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The STEEPLE analysis - a framework which assesses the external factors of the business
The STEEPLE analysis is a real-world model where you analyse several factors that affect your company without you being able to influence them. It is available in several variants, including PEST and PESTEL. The difference is the number of factors included in the analysis.
The creator of the original model is Harvard Business School professor Francis J. Aguilar.
STEEPLE is short for
S - Social/demographic
T - Technological
E - Economic
E - Environmental
P - Political
L - Legal
E - Ethical
Section
0:00 Introduction of the author and the purpose of the model
1:01 Review of each letter in the Acronym
1:49 The Social/demographic factor in the analysis
3:29 The Technological factor in the analysis
4:27 The Economic factor in the analysis
5:47 The Environmental factor in the analysis
6:37 The Political factor in the analysis
8:31 The Legal factor in the analysis
9:25 The Ethical factor in the analysis
10:18 How to use the model
11:37 Example - car dealer
15:14 Criticism of the model
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Переглядів: 119

Відео

The Buy Grid Framework model; a decision making-process that focuses on buying behaviour on B2B
Переглядів 3383 місяці тому
The Buy Grid Framework model is a decision-making process model that focuses on buying behaviour and the decision-making process between companies (the Business-to-Business market). It was created by three professors, Patrick J. Robinson, Charles W. Faris, and Yoram Wind, in 1967. The model contains eight purchase phases and categorizes the purchase types into three categories: new task, modifi...
Knowing a winning business idea when you see one | Blue Ocean Strategy | The Buyer Utility Map
Переглядів 1,3 тис.10 місяців тому
The Buyer Utility Map helps you to identify which business ideas have real commercial potential. A common trap is that the management focuses on a product’s technical possibilities. Instead, they must concentrate on the product’s utility - identifying where and how the new product or service will change the customers' lives. It is less about a product's technical possibilities and more about it...
The VRIO analysis developed by Professor Jay B Barney
Переглядів 8 тис.Рік тому
The VRIO analysis is used to assess the strength of the company's core competencies. The VRIO analysis was developed by Jay B. Barney, an American professor of strategic management at the University of Utah. The model was published in the Journal of Management in 1991, Vol. 17, No. 1, 99-120. The titel of the article is ”Firm resources and Sustained Competitive Advantage”. The VRIO analysis is ...
John P Kotters 8 Stufen Modell für Change Management
Переглядів 1,7 тис.2 роки тому
Kotters 8 Stufen zur Veränderung. Der achtstufige Prozess von John P. Kotter zur Schaffung großer Veränderungen ist eines der bekanntesten Modelle für das Veränderungsmanagement. John P. Kotter ist ein pensionierter Professor für Führung an der Harvard Business School. Kotter ist außerdem Mitbegründer von Kotter International mit Sitz in Seattle und Boston. Kotters Artikel über „The eight stage...
Das Kulturmodell von Edgar Schein
Переглядів 2,5 тис.2 роки тому
Edgar Schein ist ehemaliger Professor an der MIT Sloan School of Management in Massachusetts, USA. Zudem ist er seit vielen Jahren als Berater in Organisationsentwicklung und Unternehmenskultur tätig. Edgar Schein war einer der führenden Kulturforscher, als die Kulturtheorie Anfang der 1980er Jahre aufkam. Nach dieser Theorie ist Kultur eine Metapher für die Organisation des Unternehmens. Edgar...
Das JOHARI Fenster Vermittelt ein besseres Verständnis von sich selbst und anderen Menschen
Переглядів 2602 роки тому
Das Johari-Fenster, benannt nach den Vornamen seiner Erfinder, Joseph Luft und Harry Ingham, wurde 1955 veröffentlicht. Das Fenster soll Ihnen helfen, sich selbst und andere Menschen in der Kommunikation zwischen Ihnen besser zu verstehen. Das Modell ist ein Kommunikationsfenster, das aus vier Quadranten besteht. Dies sind der offene Quadrant, der blinde Quadrant, der verborgene Quadrant und de...
Die Kritische Diskursanalyse von Norman Fairclough
Переглядів 6462 роки тому
Norman Fairclough (geb. 1941) ist emeritierter Professor für Linguistik an der Lancaster University in England. Er ist einer der Begründer der kritischen Diskursanalyse (CDA) in ihrer Anwendung in der Soziolinguistik. CDA befasst sich damit, wie Macht durch Sprache ausgeübt wird. Das Video auf Englisch ua-cam.com/video/3w_5riFCMGA/v-deo.html Abschnitt 0:00 Einführung des Autors und des Zwecks d...
Moore's Life Cycle or The Market Development Life Cycle model developed by Geoffrey A. Moore
Переглядів 2,1 тис.2 роки тому
