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Management strategy

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A Process Theory Of Competency Rallying In Engineering Projects, Bernhard R. Katzy, Kevin Crowston Jan 2001

A Process Theory Of Competency Rallying In Engineering Projects, Bernhard R. Katzy, Kevin Crowston

School of Information Studies - Faculty Scholarship

Firms face an environment changing at an increasingly rapid pace. Market opportunities in particular can arise and disappear in a short time. Unfortunately, the speed with which organizations can adapt their strategies and competencies to meet these opportunities remains limited. We argue that firms can address these individual limitations by cooperating with others for access to market opportunities and needed competencies. In this paper, we present a process theory of how a network of firms can reliably engineering and deliver products in the face of rapid market changes. In this theory, the success of the network is predicated on 1 ...