Renewing our Competitive Advantage:
Barney (1991) states that not all firm resources hold the potential of Sustainable Competitive Advantage; instead, they must possess four attributes: rareness, value, inability to be imitated, and inability to be substituted.
In our own research and experiences, we also found that such reality has also been fiercefully reinforced in Michael Porter's 5-Forces Sustainable Competitive Advantage Model, namely: rare (bargaining power of suppliers), value (i.e. the value proposition manifested in the bargaining power of customer), inability to be imitated (threat of new entrants), and inability to be substituted (threat of substitute products or services).
Although these structuralist view of competitive advantage has delivered the fact of reality, but the other dimension along the blue-ocean business strategy namely the reconstructing view is missing.
The reconstructability is an ability to see beyond the norms, to go beyond our habitual tendencies, and this can robustly be made possible by an effective meditation journey. Meditation opens up the secret for identifying our strengths and weaknesses honestly, which is an effective self-development mechanism.
Self-development means making oneself better in what one is already good at, which we can discover when we are consciously mindful of our good sides honestly in our meditational effort. It also means overcoming unnecessary limitations, bad habits, lack of skills, and lack of knowledge, and not worrying about the things one cannot be good at. The failure for each individual and the executives to realize the significance of strengths and weaknesses was a certain prescription for ineffectiveness. This happens obviously at the top management SWOT analysis table.
In short, companies are the crucible of strengths, but it is only meaningful insofar as it allows individuals to express and implement their skills and talents.
We have a specific section on "Learning as Key Success-Enabling Factor in Meditation, HRD, and Strategic Management" (found at the Meditation Article section), which highlight many of the crucial aspects of a successful meditation and its impact on individual, collective and individual performance.
Selected Resorts For Our Workshop
