Business strategy at times of crisis: leveraging core competencies to sustain competitive advantage

被引:0
|
作者
Marom, Shaike [1 ]
Lussier, Robert N. [2 ]
机构
[1] Zefat Acad Coll, IL-1320611 Safed, Israel
[2] Springfield Coll, Springfield, MA 01109 USA
关键词
business strategy; competitive advantage; core competencies; dynamic capabilities; sustainable competitive advantage; multinational corporations; business environment; external environment; crisis situation; COVID-19; RESOURCE-BASED VIEW; DYNAMIC CAPABILITIES; FIRM; FLEXIBILITY; UNCERTAINTY; PERFORMANCE; MANAGEMENT; INNOVATION; IMITATION; FIELD;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
How can business strategy be used to maintain a sustainable competitive advantage during a major crisis using dynamic capabilities? Business strategy and sustainable competitive advantage changes implementing dynamic capabilities are the drivers of company success during a crisis, without such changes a company will lose its competitive advantage and may not survive the crisis. This article methodology is a descriptive applied research analysis empirical investigation of how MNC executives used their core competencies in novel approaches towards fighting against the COVID-19 pandemic combining social relief together with strategic moves aimed at strengthening their core competencies.
引用
收藏
页码:321 / 337
页数:17
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