Get your product crossing the chasm and further up the life cycle with innovation and leadership. The Market Development Life Cycle model also called Moore's Life Cycle was developed by Geoffrey A. Moore. The model provides an insight into innovating within established enterprises and the Leadership style corresponding to the different innovation types used in Moore's Life Cycle. The review of ...
David A Kolbs learning cycle
Переглядів 69 тис.3 роки тому
The Experiental learning model also called Kolb’s learning cycle was developed by David A. Kolb. The model provides an insight into how individuals learn. The model was published in a book entitled “Experiential Learning” in 1984. David A. Kolb was a professor of organizational behavior and management at the MIT Sloan School of Management and at the Weatherhead School of Management, Case Wester...
Raymond Miles and Charles Snow Organizational Strategy, Structure, and Process
Переглядів 15 тис.3 роки тому
The review of the model is based on the book “Organizational Strategy, Structure, and Process” published in 1978. Miles and Snow argued that companies develop their adaptive strategies based on their perception of their environment. The different organization types view their environments in different ways, causing them to adopt different strategies. These adaptive strategies allow some organiz...
Deal and Kennedy Corporate Cultures; The Rites and Rituals of Corporate Life;
Переглядів 9 тис.3 роки тому
The review of the model is based on the book “Corporate Cultures; The Rites and Rituals of Corporate Life” published in 1982. The model consists of four dominant forms of culture. Each of these cultural types has different types of heroes, rituals, and ceremonies, and their strengths and weaknesses are also different. The model can help you understand the different cultures and motivate your em...
The four quadrant model of organizational change by David Boddy and David Buchanan
Переглядів 4 тис.3 роки тому
The review of the model is based on the book “The Expertise of the Change Agent - Public Performance and Backstage Activity” published in 1992. The model can help you understand the organization’s response to the change you implement. In the model, you have to see yourself as a change agent. This model is a tool that all change agents, often also called project managers, can use in projects. Th...
Competing Values Framework introduction the tool OCAI by Robert E Quinn and Kim S Cameron
Переглядів 39 тис.3 роки тому
Link for OCAI www.ocai-online.com/ The review of the model is based on the book “Diagnosing and Changing Organizational Culture Based on the Competing Values Framework” third edition published in 2011. The model can help you diagnose and initiate change in your organisational culture. The Competing Values Framework gives a classification of four corporate cultures, which indicates how a company...
Boston Consulting Group Matrix; The model is part of a portfolio analysis of products in a SBU
Переглядів 24 тис.4 роки тому
Boston Consulting Group developed the Boston matrix in the early 1970s. It is a tool for clarifying how resources are best spent on the company's products to achieve the highest revenue. A company must continuously look at how its business areas are doing. A business area is also called an SBU, which stands for the Strategic Business Unit, which is an area of products that have independent mana...
Edgar Schein's Culture Model
Переглядів 117 тис.4 роки тому
Edgar Schein's Culture Model
Business Canvas Model developed by Alex Osterwalder and Yves Pigneur
Переглядів 28 тис.4 роки тому
Business Canvas Model developed by Alex Osterwalder and Yves Pigneur
Situational Leadership 2 of Kenneth Blanchard and Paul Hersey
Переглядів 104 тис.4 роки тому
Situational Leadership 2 of Kenneth Blanchard and Paul Hersey
TOWS analysis
Переглядів 23 тис.5 років тому
TOWS analysis
The rhetorical compass
Переглядів 1,4 тис.5 років тому
The rhetorical compass
Kotters 8 steps leading change
Переглядів 186 тис.5 років тому
Kotters 8 steps leading change
Segmentation
Переглядів 2 тис.6 років тому
Segmentation
SWOT Analysis
Переглядів 5 тис.6 років тому
SWOT Analysis
The dynamic capabilities of Firms David Teece and Gary Pisano
Переглядів 26 тис.6 років тому
The dynamic capabilities of Firms David Teece and Gary Pisano
Fairclough Critical Discourse Analysis
Переглядів 207 тис.6 років тому
Fairclough Critical Discourse Analysis
The 4Ps of innovation space
Переглядів 63 тис.6 років тому
The 4Ps of innovation space
Tannenbaum and Schmidt The Continuum of Leadership Behavior Theory
Переглядів 13 тис.7 років тому
Tannenbaum and Schmidt The Continuum of Leadership Behavior Theory
NINE STAGE MODEL OF CONFLICT ESCALATION
Переглядів 30 тис.7 років тому
NINE STAGE MODEL OF CONFLICT ESCALATION
Igor Ansoff Matrix
Переглядів 13 тис.7 років тому
Igor Ansoff Matrix
Hackman and Oldham The Job Characteristics Model
Переглядів 69 тис.7 років тому
Hackman and Oldham The Job Characteristics Model

