The Relations Between Dynamic Capabilities and Core Competencies. The Case Study of Uzdrowisko Ciechocinek S.A.
DOI:
https://doi.org/10.12775/JPM.2022.006Abstract
Purpose: This article addresses the relationship between dynamic capabilities and core competencies of companies. Both categories are among the most popular and practical issues in management science, fitting into the resource-based view of the firm. They should be consciously worked out in the company and both have the potential to become sources of sustainable competitive advantages. Despite a good study of the two issues in the literature, little attention has been paid to their relationship. The author has attempted to do so believing that it will contribute to further empirical research.
Method: A case study of a leading Polish sanatorium company, the Uzdrowisko Ciechocinek S.A., which is in the process of permanent and purposeful organizational changes, was used. The starting point for the empirical study is the theoretical model representing the relationship between dynamic capabilities, core competencies, core products/services, and end products/services of company.
Results: The results obtained illustrate the positive relationship between the variables used in the study. It was found that dynamic capabilities positively influence changes of core competencies, and thus contribute to the development of core products/services and end products/services. These relationships support the creating and strengthening of sustainable competitive advantages of the studied enterprise despite the constant, intensive and often negative changes in the conditions of its business environment.
Keywords: dynamic capabilities, core competencies, strategic management, case study
Paper type: Research paper
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Copyright (c) 2023 Paweł Cegliński
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