Rapid Alignment of Resources and Capabilities in Time-Bound Networks: A Theoretical Proposition
Abstract
Researchers studying the alignment of business resources usually focus on business cases that inherently have continuous interactions built on long-term relationships at the firm level, dyadic level, or broader network level. While contractual limitations can be applied to resource alignment, resource engagement holds the notion of a persistent value-adding relationship. This paper proposes a theoretical framework based on previous theories and empirical studies on resource alignment ranging from resource-based views to more complex network views of social organizational interactions and their implications for business performance activities. The main challenge comes from time-bound transactions built around the longevity of interorganizational relations. Thus, the key strategic management problem is how resources and capabilities can be rapidly aligned and managed in a time-bound network to achieve sustainable competitive advantages at the network level.
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