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This podcast is dedicated to research in the field of general management. We provide you with information about our recent studies, interesting academic discoveries, as well as practical implications of research for managers and firms.
Episodes
Tuesday Dec 13, 2022
Tuesday Dec 13, 2022
Welcome to the next episode of my podcast!
Today we talk about how to measure a capability. Before we dive into the measurement topic, we need to understand the structure of a capability, e.g. what exactly we are going to measure.
My approach is based on evolutionary logic: the notion by Teece (2007) to approach a dynamic capability using the sensing, seizing, and reconfiguration capacities holds for all other capabilities. Each organisational capability is triggered by something an, thus, requires sensing to notice this trigger. Then, a decision is made, i.e. the seizing capacity is engaged. Finally, the decision has to be implemented, or, put differently, a firm need to reconfigure its resources using its reconfiguration capacity. Would you agree with this logic? Leave your thought in the comments section below!
Best
Eugene (Yevgen)
PS. Errata: In the episode, I say that a dynamic capability belongs to the class of organisational capabilities and that is why the features of a DC are transferable to any other organisational capability. You have probably noticed the logical fallacy: the opposite is true - the features of the class are transferable to the sub-category. Yet, the overall statement holds - as any organisational capability underlies the evolutionary logic (at least according to some of the conceptualisation of organisational capabilities), the notion of stimulus-response will hold for DC too.
Tuesday Dec 06, 2022
Tuesday Dec 06, 2022
Hello and welcome to the next episode of my podcast!
Today we talk about dynamism. If you ask someone (anyone) whether his or her industry is dynamic, he or she will tell you "yes". But is it really so? And how to distinguish between dynamic industries, where one needs a strong dynamic capability, and a moderately dynamic industry, where normal routine dynamics will suffice?
In this episode, we talk about three key variables defining the dynamism within your industry - frequency, magnitude, and irregularity of change. Enjoy, comment, share, and subscribe - it does matter!
Best
Eugene (Yevgen)
Monday Nov 28, 2022
Monday Nov 28, 2022
Good evening everyone
I am a bit late today - as always research and teaching demand time ;)
Today, I talk about ambidexterity - the ability of an organisation to perform exploitation and exploration activities simultaneously. Put differently, it is about whether an organisation with limited resources can earn money and shape new opportunities at the same time. I hope you enjoy this short show!
Meanwhile, feel free to comment, share this episode with your friends and colleagues, and subscribe to my show - it does matter!
Best
Eugene (Yevgen)
Tuesday Nov 22, 2022
Tuesday Nov 22, 2022
Hello and welcome to the next episode of my podcast!
Today we continue talking about future studies and foresight and whether these concepts fit into the Dynamic Capabilities View. We look at the main difference between some of the exercises aimed at developing a dynamic capability and a foresight capability.
Enjoy, share, comment, and subscribe - it does matter!
Best
Eugene (Yevgen)
Tuesday Nov 15, 2022
Tuesday Nov 15, 2022
Hello everybody
In my today's show, I continue talking about organisational capabilities and, in particular, foresight capability. In one of his recent papers, Matthias Wenzel criticised the concept of foresight capability as conceptualised by Alessandro Fergnani. In this episode, I address two of the weaknesses of the idea.
Enjoy, write your opinion in the comments section, share this episode, and subscribes - it does matter!
Best
Yevgen (Eugene)
Monday Nov 07, 2022
Monday Nov 07, 2022
Welcome, dear friends and colleagues!
In his recent Academy of Management Perspectives (#amp) paper, Alessandro Fergnanni (2022) introduced the notion of foresight capability into strategic management (#strategicmanagement) and organisational theory (#organisationaltheory). He proposed to approach the capability as a type of dynamic capability (#dynamiccapability) as both capabilities have a lot in common. The foresight capability aims at preparing organisations for different #futures. According to the scholar, foresight capability is related to the (sustained) competitive advantage (#competitveadvantage). Interested? Stay with me during this episode and share your opinion in the comments section below!
Enjoy, share, subscribe, and comment - it does matter!
Best
Eugene (Yevgen)
Monday Oct 31, 2022
Monday Oct 31, 2022
Hello dear friends and colleagues
Today, we discuss a very interesting sub-concept of dynamic capabilities - Dynamic Managerial Capabilities. In 2003 Adner and Helfat proposed this notion in order to emphasise the role of an individual manager as dynamic capabilities discussion seemed to lack this aspect. They presented their vision on the micro-foundations of the proposed concept. In this episode, I elaborate on their idea. Enjoy!
And feel free to share, subscribe, and comment - it does matter (for me personally rather than for the podcast stats ;) )
Best
Eugene (Yevgen)
Monday Oct 24, 2022
Monday Oct 24, 2022
Hello everybody
In our today's show, I talk about a concept closely related to the concept of dynamic capabilities. Absorptive capacities relate to the ability of an organisation to acquire new knowledge. Actually, the concept is pretty straightforward: if you want to acquire new knowledge, you have to be ready for it and you need to have other knowledge that is a kind of prerequisite to the focal knowledge. E.g. if you want to adopt AI in your firm, you need to know not only what AI is but you also need to be able to describe your processes, have experience in optimising your processes, and your need to have the necessary personnel and infrastructure. If you are not ready to absorb, the new technology (or even the needed personnel) will not find the "place" in your firm.
Enjoy, comment, share, and subscribe - it does matter to me personally!
Best
Eugene (Yevgen)
Monday Oct 17, 2022
Monday Oct 17, 2022
Hello everyone!
This episode of my podcast is dedicated to one of the debates in the field of dynamic capabilities. In the year 2000, Eisenhardt and Martin wrote a paper where they suggested that a dynamic capability as a routine cannot work under conditions of high environmental dynamism. They proposed the "rules of thumb" that we usually call heuristics - a kind of mental shortcut to reduce the complexity of the environment and speed up decision-making. But can an organisational (dynamic) capability have a form of a heuristic?
We discuss this issue in this episode! Enjoy!
Best
Eugene (Yevgen)
Tuesday Oct 11, 2022
Tuesday Oct 11, 2022
Hello and welcome!
Today we talk about the next aspects of the topic of organisational capabilities - the structure of a dynamic capability of the firm. There are several approaches. However, the approach by Teece (2007) is the most popular one. According to his view, a dynamic capability is formed by three capacitities:
- sensing capacity, i.e. a capacity of a firm to sense and shape market change,
- seizing capacity, i.e. a capacity of a firm to seize an opportunity, and
- reconfiguration capacity, i.e. a capacity of a firm to reconfigure resource base of the firm in order to implement the decision made.
More details and some criticism in this episode - enjoy, comments, share, and subscribe. It does matter!
Best
Eugene (Yevgen)