Discussion: View Thread

Manish,
At the moment I can't point you to established measures but in the
financial industry (online bond trading firm) I can imagine several
measures of resources and capabilities:

Number of licenses in the various categories (Series 7, 63, 6, 24 for
example)...similar to college degrees but more applied...

Years of experience with specific securities (corporate, treasuries,
agencies, municipal bonds, CMOs)

Levels of experience (sales, administrative, supervisory, trading)

With sales personnel you could use annual gross as a proxy for
knowledge and or as an indicator of relationships in the
marketplace....number of accounts or assets under management

Human as well as technological resources can be measured by the number
of trading systems understood and or available and used in the
organization (how many Bloomberg terminals are available?...how many
other applied software trading systems are used over the internet?)
How many trade desks to you have relationships with?

Financial resources can be measured by cash available, accounting
ratios, credit ratings by S&P, Moody's, and Fitch...interestingly I
find more value in gauging the trend in the credit ratings over time
as opposed to the current rating B...BB...BBB...A...AA...AAA. Current
interest rate required by investors to invest in a particular firm...

Number of hits and or registered online users of a firm's online
platform can be considered a resource.

Physical...square footage under control...number of phone lines....

Just a few ideas.

Cheers!

Dale Tuttle
Vice President Investments
Director of Strategic Management
Cambridge Group Investments, Ltd.

________________________________

From: Business Policy and Strategy List on behalf of Manish K.
Srivastava
Sent: Fri 9/29/2006 6:16 PM
To: BPS-NET@AOMLISTS.PACE.EDU
Subject: Measuring Resource Profile of Firms


Dear Friends and Colleagues,

I am trying to measure resource profiles (human, physical,
technological, financial resources and capabilities) of firms and the
diversity of their resource profiles. I'm looking for some established
measures beyond the firm's patents (technological resources). I will
very sincerely appreciate your help in this regard.

Thanking you in advance,

Manish Srivastava
Doctoral Student
Department of Management
Virginia Tech
msrivast@vt.edu

540-231-7363

Manish,

You may want to look at the notion of production frontier, data
envelopment analysis and Malmquist productivity index decomposition.
There are certain limitations to what you can do with these
statistically but they are certainly an alternative to more
traditional
things like patents. There was an article in Management Science by
Thursby and Thursby in 2002 based on Malmquist, and an article by
Durand and Vargas in SMJ in 2003 based on DEA. I believe there was
also
an article in SMJ relatively recently that used the idea of the
frontier to operationalize capabilities.

Sergey
----------------------------------
Sergey Anokhin, Ph.D.
Assistant Professor of Management
Graduate School of Management
Kent State University
P.O. Box 5190, Kent, OH 44242-0001
Phone: 330-672-1153
Fax: 330-672-2953
Email: sanokhin@kent.edu

----------------------------------
Sergey Anokhin, Ph.D.
Assistant Professor of Management
Graduate School of Management
Kent State University
P.O. Box 5190, Kent, OH 44242-0001
Phone: 330-672-1153
Fax: 330-672-2953
Email: sanokhin@kent.edu

----- Original Message -----
From: "Manish K. Srivastava" <msrivast@VT.EDU>
Date: Monday, October 2, 2006 3:34 pm
Subject: Measuring Resource Profile of Firms
To: BPS-NET@AOMLISTS.PACE.EDU

> Dear Friends and Colleagues,
>
> I am trying to measure resource profiles (human, physical,
> technological, financial resources and capabilities) of firms and
> the diversity of their resource profiles. I'm looking for some
> established measures beyond the firm's patents (technological
> resources). I will very sincerely appreciate your help in this
> regard.
> Thanking you in advance,
>
> Manish Srivastava
> Doctoral Student
> Department of Management
> Virginia Tech
> msrivast@vt.edu
>
> 540-231-7363
>

Dear Manish,

I would be interested to know the same. My research project is on a similar
theme, I am working to develop a scale to measure "technology scanning"
capability of firm. This particular trait seems transends all aspect of the
firm, including human, physical, technological, financial resources that you
mention. I would appreciate if you share the responses with me.


Thanks,
Shahed

--
Shahed Alam
PhD Candidate, Department of Management Sciences
University of Waterloo, Waterloo, Ontario, CANADA
ph: 1-519-885-1211 ext. 35156; email: msalam@uwaterloo.ca
webHome: http://www.eng.uwaterloo.ca/~msalam/


Quoting "Manish K. Srivastava" <msrivast@VT.EDU>:

> Dear Friends and Colleagues,
>
> I am trying to measure resource profiles (human, physical, technological,
> financial resources and capabilities) of firms and the diversity of their
> resource profiles. I'm looking for some established measures beyond the
> firm's patents (technological resources). I will very sincerely appreciate
> your help in this regard.
>
> Thanking you in advance,
>
> Manish Srivastava
> Doctoral Student
> Department of Management
> Virginia Tech
> msrivast@vt.edu
>
> 540-231-7363
>


----------------------------------------
This mail sent through www.mywaterloo.ca

Manish:

This is an interesting question. At considerable risk of self-promotion, I
suggest that you have a look at my article:


Danneels, Erwin (2002), "The Dynamics of Product Innovation and Firm
Competences," Strategic Management Journal, 23 (12): 1095-1121.

It gives a framework to conceptualize the resource portfolio of a firm,
focusing on market-related and technically-related resources. There may be
some industry contexts where you can measure resources (such as the financial
context mentioned before, or see the work on movie studios).

Erwin Danneels, Ph.D.
Associate Professor
erwin@wpi.edu <mailto:erwin@wpi.edu>
(508) 831 5181
http://www.mgt.wpi.edu/People/Danneels
<http://www.mgt.wpi.edu/People/Danneels>

Dear Manish,

I am working on the operationalization of the concept of "relational
resources" as the set of 'contracts' a firm develop to key
stakeholders, which I beleive it is necessary to fill in
'institutional voids' in emergent economies.

Currently I am using a binary variable (0='no contract', 1='contract')
assigned from the disclosure of firm discretionary donations to
electoral campaigns, social projects, enviornmental projects, so on.
Each firm would have a stream of "zeros" and "ones" what
characterizes its contract pattern. Our empirical findings, using
Brazilian data, has shown that specific patterns have some sort of
"economies of scope" that yeld superior returns.

I am still working to better capture the "bundleness" of this
resource.

I hope it may help you.

Good luck (to all of us).


Rodrigo Bandeira-de-Mello, Dr.
Faculty
Graduate Program in Management
Universidade do Vale do Itajaí (UNIVALI) - Brazil
Visiting Scholar at CREPA Lab - Université Paris IX-Dauphine
(2006/2007)



Citando "Manish K. Srivastava" <msrivast@VT.EDU>:

> Dear Friends and Colleagues,
>
> I am trying to measure resource profiles (human, physical,
> technological, financial resources and capabilities) of firms and
> the diversity of their resource profiles. I'm looking for some
> established measures beyond the firm's patents (technological
> resources). I will very sincerely appreciate your help in this
> regard.
>
> Thanking you in advance,
>
> Manish Srivastava
> Doctoral Student
> Department of Management
> Virginia Tech
> msrivast@vt.edu
>
> 540-231-7363
>




-------------------------------------------------
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