КОМЕНТАРІ

  • @bennysibiya1973
    @bennysibiya1973 День тому

    Thank you so much, this was valuable explanation which which brought about great understanding of the model

    • @flixabout
      @flixabout День тому

      @bennysibiya1973 Glad it was helpful! We hope you tell others about it and subscribe to our channel.

  • @edelmiraccotocuri1349
    @edelmiraccotocuri1349 16 днів тому

    the language shapes our behaviour!! thanks for your video, it was excellent!

    • @flixabout
      @flixabout 16 днів тому

      @edelmiraccotocuri1349 Glad you liked it! We hope you tell others about it and subscribe to our channel.

  • @christinenjeri3074
    @christinenjeri3074 18 днів тому

    Ave learned alot👏🏾

    • @flixabout
      @flixabout 18 днів тому

      @christinenjeri3074 Glad it was helpful! We hope you tell others about it and subscribe to our channel.

  • @devshahin
    @devshahin 24 дні тому

    That's good

    • @flixabout
      @flixabout 23 дні тому

      @devshahin Glad you liked it! Hope you tell others about our channel and subscribe.

  • @MorrisFilmPhoto
    @MorrisFilmPhoto Місяць тому

    Thanks 4 ⭐️ Video! Great 5F Theory!! Reality recheck!!! In short, the problem with these "Theories" is that most people believe in them as being Science & Natur Forces!!!! Only theory existing working 90% correct is Einstein, the rest is as true as trowing Dices = Chances 😎still itvwas mention as Government = Influence / Corrupt and 😅 and 2nd as important "Chances" 😂 which is Exactly my given po(.)nt👍 And here we have future Accountants telling US All how they world should look like, and it's Main Factors are Government (less) Control or 🧊 Chance = Advanced Chaos Theory would be a better world, and it does actually exist 👋 Still, Thanks 4 Great Video and Great (AC) Theory!!

    • @flixabout
      @flixabout Місяць тому

      @MorrisFilmPhoto Glad you liked it! Hope you tell others about our channel and subscribe.

  • @taradnair7707
    @taradnair7707 Місяць тому

    very nicely explained, thank you

    • @flixabout
      @flixabout Місяць тому

      @taradnair7707 You are welcome! Hope you tell others about our channel and subscribe.

  • @atihcnas
    @atihcnas 2 місяці тому

    This is the most clear on point presentation

    • @flixabout
      @flixabout 2 місяці тому

      @atihcnas Glad you liked it! Hope you tell others about our channel and subscribe.

    • @atihcnas
      @atihcnas 2 місяці тому

      @@flixabout I will definitely refer.

