IDEAS home Printed from https://ideas.repec.org/h/spr/spbrcp/978-3-642-31023-2_9.html
   My bibliography  Save this book chapter

Creating Value Through Key Resources and Capabilities

In: Approaching Business Models from an Economic Perspective

Author

Listed:
  • Wei Wei

    (Peking University)

  • Wuxiang Zhu

    (Tsinghua University)

  • Guiping Lin

    (Peking University)

Abstract

One of my students—a budget hotel manager—was asked to propose solutions for making another similar hotel profitable. With 120 rooms and over 80 staff, the current CEO—who previously managed a five star hotel—complained that a labor shortage combined with the inefficiency of the existing staff was causing the hotel to make a loss. The student told me that if he were the CEO, the first act he would do is to lay off 20 people. He based this on the observation that the manager with the five-star-hotel experience lacks the key resources and capabilities needed to effectively run a budget hotel, which explained why the business was failing.

Suggested Citation

  • Wei Wei & Wuxiang Zhu & Guiping Lin, 2013. "Creating Value Through Key Resources and Capabilities," SpringerBriefs in Business, in: Approaching Business Models from an Economic Perspective, edition 127, chapter 0, pages 97-105, Springer.
    • Handle: RePEc:spr:spbrcp:978-3-642-31023-2_9
    DOI: 10.1007/978-3-642-31023-2_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Flora Fessler & Florian Reinwald & Roswitha Weichselbaumer & Jana Wentz & Ernst Gebetsroither-Geringer, 2024. "Digitally Supported Participation Processes and Tools to Promote Gender-Responsive Public Spaces," International Journal of E-Planning Research (IJEPR), IGI Global, vol. 13(1), pages 1-25, January.

    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:spr:spbrcp:978-3-642-31023-2_9. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.