IDEAS home Printed from https://ideas.repec.org/a/sek/jijobm/v4y2016i3p72-87.html
   My bibliography  Save this article

Capability vs Competency: A Case of Vishpala Prosthetics

Author

Listed:
  • Rajnandan Patnaik

    (Institute of Management Technology)

Abstract

To understand a business, its operations or its competitiveness, it is important to understand the competition and factors of production. These factors help in evaluating the profitability of a firm, its growth prospects and eventual long-term survival. Further, to ensure survival (sustainability) of the firm, it is essential to ascertain the plausible source of competitive advantage, such as core competency. The firm faces with the choice to either build all such required competencies in-house or to somehow acquire them from outside. This paper takes the case of Vishpala Prosthetics and tests the issues of competency in the practical perspective of strategy implementation.The paper converge the two diverging perceptions of the firm, capability versus competency, by analyzing the resource that is valuable to the firm.

Suggested Citation

  • Rajnandan Patnaik, 2016. "Capability vs Competency: A Case of Vishpala Prosthetics," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 4(3), pages 72-87, August.
    • Handle: RePEc:sek:jijobm:v:4:y:2016:i:3:p:72-87
    as

    Download full text from publisher

    File URL: https://iises.net/international-journal-of-business-management/publication-detail-267
    Download Restriction: no
    File URL: https://iises.net/international-journal-of-business-management/publication-detail-267?download=4
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Competitive Advantage; Firm Sales; Firm Size; Entrepreneurship; Management;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:jijobm:v:4:y:2016:i:3:p:72-87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://ijobm.iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.