    • @flixabout
      @flixabout 2 місяці тому

      @atihcnas Thanks

  • @JohnSherwood-so6ok
    @JohnSherwood-so6ok 2 місяці тому

    Typo at 14:48. Please fix.

    • @flixabout
      @flixabout 2 місяці тому

      @JohnSherwood-so6ok Thank you for your response. We will change it next time we make an update.

  • @palesamashigoane5550
    @palesamashigoane5550 2 місяці тому

    How does theory affect staff retention

    • @flixabout
      @flixabout 2 місяці тому

      @palesamashigoane5550 Thank you for your response. The model does not directly deal with personnel retention. However, you can say that if information and orders come from the top to the bottom of the model, and those at the operational level are never heard higher up, then it will affect staff retention. We hope the answer makes sense. We also hope you tell others about our channel and subscribe.

  • @Frasha313
    @Frasha313 2 місяці тому

    Thank you a lot I've found this vid is helpfull. Pray for me to have great grades in my exams.

  • @Frasha313
    @Frasha313 2 місяці тому

    Thank you a lot I've found this vid is helpfull. Pray for me to have great grades in my exams.

  • @Frasha313
    @Frasha313 2 місяці тому

    Thank you a lot I've found this vid is helpfull. Pray for me to have great grades in my exams.

    • @flixabout
      @flixabout 2 місяці тому

      @Frasha313 Glad it was helpful and we hope you have a good exam! We hope you tell others about the video and subscribe to our channel.

  • @Frasha313
    @Frasha313 2 місяці тому

    Thank you a lot I've found this vid is helpfull. Pray for me to have great grades in my exams.

    • @flixabout
      @flixabout 2 місяці тому

      @Frasha313 Glad it was helpful and we hope you have a good exam! We hope you tell others about the video and subscribe to our channel.

    • @Frasha313
      @Frasha313 2 місяці тому

      @@flixabout well, I subscribed and I shared the video with my friends who want to do the Competitive examination for postgraduate master's studies، since we have this reference in our study. May I share it on my channel as well?

    • @flixabout
      @flixabout 2 місяці тому

      @Frasha313 You are very welcome to share the video on your channel. We hope that many will benefit from the video.

    • @Frasha313
      @Frasha313 2 місяці тому

      @@flixabout I am so glad that you accepted my request. Thank you, I will for sure.

  • @elinsoderqvist1433
    @elinsoderqvist1433 2 місяці тому

    Amazing video. Thank you so much.

    • @flixabout
      @flixabout 2 місяці тому

      @elinsoderqvist1433 Our pleasure! We hope you tell others about our channel and subscribe to the channel.

  • @pamelagarcia4692
    @pamelagarcia4692 2 місяці тому

    Thank you so much, is there a survey that uses this theory?

    • @flixabout
      @flixabout 2 місяці тому

      @pamelagarcia4692 Thank you for your kind response. Herzberg proposed the Motivation-Hygiene Theory in 1959 in the book ”The Motivation to Work.” The Theory is also known as the two-factor Theory of job satisfaction. You can find more information about using the model in this book or, better yet, later publications. I hope the answer helps you. We also hope you tell others about our channel and subscribe.

  • @user-zn1ke1zq3e
    @user-zn1ke1zq3e 3 місяці тому

    A bored speech

    • @flixabout
      @flixabout 3 місяці тому

      @user-zn1ke1zq3e Thank you for your interest. We recommend using a speed of 1.25 or 1.5 when listening to our movies. If you want to listen to the speech and read the text of the model itself and the subtitles simultaneously, it is best to stay at 1.00x speed. Thanks again for your interest.

  • @julyeenhtut9227
    @julyeenhtut9227 3 місяці тому

    Thanks for sharing

    • @flixabout
      @flixabout 3 місяці тому

      @julyeenhtut9227 Thank you for your response. We hope you tell others about our channel and subscribe to the channel.

  • @user-mz4kp8hh8q
    @user-mz4kp8hh8q 3 місяці тому

    Professor recommended this video for a quick rundown of the Kraljic matrix and this is amazing! Thank you!

