Resources have been a strategic important in organizational analysis.they can be ;
- Available resources :They are developed resources into various functions of the organization.They are physical,human,financial and intellectual resources.
- Threshold resources :They are needed to stay in business.Their need tends to rise with time.
- Unique resources :They are valuable,rare,no-substitutable and costly to imitate.
Resources development assessment is used to judge:
- Need to change current resources to reach threshold level for staying in business.
- Requirements of unique resources to sustain strategic resources.
- Combination of unique resources and core competencies.It is used to again strategic advantage.This is the desired combination.
- Combination of unique resources and threshold competencies.Unique resources are freed up to invest in functional activities that provide core competencies.
- Combination of threshold resources and core competitors.More resources are deployed in functional activities that provide core competitors.
- Combination of threshold resources and threshold competencies.Environmental changes have made the resources base redundant.Such resources are disposed of.This is the worst scenario.
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