Framework

Dynamic capabilities

The question it answers

When technology or markets shift quickly, how can a leadership team keep sensing and seizing opportunities and reconfiguring resources before its old advantage fades?

Origin
Teece, 2007
Diagram type
Cycle
Level of analysis
Firm
Topics
Entrepreneurship & innovationStrategy & leadership
Rocket lifting off from a glass light bulb, icon for entrepreneurship and innovation

Diagram

Dynamic capabilities

  1. SensingSpot and assess opportunities at home and abroad
  2. SeizingMobilise resources globally
  3. TransformingKeep renewing

Sources

References

Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.

  1. Teece, D.J. (2007) ‘Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance’, Strategic Management Journal, 28(13), pp. 1319–1350.doi:10.1002/smj.640Source page