    • @flixabout
      @flixabout 3 місяці тому

      @user-mz4kp8hh8q Glad you liked it! You can tell your professor we are happy he has recommended us. We are two ass. Professors from Denmark. You are welcome to put your professor in touch with us. We always want to hear from people who use and recommend our channel.

  • @mohamadelbaalawi395
    @mohamadelbaalawi395 3 місяці тому

    amazing video

    • @flixabout
      @flixabout 3 місяці тому

      @mohamadelbaalawi395 Thank you very much for your kind response! We hope you tell others about our channel and subscribe to the channel.

  • @oluchifaith12
    @oluchifaith12 3 місяці тому

    This video really helped me . ❤

    • @flixabout
      @flixabout 3 місяці тому

      @oluchifaith12 Glad it was helpful! We hope you tell others about it and subscribe to our channel.

  • @hamdiaadjieteh
    @hamdiaadjieteh 3 місяці тому

    Best ❤

    • @flixabout
      @flixabout 3 місяці тому

      @hamdiaadjieteh Thank you very much! Hope you tell others about our channel and subscribe.

  • @azizbanai6587
    @azizbanai6587 3 місяці тому

    ❤ great explanation

    • @flixabout
      @flixabout 3 місяці тому

      @azizbanai6587 Thank you very much! Hope you tell others about our channel and subscribe.

  • @nafilanafi4883
    @nafilanafi4883 3 місяці тому

    Is flairclough's analysis based on language and power in advertisement ?

    • @flixabout
      @flixabout 3 місяці тому

      @nafilanafi4883 Not only in advertisements but in the language in general. For instance, also in politics, campaigns, organizations, etc. It is about the power of language.

  • @CimolOk-nz5yj
    @CimolOk-nz5yj 4 місяці тому

    🎯 Key Takeaways for quick navigation: 00:00 📘 *Introduction to VRIO Analysis* - Introduction to the concept of VRIO analysis by J.B. Barney. - Origins and publication details of the VRIO model. - Basic overview of resource-based theory and its focus on internal characteristics for competitive advantage. 00:42 🔄 *VRIO vs. Porter's Five Forces* - Comparison between VRIO analysis and Porter's Five Forces. - Emphasis on internal vs. external factors in assessing performance and profit potential. - Introduction to the basic concepts of VRIO: resources, capabilities, and sustainable competitive advantage. 01:38 📊 *VRIO Model Components* - Explanation of the VRIO acronym and its evaluation dimensions. - Detailed description of the horizontal dimensions assessing competitive situations. 03:36 🔍 *Detailed Analysis of VRIO Elements* - Deep dive into the four vertical VRIO elements: Valuable, Rare, Inimitable, Organized. - Examples and questions to assess each element's contribution to competitive advantage. 06:22 🛠️ *Performing VRIO Analysis Steps* - Step-by-step guide on conducting a VRIO analysis. - Instructions on finding, defining, and analyzing resources to assess competitive advantages. 11:51 🚗 *Toyota VRIO Analysis Example* - Application of the VRIO analysis on Toyota's brand and resources. - Assessment of Toyota's core competencies, strengths, and areas of competitive parity and advantage. 15:04 🆚 *Comparison and Criticism* - Comparison between Porter's Value Chain Analysis and Barney's VRIO Analysis. - Criticism of the VRIO model and its empirical challenges. - Discussion on the strengths of the VRIO analysis in organizational resource focus and improvement areas. Made with HARPA AI

    • @flixabout
      @flixabout 4 місяці тому

      @CimolOk-nz5yj Thanks - Great work. Hope you tell others.

  • @camarageita8115
    @camarageita8115 4 місяці тому

    I’m just finding out about this model now. Thanks

    • @flixabout
      @flixabout 4 місяці тому

      @camarageita8115 Glad it was helpful! Hope you tell it to others and subscribe to our channel.

  • @user-wh7dy8qt2r
    @user-wh7dy8qt2r 4 місяці тому

    Можно перевод на казахский язык

    • @flixabout
      @flixabout 4 місяці тому

      sorry we cannot answer as the language is unknown to us

  • @MRTadel
    @MRTadel 5 місяців тому

    Your Vidoe guides me through my next Exam ❤

    • @flixabout
      @flixabout 5 місяців тому

      @MRTadel Happy to hear that! Hope you tell others about our channel and subscribe.

