Distinctive Capabilities, Strategic Management Assignment Help

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Distinctive Capabilities Kay

How can business strategies contribute value? What discerns the successful busniess firm is the key question in business strategy, and one which senior managers systematically ask themselves.

Companies with classifiable capacities have dimensions which others not have and cannot duplicate, not even after they recognize the benefit they extend to the business firm which primitively owns them.

In "Foundations of Corporate Success", John Kay debates that the best business concern derive their intensity level from a classifiable structure of relationships with customers,  suppliers and employees. He explicates why stability  and continuity in these relationships is necessity for  co-operative  and flexible response to change.

According to John Kay, there are three Distinctive Capabilities which a business firm can own to make added value and attain competitive advantage via relationships:

  •           Clients own experience.
  •           Quality signals.
  •           Free trials and Demonstrations.
  •           Guarantee.
  •           Warranty
  •           Word of mouth spreading.
  •           Connection with other brands.
  •           Staking the repute once it is accomplished.

 

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