Answered! Using one (1) specific business example (real or fictitious) of a situation where socially complex resources and…

Using one (1) specific business example (real or fictitious) of a situation where socially complex resources and capabilities exist, illustrate how possessing these unique resources and capabilities can specifically translate into a positive impact on performance. Specifically, which performance measures (offer two) would you assess and why?

Expert Answer

Let us take the example of Graphic Designers, who come together to solve a divergent problem with lateral thinking to design a new Out-of-the-box- Game.

They must have Value in addressing current market opportunities and threats.Rarity – not many other companies have these valuable resources.

competitors that try to obtain the same resource, either by replication or substitution, find that they are either unable to do so or that it is very costly.

The Positive impact is coming out with an innovative game, increasing the revenue, brand name, vibrant work culture and motivated team. Collaboration, Creativity, team work and innovative way/design are some of the factors to be measured.

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