  • @Lxeexx
    @Lxeexx 5 місяців тому

    Lovely video. Clear explanation nice breakdown, really cool that you go with the pros and cons and overall an interessting video to watch. Thank´s for the work

    • @flixabout
      @flixabout 5 місяців тому

      @Lxeexx Glad you enjoyed it! Hope you tell others about our channel and subscribe.

  • @gerardawombadek
    @gerardawombadek 5 місяців тому

    Very helpful video

    • @flixabout
      @flixabout 5 місяців тому

      @gerardawombadek Glad you think so. Hope you tell others about our channel and subscribe.

  • @ahmaddawood8896
    @ahmaddawood8896 6 місяців тому

    Thanks a lot. I'm from Syria. Is there a written copy of this explanation?

    • @flixabout
      @flixabout 6 місяців тому

      @ahmaddawood8896 Glad you like our explanation of the model. Unfortunately, we do not make a transcription of our voiceover. Hope you tell others about our channel and subscribe.

  • @winniefredcindrella1469
    @winniefredcindrella1469 6 місяців тому

    Sir Edgar you have explained to.me very well the models in a simplified manner and easy to understand. Why not subscribe? Thank you very much. Love from UGANDA the pearl of AFRICA

    • @flixabout
      @flixabout 6 місяців тому

      @winniefredcindrella1469 Glad you think that our explanation is helpful! Hope you tell it to others and subscribe to our channel. Down in the left corner with our logo.

  • @Potencyfunction
    @Potencyfunction 7 місяців тому

    Is a good explication for motivational factors in employment. We had this theory at Academic study modul and it was very helpfull for a long time vision on future carriere and setting of the work place physical and envriormental. Whan one have understood that , than it know better its own direction for future profitability and outcomes. Some people lack this knowlwdge and they strive to be where they are not wanted.

    • @flixabout
      @flixabout 7 місяців тому

      @anonymus99591 Glad you think that our explication is helpful! Hope you tell it to others and subscribe to our channel.

  • @ALR2320
    @ALR2320 8 місяців тому

    Thank you so much for your explanation. I have a quick question: if the buyer's demand increases, in this case how the following forces will be The threat of new entrants = ( Low or High or Medium)? Threat of substitutes = ( Low or High or Medium)? Rivalry among existing companies = ( Low or High or Medium)? Bargaining power of buyers = ( Low or High or Medium)? Bargaining power of suppliers = ( Low or High or Medium)? By your explanation, I figured out that rivalry among existing will be (Lower). But what about the other forces?

    • @flixabout
      @flixabout 8 місяців тому

      @RSAL232 It depends on how difficult it is to meet the increased requirements. If it is easy and no one in the industry wants to meet the new requirements, there will be new entrants. The Threat of new entrants is high. You can make the same analogy inference for the rest of the elements in the figure. Difficult to do - low bargaining power of buyers - Easy to do - high bargaining power of buyers. Hope the answer makes sense. Otherwise, you are very welcome to contact us again. Hope you tell others about our channel and subscribe to it.

  • @potaTOESneigbor
    @potaTOESneigbor 9 місяців тому

    very potatolikey... i wanna graduate potatoplese

    • @flixabout
      @flixabout 9 місяців тому

      @potaTOESneigbor Thank you for your response. I interpret that as positive feedback. Hope you tell others about our channel and subscribe to it.

