Resource-based view as a perspective management model in Russian reality

Time after time, different economies, such as the world economy or a national economy, are exposed to diverse fluctuations of various origins. The reasons for this can be multifold. Thus, in the context of an economic crisis, staying ahead of competition is vital for any company’s survival. In addit...

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Main Authors: Elena S. Balashova, Elizaveta A. Gromova
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2016-06-01
Series:Problems and Perspectives in Management
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7198/PPM_2016_02cont2_Balashova.pdf
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author Elena S. Balashova
Elizaveta A. Gromova
author_facet Elena S. Balashova
Elizaveta A. Gromova
author_sort Elena S. Balashova
collection DOAJ
description Time after time, different economies, such as the world economy or a national economy, are exposed to diverse fluctuations of various origins. The reasons for this can be multifold. Thus, in the context of an economic crisis, staying ahead of competition is vital for any company’s survival. In addition, each year, the global competition becomes tougher. The fundamental question of modern management of an enterprise is how to achieve competitive advantage and hold it. Consequently, the effective management of an enterprise, based on a rational use of resources, comes to the fore. The goal of this research is to analyze one of the models of modern resource management – resource-based view and to relate this model of management to the current state of the Russian economy. Theoretical and practical aspects of the model are presented. Development of the resource-based view at the Russian retail chain – X5 Retail Group is separately allocated. It is the unique practical example of using above mentioned concept in Russia. The possibility of implementing the resource-based view is considered in the context of the current economic situation in the country. Summarizing, resource-based view can become a truly breakthrough strategy in the context of the Russian economic situation
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spelling doaj.art-385f889edbb444fcae80030cc3048a982022-12-21T17:33:01ZengLLC "CPC "Business Perspectives"Problems and Perspectives in Management1727-70511810-54672016-06-0114232533010.21511/ppm.14(2-2).2016.087198Resource-based view as a perspective management model in Russian realityElena S. Balashova0Elizaveta A. Gromova1Ph.D. in Economics, Associate Professor, Head of the Department of Economics and Management of Technologies and Real Estate, Peter the Great St. Petersburg Polytechnic University, RussiaPh.D. student of the Department of Economics and Management of Technologies and Real Estate, Peter the Great St. Petersburg Polytechnic University, RussiaTime after time, different economies, such as the world economy or a national economy, are exposed to diverse fluctuations of various origins. The reasons for this can be multifold. Thus, in the context of an economic crisis, staying ahead of competition is vital for any company’s survival. In addition, each year, the global competition becomes tougher. The fundamental question of modern management of an enterprise is how to achieve competitive advantage and hold it. Consequently, the effective management of an enterprise, based on a rational use of resources, comes to the fore. The goal of this research is to analyze one of the models of modern resource management – resource-based view and to relate this model of management to the current state of the Russian economy. Theoretical and practical aspects of the model are presented. Development of the resource-based view at the Russian retail chain – X5 Retail Group is separately allocated. It is the unique practical example of using above mentioned concept in Russia. The possibility of implementing the resource-based view is considered in the context of the current economic situation in the country. Summarizing, resource-based view can become a truly breakthrough strategy in the context of the Russian economic situationhttps://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7198/PPM_2016_02cont2_Balashova.pdf
spellingShingle Elena S. Balashova
Elizaveta A. Gromova
Resource-based view as a perspective management model in Russian reality
Problems and Perspectives in Management
title Resource-based view as a perspective management model in Russian reality
title_full Resource-based view as a perspective management model in Russian reality
title_fullStr Resource-based view as a perspective management model in Russian reality
title_full_unstemmed Resource-based view as a perspective management model in Russian reality
title_short Resource-based view as a perspective management model in Russian reality
title_sort resource based view as a perspective management model in russian reality
url https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7198/PPM_2016_02cont2_Balashova.pdf
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