Search results for "Competitive Advantage"
showing 10 items of 169 documents
ECONOMIC EVALUATION OF SHORT-TERM DECISIONS IN WINEGROWING FARMS
2014
The majority of small sized Sicilian winegrowing farms are placed in the first part of the supply chain. In this way they are subjected to the grapes prices fixed by the wineries, becoming price takers. This situation determines marginal revenues lower than average costs and in short-term a reduction of farmer income that it can allow to farm bankruptcy. In this context farmer should adopt economic strategies in order to obtain higher profit in a more and more competitive market. The aim of this paper is to understand whether, decreasing labor cost in short-term by means of process innovation, average costs of small sized Sicilian winegrowing farm do not exceed marginal revenues.
Shaping blockchain-based innovation strategies in the wine sector: a conceptual framework
2022
The growing demand for transparency along the supply chain, partly related to recent incidents involving food contaminations and food frauds, has led businesses to reinterpret their business models by adopting strategies aimed to ensure an effective traceability system. In this scenario, emerging technologies play a decisive role by allowing for constant monitoring of data and information in the various phases of the supply chain. The aim of this study is to explore and analyze the main opportunities related to the BCT implementation in the wine industry and to identify the most important drivers and barriers of innovation, by using a case study approach. The case study of the Costaflores w…
E-corporate social responsibility in socially responsible firms: the case of Spanish firms
2011
The design and the content of a website that is positively valued by the firm's stakeholders can become a source of competitive advantage. In recent years, information on the extent to which the firm undertakes its social responsibility and environmental protection efforts is gaining increasing interest among the agents with whom it interacts. The aim of this paper is to analyse e-corporate social responsibility in firms listed in the socially responsible investment index FTSE4Good Ibex, focusing on the type of information concerning the corporate social responsibility, which this type of firms provides via their websites.
The strategy formation process in the EFQM Excellence Model: a critical review and new perspectives
2011
The adoption of an integrative strategy formation process becomes a way of developing a strategic capability that contributes to generating positive results and sustainable competitive advantages. In today's environments, many companies are also using the EFQM Excellence Model (EEM) to try to develop such a strategic capability. This paper presents an exhaustive review of the literature on the strategic process debate and on the strategic capability of the EEM. As a result, we offer to practitioners a conceptual framework which shows the EEM as a useful driver to facilitate the development of an integrative strategy formation process, and we propose a set of dimensions and variables (the le…
Work-Related Social Media Use : The Mediating Role of Social Media Communication Self-Efficacy
2022
Social media use has become an indispensable part of knowledge work. Employees posting work-related content on social media are considered credible sources of information and have significant importance for how stakeholders, such as potential customers and future employees, perceive the organization. Therefore, employees’ ability to communicate about their work on social media has become a competitive advantage both for individual employees and for their organizations, especially in the professional service sector. Hence, understanding the role of employees’ ability to use these social media professionally is crucial for understanding the communicative behaviors of contemporary knowledge wo…
Business succession and intellectual capital management in family firms
2015
Family businesses are institutions in which two seemingly disparate social units (i.e., families and businesses) are highly integrated. This connection extends to succession across generations and while natural, this can be a difficult process. The founder, thanks to his long stay in the family business, has a substantial amount of tacit knowledge related to the firm which can often determine business success. In the succession process it is important to diffuse and manage overall knowledge, or intellectual capital, to the successor. This study attempts to contribute to the literature casting some light on the business succession in a family firm informed by an intellectual capital perspect…
Logistics Competences within World Class Supply Chains Concept
2017
In the recent years, within the business management area, one may notice an increasing importance of a firm’s competences in achieving the expected market and economic outcomes leading to business success as well as to business competitive advantage. Within business management an increasing role is often assigned to business logistics concept. Among the firm’s competences, an important role is played by logistics competences. The aim of the article is to present the results of the research conducted by European Logistics Association (ELA) and A.T. Kearney, concerning the place and role of logistics competences within World Class Supply Chains concept. Logistics competences are the long-term…
Sustainable Innovation: A Competitive Advantage for Innovation Ecosystems
2015
In this article, we elaborate the emerging concept of sustainable innovation and analyze the relevance of innovation as a means to solve wicked problems and enhancing sustainable well-being. We also examine the changing conditions for innovation creation: building global knowledge hubs and local innovation ecosystems. As a result, the drivers of innovation and opportunities to utilize the untapped innovation potential of people outside traditional innovation contexts are expanded and diversified. Ultimately, the success of sustainable innovation constitutes its impact on the well-being of people and vice versa: sustainable well-being is an important source of innovation and growth. The arti…
Sustainable European fishery and the Friend of the Sea scheme: tools to achieve sustainable development in the fishery sector
2015
This paper investigates the role of the Friend of the Sea (FOS) scheme as a market tool for sustainable competitive advantage. To capture this effect, we apply a theoretical framework based on the stakeholder theory (SHT) and the natural-resource-based view (NRBV) to two case studies each in Italy and Spain. Our model allows us to explain the main factors determining an effective and competitive sustainable business model in the fishery sector. The results confirm the relevant influence of market forces in acquiring FOS certification and the role of the same as a counterpart to state authority.
Credibility as a Key to Sustainable Advertising Success
2014
This paper addresses the operational part of sustainable marketing, especially advertising with sustainability. This form of advertising has to consider particularly the aspect of credibility since the social-ecological value of a product is often not evident for the consumer. Therefore, credibility represents an essential competitive advantage for companies who offer sustainable products. The purpose of this paper is to identify the determinants which are decisive for the credibility attribution of sustainable advertisement in order to achieve an improved comprehension of the latent construct and a more credible design of this type of advertisement. In addition, the actual influence of cre…