  • @JB-hs8rz
    @JB-hs8rz 9 місяців тому

    Summary: Dynamic Capabilities of Firms by David Teece and Gary Pisano Background: David J. Teece is a Professor at the University of California, and Gary Pisano is a Professor at Harvard Business School. They introduced the "Appropriability Regimes" model which explains how companies can prevent their innovations from being easily copied by competitors. Appropriability Regimes Model: Appropriability combines the concepts of property and replicability. It looks at the ease of replication of innovations and how effective intellectual property rights are at preventing imitation. The model has two main categories: Inherent Replicability (how easy/hard it is to imitate a product/service). Intellectual Property Rights (the strength of patents, trademarks, etc., which can be loose or tight). Four fields result from these categories, indicating if a firm's innovations are weak, moderate, or strong in protection: Weak: Easy to copy with loose intellectual property rights. Moderate (First Type): Difficult to copy, but with loose intellectual property rights. Moderate (Second Type): Easy to copy, but with strong intellectual property rights. Strong: Difficult to copy and protected by strong intellectual property rights. Examples: Weak Field: Standard clothes without trademarks or common industrial screws. First Moderate Field: IKEA's unique logistics system, or online platforms like Amazon and Alibaba that possess hard-to-imitate knowledge about their customers. Second Moderate Field: Pfizer's patented drugs, Apple and Lego's strong trademarks. Strong Field: Pfizer and Apple's research and development prowess, or IKEA's ownership of prime real estate. Strategic Dimensions of Firms: Teece and Pisano argue that firms need dynamic capabilities and categorize them under three strategic dimensions: Organizational and Managerial Processes: Integration: Coordination within and outside the company. Learning: Improvement via repetition and experimentation. Reconfiguration and Transformation: Adapting to changing environments faster than competitors. Position: Four assets: Technological (know-how and patents), Complementary (distribution channels, service capability), Financial (cash position, balance sheet), and Locational (geographic advantages). Paths: Past, present, and future routes a firm takes, influenced by fixed costs, core rigidities, and technological opportunities. Criticism: The model doesn't clearly define what qualifies as "loose" or "tight" in terms of intellectual property rights or clarify when replication is deemed easy or hard. It doesn't specify the competencies a company should acquire or the direction to pursue. The only clear advice is that doing nothing leads to a company's decline. In essence, the Dynamic Capabilities model emphasizes that firms need to innovate continuously and adapt to changing market environments to remain competitive. While the model provides a framework for understanding these dynamics, it has been critiqued for lacking specifics.

    • @flixabout
      @flixabout 9 місяців тому

      @JB-hs8rz Thanks for updating the model. Hope you tell others about our channel and subscribe to it.

  • @Potencyfunction
    @Potencyfunction 9 місяців тому

    Do you have a video translation for hindi subtitle comments?

    • @flixabout
      @flixabout 9 місяців тому

      @anonymus99591 Under settings you can touch subtitles followed by Auto-translate and then pick Hindi. Hope that answers your question, otherwise feel free to get in touch again. Hope you tell others about our channel and subscribe to our channel.

  • @lorrdlena5964
    @lorrdlena5964 9 місяців тому

    informative ands insightful video. It helps me in my Post Grad presentation. Shukran Jazilan.

    • @flixabout
      @flixabout 9 місяців тому

      @lorrdlena5964 Glad it was helpful! Hope you tell it to others and subscribe to our channel.

  • @jeremylewis674
    @jeremylewis674 10 місяців тому

    This is complete garbage salad.

    • @flixabout
      @flixabout 9 місяців тому

      @jeremylewis674 Thank you for your response. Unfortunately, I can't understand what you mean. Feel free to try again.

  • @neika_404
    @neika_404 10 місяців тому

    Wow, I'm surprised at the dog example for Samsung watches 😮

    • @flixabout
      @flixabout 10 місяців тому

      @oneikagoode5241 Hi Yes your right. They are still on the market and have developed new models. They are today taking on Apple, the best-selling brand in the world, followed by Xiaomi and Huawei. It seems like Samsung wants to be in every category of electronics. It is a strategic choice that cannot be explained by the Boston matrix. Hope our example still makes sense. We choose to write about well-known brands and products, otherwise the examples make no sense to the viewers.

    • @neika_404
      @neika_404 10 місяців тому

      @flixabout thanks for further explaining, and I understand your examples. I just thought that they were doing really well in the market and bot to end up in the dog category. More like in the cow 🙊

    • @flixabout
      @flixabout 10 місяців тому

      @oneikagoode5241 It could be fun to see where they place themselves.

