There is a study suggested that there can be three performance attributes that are relevant to the dynamic capabilities that are proposed: these are timing, cost, and learning of resource deployment. The results of this study show that timing, cost, and learning effects strengthen the differences among firms with similar dynamic capabilities. The results also show that even small the initial differences among firms can bring out the significant intraindustry differential firm performance that occurs when there is a combination between the effects of timing, cost and learning. Dynamic capabilities are also defined as a set of specific and identifiable processes such as the development of a product, and the strategic decision making, as well as the alliancing of projects. These dynamic capabilities are not not vague as M.Kathlen
Therefore, education plays a big role in making developing countries to be more developed. By being more globalized, developing countries could gain better education access than before. Export and import activity could also transfer education from a country to another. So, learning education thought by others that are more professional or better from developed countries could help a lot on improving developing countries that might still be struggling to be a better country or to compete with other countries, especially in the global market. By doing an international trading, knowledge could be transferred from country to country.
A handful of resources can fulfil the techno-functional roles required in logistics sectors today thus it important to train more resources and make them capable of managing these complex systems. Many logistics providers opt for on-the-job training of employees but the industry lacks experts. There is also a dearth of Data Analytics resources who can interpret information being generated by the
Rogers proposes that four main elements influence the spread of a new idea: the innovation itself, communication channels, time, and a social system. Diffusion of Innovations theory (Rogers, 1995) suggests that the adoption of a new idea is a process whereby some people adopt innovations easily than others and those who adopt an innovation early have different characteristics than the ones who adopt an innovation later. The adopters were divided into 5 types: Innovators, Early adopters, Early majority, Late majority and Laggards. Rogers mentioned that relative advantage, compatibility, complexity, trialability and observability as the most important characteristics of an innovation explaining why it is being
For the true commercialization of MEMS, foundries must overcome the critical technological bottlenecks, the economic feasibility of integrating MEMS-based components, as well as the market uncertainty for such devices and applications. Cost reduction is critical and will ultimately result from better availability of infrastructure, more reliable manufacturing processes and technical
These four systems are highly dependent on ongoing, interrelated, and yet distinct technological developments. According to a review of the works of Fox14, Kirkegaard and Foged25, Lienhard and Knippers26, and Maia and Meyboom27, the following points summarize the hardware and software components that support responsive architecture. • Material systems: These systems are directly related to the hardware component developed by structural and mechanical
A review of previous important literature is a significant feature of any research study. This chapter begins with a summary of the concept of organisational culture. After presenting different models of organisational culture, the Competing Values Framework is comprehensively debated. This is followed by a discussion on the main concepts of this study: organisational culture and turnover intention. This section dedicated to applicable organisational studies conducted in the Sri Lnakan Information Technology sector.
Since IT is their core competency, companies usually require their technical staff to have proper industry training and certifications as well. For an IT company, offshore outsourcing increases access to a ready and skilled workforce at lower costs. This is a very important factor particularly because, in a competitive industry such as IT, steady access to a talented and skilled workforce is critical in generating innovative ideas that improve the company’s competitive advantages. So to access low-cost and well-educated talent, many IT companies are turning to offshore countries. For example, companies such as Cisco Systems, Intel, Motorola, and Microsoft have moved some R&D activities outside the US.
QR code readers, smart phones, high prices for small companies to manage inventory to prevent the use of custom hardware. Inventory management software is not necessarily simple or easy to learn. With the new system, both software and hardware, including the company's management team, to put it to use, time should be devoted to a study. Inventory management software, training manuals and other information is available to users include many items. Despite its apparent complexity, inventory management software gives companies the stability degree.
4.1.3 Dependency on service provider Dependency on service provider is one of the biggest issue. Businesses find it quite difficult and sometimes impossible while switching to one provider to other provider. As it seems painful in moving huge volume of data from old provider to new one. 4.2 Success factors The service provider being chosen must be trust worthy and provides a reliable service.As now a days the service providers are using latest technologies to provide user reliability and security. The website of the firm should be network intensive and should be responsive and available in order to achieve the good client relationship.