As you analyze Amazons critical resources, follow the guidelines below:
Consider whether your organization has the to accomplish its MVGOs, whether these are being used effectively, and whether they are being leveraged for competitive advantage.
Read about and resource dependency theory to learn more about how and why certain resources may serve as a source of strength for an organization.
Consider whether your organization has valuable, rare, inimitable, and nonsubstitutable (VRIN) resources (characteristics of resources) that it can use toward a competitive advantage, and whether these are sufficient given the market or markets in which your organization is operating.
Types of Critical Resources
Briefly explain the relevance of resource-based theory and resource dependency theory to an organization’s critical resources; then analyze and discuss two or three highlights that pertain to your organization’s human, financial, technological, and physical resources. Integrate, as appropriate, the VRIN characteristics (valuable, rare, inimitable, and non-substitutable) in your discussion of the four below. Each critical resource should be discussed separately.
Step 8: Examine Leadership, Governance, and Management
Now it’s time to shift your focus to Amazons leadership. Management styles, leadership styles, and governance structures can have an immense impact on the daily experience of employees at all levels. Leadership can also positively or negatively affect the execution of all the elements you’ve studied thus far: strategy, resource allocation, competitive advantage, etc.
Read the resources below and prepare a summary and analysis of how each principle applies to Amazon.
management and leadership styles and effectiveness
management control systems
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