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In: Strategic Management

Chapter 2.7: Internal Analysis: Resource Analysis

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Internal Analysis: Resource Analysis
Internal analysis: Resource analysis

An internal analysis provides a valuable insight into an organisation's resources which may result in strategies that build on an organisation's strengths, minimise weakness and identify capabilities that could result in a competitive advantage.

Strategic capabilities are the resources and competences of an organisation that enable it to successfully compete.

Strategic capabilities are created by applying the relevant resources at the right time and with optimal efficiency in order to allow an organisation to develop a sustainable competitive advantage. In order to make judgements on the skills and resources that an organisation has, it is important to undertake a resource analysis. Resources can be ranked in importance by categorising them as either threshold or unique resources.

Threshold resources are those resources ...

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