  • @SaifUllah-cl8nw
    @SaifUllah-cl8nw 10 місяців тому

    Excellent thanks

    • @flixabout
      @flixabout 10 місяців тому

      @SaifUllah-cl8nw. You are welcome. Hope you tell it to others and subscribe to our channel.

  • @madhumitadas5862
    @madhumitadas5862 10 місяців тому

    Very lucid explanation..

    • @flixabout
      @flixabout 10 місяців тому

      @madhumitadas5862 Glad you think so! Hope you tell it to others and subscribe to our channel.

  • @LD-wf2yt
    @LD-wf2yt 11 місяців тому

    The title of the article that John Kotter wrote in 1995 was "Leading Change: Why Transformation Efforts Fail". In which he mentioned, Error 1: "Not Establishing a Great Enough Sense of Urgency", Error 2: Not creating ... Error 3: Lacking a vision and so on. I personally prefer this pre-mortem like approach to the "positive" thinking one. In other words, use any model you like but pay attention to Kotter's - negatives.

    • @flixabout
      @flixabout 11 місяців тому

      @LD-wf2yt Thank you for your response. You are absolutely right. If too little is done in each of the 8 steps, the change will fail. Like you, I would recommend that everyone read the 1995 article before making a major change in their organization. It lists the biggest pitfalls in each of the 8 steps of the model. We hope you tell others about our channel.

  • @austindorman_
    @austindorman_ 11 місяців тому

    Super helpful! Thank you!

    • @flixabout
      @flixabout 11 місяців тому

      @austindorman_ Glad it was helpful! Hope you tell it to others and subscribe to our channel.

  • @sithuminijayasekara4782
    @sithuminijayasekara4782 11 місяців тому

    Thank you. it's very useful.

    • @flixabout
      @flixabout 11 місяців тому

      @sithuminijayasekara4782 You're welcome. Hope you tell it to others and subscribe to our channel.

  • @ruthdavid8700
    @ruthdavid8700 11 місяців тому

    Very very helpful, thanks 👍

    • @flixabout
      @flixabout 11 місяців тому

      @ruthdavid8700 Glad it was helpful! Hope you tell it to others and subscribe to our channel.

  • @user-pm9sm7jq4o
    @user-pm9sm7jq4o 11 місяців тому

    Thank you

    • @flixabout
      @flixabout 11 місяців тому

      @user-pm9sm7jq4o You're welcome. Hope you tell it to others and subscribe to our channel.

  • @mahmoudinbaya3741
    @mahmoudinbaya3741 11 місяців тому

    It was so difficult to understand such a theory from a real book and it may take longer time to be done. In contrast, your vedio makes it easy to understand and so interesting to watch because of the profeciency of your performance.

    • @flixabout
      @flixabout 11 місяців тому

      @mahmoudinbaya3741 Glad you enjoyed it! Hope you tell it to others and subscribe to our channel.

  • @nicolewong6972
    @nicolewong6972 11 місяців тому

    Can you suggest books to read or references I can cite from this video?

    • @flixabout
      @flixabout 11 місяців тому

      @nicolewong6972 In 1985 Kenneth Blanchard introduced situational leadership II also called the SL II theory in the book ”A Situational Approach to Managing People”. Hope that answers your question. You are welcome to subscribe to our channed and to recommend our site to others.

    • @nicolewong6972
      @nicolewong6972 11 місяців тому

      @@flixabout awesome thanks man, working on a theoretical framework for my thesis on leadership style of a student theatre production, felt that this theory is a good fit.

    • @flixabout
      @flixabout 11 місяців тому

      @nicolewong6972 Glad you think so!

  • @alankuntz6494
    @alankuntz6494 Рік тому

    That translation was great , Joseph Love and Harry Lingham.hahaha

    • @flixabout
      @flixabout Рік тому

      @alankuntz6494 Glad you enjoyed it

  • @mohiniyadav3141
    @mohiniyadav3141 Рік тому

    😍😍😍

    • @flixabout
      @flixabout Рік тому

      @mohiniyadav3141 Glad you think so! Hope you tell it to others and subscribe to our channel.