Creating future capabilities: scenario process in inter-industrial knowledge networks Online publication date: Sat, 24-Dec-2005
by Jukka Bergman, Ari Jantunen, Juha-Matti Saksa, Mari Lehtonen
International Journal of Management Concepts and Philosophy (IJMCP), Vol. 1, No. 3, 2005
Abstract: It is well known that the dynamics in business are changing. Companies need to be aware of changes in their business environment, and must be able to recognise and exploit opportunities through their rare and distinctive resources and capabilities. This depends on their dynamic ability to reinvent their capabilities, business models, and strategies as circumstances for ongoing change. This paper studies the framework for sustaining the renewal of core capabilities in an inter-organisational context. Firstly, the dynamic capability view is introduced. Secondly, organisational knowledge creation through communication and learning are examined, and the basis of future-oriented knowledge is explained. This study demonstrates the knowledge creation process in an inter-industry context. The paper clarifies the real advantages and problems of the process by introducing the framework for creating future capabilities.
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