competitive advantage. In operations management and supply chain management literature, RBV has highlighted the significance of resource heterogeneity, allocation, independency, utilization, and imitability in creating capabilities for the achievement of competitive advantage (Miller and Ross, 2003;Walker et al 2015;Hitt et al 2016Hitt et al , 2016aKetokivi, 2016). In this study, we investigate visibility as an important capability and antecedent of agility, adaptability, and alignment.…”

Section: Introductionmentioning

confidence: 99%

Supply chain agility, adaptability and alignment

Dubey

Altay

Gunasekaran

et al. 2018

IJOPM

319

174

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Purpose -To examine when and how organizations create agility, adaptability, and alignment as distinct supply chain properties to gain sustainable competitive advantage.Design/methodology/approach -The current study utilizes the resource-based view (RBV) under the moderating effect of top management commitment. To test our research hypotheses, we gathered 351 usable responses using a pre-tested questionnaire.Findings -Our statistical analyses suggest that information sharing and supply chain connectivity resources influence supply chain visibility capability, which, under the moderating effect of top management commitment, enhance supply chain agility, adaptability and alignment.Originality/value -Our contribution lies in: (i) providing a holistic study of the antecedents of agility, adaptability and alignment; (ii) investigating the moderating role of top management commitment on supply chain agility, adaptability and alignment; (iii) following the RBV and addressing calls for investigating the role of resources in supply chain management, and for empirical studies with implications for supply chain design.

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“…The resource-based view (RBV) is a renowned theory that has been used in many strategic management researches [12]. RBV centres on the argument that a firm's sustainable competitive advantage arises from its resources that are rare, valuable, hard or impossible to imitate or duplicate, and hard to substitute [13], [14].…”

Section: Resource-based Viewmentioning

confidence: 99%

“…While tangible resources are common in all businesses, intangible resources such as knowledge, goodwill, inter-personal relationships are also crucial in enhance firms' competitive advantage [15], [16]. According to Hitt [17], intangible resources are more likely to contribute to a firm's competitive advantage because their value cannot be easily substituted and they are more difficult to imitate [12], [14]. In essence, the ability for an organisation to utilize its resources, to perform sets of task to achieve a particular objectives, is a capability that enhances the organisations competitive advantage [18].…”

Section: Resource-based Viewmentioning

confidence: 99%

Sme Approach to Road Transportation Risk Management: Evidence From Nigeria

Ali

Hird

Tanko

et al. 2018

WIT Transactions on the Built Environment

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The main objective of this study is to investigate how SMEs manage freight transport risk. This study builds on the argument from the contingent resources-based view that, for sustainable competitive advantage, SMEs need to develop capabilities to manage road freight transport risk. These capabilities, consistent with the contingent resource-based view, are approaches in managing road freight transport risk which needs to be lots of unique skills, knowledge and other resources that are commensurate to both the size and the supply chain environment of the SME. To achieve the objective of this study, it is deemed necessary to carry out this research through the lens of SMEs. In doing so, this study adopts a qualitative approach to gain a deeper understanding of SMEs' approach to managing road freight transport risk. Data were collected through interviews from four case companies that were selected using a convenient and purposive sampling strategy. Findings indicated that the sampled SMEs have developed capabilities for managing road transport-related risk. While some of the risk management strategies such as internal control, driver's orientation and partnering with police are common among sampled SMEs, collaboration with partners, specifically with those along transport route, is unique to only one of the SMEs. This study contributes to both the literature and practice of supply chain risk management as it relates to road transportation risk management by being among the few studies that have investigated freight transport risk from an SME perspective.

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A current view of resource based theory in operations management: A response to Bromiley and Rau

Cited by 82 publications

References 21 publications

The impact of firms’ social media initiatives on operational efficiency and innovativeness

The impact of firms’ social media initiatives on operational efficiency and innovativeness

Supply chain agility, adaptability and alignment

Sme Approach to Road Transportation Risk Management: Evidence From Nigeria

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