Abstract
The article reveals the essence of the resource concept as a basis for the organization’s strategic resources management; the ratio of its major categories-resources, abilities and competencies-is determined; a classification of organization competencies is suggested; the leading role of human resources in both realization of combined resources potential and formation of organization competencies for achieving sustainable competitive position on the market is justified; the mechanism for control over individual employees’ competencies is recommended.
Highlights
Actuality of the stated research is determined by the fact that nowadays, when resources are becoming more expensive and limited, it is important to identify strategic directions of the organization’s activity and concentrate sufficient resources on the key business aspects
The article reveals the essence of the resource concept as a basis for the organization’s strategic resources management; the ratio of its major categories-resources, abilities and competencies-is determined; a classification of organization competencies is suggested; the leading role of human resources in both realization of combined resources potential and formation of organization competencies for achieving sustainable competitive position on the market is justified; the mechanism for control over individual employees’ competencies is recommended
We consider that decision of the issue is possible within the resource concept, which has become dominant in the strategic management theory
Summary
Actuality of the stated research is determined by the fact that nowadays, when resources are becoming more expensive and limited, it is important to identify strategic directions of the organization’s activity and concentrate sufficient resources on the key business aspects. In the turbulent environment the concept of dynamic capabilities is rapidly developing Due to this concept a priority is set on the organization ability to integrate, work out and renovate its competencies so that to correspond with the turbulent external environment. We consider that decision of the issue is possible within the resource concept, which has become dominant in the strategic management theory. It should be noted that the resource management concept is just emerging, so the development of its main provisions as well as transition to the operational level of its application is becoming an urgent task. The resource concept has become a dominant paradigm in the strategic management theory. Vol 11, No 8; 2015 assumption that the external strategic position of an economic entity in the market place depends on its inner state, which is primarily characterized by resources which are at its possession or under its control
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