Managerial Decision and Resource Reallocation: A Dynamic Capability Perspective
Jui-Mei Yien, Kuo-Hsiung Chen, Kai-Ping Huang and Chien-Jung Huang
DOI : 10.3844/jssp.2011.632.634
Journal of Social Sciences
Volume 7, Issue 4
Problem statement: The study has mainly been created to present a study on the significance of dynamic capability thereby stressing on the factors that can be dealt with in organizations through the use of dynamic capabilities. Approach: The literature review illustrates the effects of dynamic capabilities on managerial decisions and resource allocation. Results: The study reveals that the use of dynamic capabilities enables an organization to use strategic measures that prevent them for negative impacts; rather they are assisted through the availability of appropriate measures in achievement of organizational goals. Dynamic capabilities have shown to focus on appropriate selection and allocation of resources and decision making by the organizational leaders and managers. Conclusion: The study of dynamic capability can be said to be an important contribution in the researches made on organizational issues and for the success of different companies.
© 2011 Jui-Mei Yien, Kuo-Hsiung Chen, Kai-Ping Huang and Chien-Jung Huang. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.