Hello and welcome!

Today we talk about the next aspects of the topic of organisational capabilities - the structure of a dynamic capability of the firm. There are several approaches. However, the approach by Teece (2007) is the most popular one. According to his view, a dynamic capability is formed by three capacitities:

- sensing capacity, i.e. a capacity of a firm to sense and shape market change,

- seizing capacity, i.e. a capacity of a firm to seize an opportunity, and

- reconfiguration capacity, i.e. a capacity of a firm to reconfigure resource base of the firm in order to implement the decision made.

More details and some criticism in this episode - enjoy, comments, share, and subscribe. It does matter!

Best

Eugene (Yevgen)