Dynamic capabilities can usefully be thought of as belonging to three clusters of activities and adjustments: (1) identification and assessment of an opportunity (sensing); (2) mobilization of resources to address an opportunity and to capture value from doing so (seizing); and (3) continued renewal (transforming). These activities are required if the firm is to sustain itself as markets and technologies change.
Content: Quotation
Author: David J. Teece
Source: Ivey Business Journal
Subjects: Management, Strategy
Author: David J. Teece
Source: Ivey Business Journal
Subjects: Management, Strategy
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