The paper “ Firm Resources and Sustainable Competitive Advantage” is a worthy example of coursework on business. Lately, we have seen a number of nonprofit community-based organizations coming up to provide services to members of society for free. These services are often essential but some people can never afford them. Some of these organizations only depend on donations and grants to run their affairs. These donations are always given by international financial organizations such as World Bank and a lot of transparency is expected in the manner they are spent to ensure zero embezzlement.
Financial statements are always prepared at the end of the year to show how the money was spent (Buzzell & Gale, 2005). Not many such organizations carry out their financial obligations to the standards prescribed by the donating agencies. Core Assets is not a nonprofit, but it meticulously carries out community-based issues such as fostering and consultancy. It does so for fees. Its operations are always above par. For this reason, people favor having paid services at Core Assets, and not have similar services in the nonprofit organizations offering similar services for free.
It has professionals in its ranks, resulting in a high level of competency in the way its affairs are run. This is the reason it manages to run efficiently despite having a huge international chain of branches to run (Schlesinger & Heskett, 2006). Fostering is a core activity carried out by Core Assets and was the only thing going on when it all started. It involves providing a stable and safe family home for a child who can’ t live with the family they were born into. They always want to bring the best out of each and every child under their care.
They grow into productive youths and then adults, with a good education that they would probably never get if they stayed within their birth family (Bank & Yeats, 2012). With education, it becomes easy to get jobs and be independent members of society, who will most likely be in a position to give back to society in many ways. Efficiency in management is the strength of the company because, with it, so many branches have been opened in many other countries outside the United Kingdom.
Barney, J. (2002) “Firm Resources and Sustainable Competitive Advantage”, Journal of Management, vol 17, no 1, 1991.
Bank, A. & Yeats, A.J. (2012). Macroeconomics: The Bigger Picture. (World Discussion Paper No. 348). Washington, DC: The World Bank.
Van Lieshout, S. (2004). SIYB Impact Evaluation, mid-term results, July 1999. (Project Document) New York: ILO/SIYB.
Brubaker, H. ( 2008) “Success Through Change.” The Philadelphia Inquirer. Business Section.
Buzzell, R. & Gale, B. (2005) The PIMS Principles: Linking Strategy to Performance, Free Press, New York.
Camp, R. (2011) Benchmarking: The search for industry best practices that lead to superior performance, American Society for Quality Control, Quality Press, Milwaukee, Wis.
Fisher, K.L. (2012). The Only Three Questions That Still Count: Investing By Knowing What Others Don’t. John Wiley & Sons
Schlesinger, L. & Heskett, J. (2006) "Customer Satisfaction is rooted in Employee Satisfaction," Harvard Business Review.
Taylor, C. & Polly, L. (2006) Mavericks at Work: Why the Most Original Minds in Business Win. New York: William Morrow.
Van Dijk, M., & Rabellotti, R. (2007). Enterprise clusters and networks in developing countries. (EADI Book Series No. 20). London: Cass.