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Prioritization of Strategic Intangible Assets in Make/Buy Decisions

doi: 10.3390/su11051267
handle: 11588/750950 , 11580/71824
Every company, in a knowledge-based economy and, in a sustainability-aware era, is “doomed” to deal with a critical mass of strategic assets, in order to achieve a sustainable competitive advantage. Maintaining this system up-to-date requires financial/organizational efforts. Therefore, in order to optimize performance, it is necessary to detect which are the assets that can be outsourced/externalized without jeopardizing the business model architecture. Nevertheless, several studies confirm the inherent risks upcoming with any decision of outsourcing; pursuing a bearable long-term advantage over competitors mostly involves combinations of resources and capabilities, i.e., intangible assets. By the means of a multi-criteria indicator, the proposed framework builds a quantitative relational ranking of such resources, disclosing their critical weight (revealing which assets are actually strategic), hence the convenience for each of them to be outsourced or kept “in-house” to create sustainable value. This solution permits a strategy-level prioritization to take informed decisions on outsourcing candidates, also returning further analytics on the status of each investigated entity. Designed as a discriminating tool in make/buy resolutions to be used alongside traditional cost-based criteria, it represents a comprehensive approach capable of appreciating the complexity of the problem and the involved risks in order to keep a sustainable momentum.
intangible assets, decision support, Monitoring, sustainable value, resource allocation, TJ807-830, TD194-195, Renewable energy sources, strategic alignment, Sustainable competitive advantage, GE1-350, Renewable Energy, Resource allocation, Intangible assets, Planning and Development, Sustainable value, Geography, Sustainability and the Environment, Policy and Law, Environmental effects of industries and plants, make/buy, Strategic capital, strategic capital, sustainable competitive advantage, Make/buy, Outsourcing, Decision support, Management, Environmental sciences, outsourcing, Strategic alignment, Decision support; Intangible assets; Make/buy; Outsourcing; Resource allocation; Strategic alignment; Strategic capital; Sustainable competitive advantage; Sustainable value; Geography, Planning and Development; Renewable Energy, Sustainability and the Environment; Management, Monitoring, Policy and Law
intangible assets, decision support, Monitoring, sustainable value, resource allocation, TJ807-830, TD194-195, Renewable energy sources, strategic alignment, Sustainable competitive advantage, GE1-350, Renewable Energy, Resource allocation, Intangible assets, Planning and Development, Sustainable value, Geography, Sustainability and the Environment, Policy and Law, Environmental effects of industries and plants, make/buy, Strategic capital, strategic capital, sustainable competitive advantage, Make/buy, Outsourcing, Decision support, Management, Environmental sciences, outsourcing, Strategic alignment, Decision support; Intangible assets; Make/buy; Outsourcing; Resource allocation; Strategic alignment; Strategic capital; Sustainable competitive advantage; Sustainable value; Geography, Planning and Development; Renewable Energy, Sustainability and the Environment; Management, Monitoring, Policy and Law
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).12 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%
