Select a Fortune 500 company of your choice Analyze three ke

Select a Fortune 500 company of your choice. Analyze three key organizational capabilities that give the company a competitive advantage. What is it about these capabilities that give the company its competitive advantage? Focus on the three best organizational capabilities demonstrated by the company by providing specific and precise facts you uncovered in your research. Online publications such as BusinessWeek and The Economist, and assorted websites, will help you gather these facts.

Solution

Organizational capabilities are defined as \"unique strengths that allow a company to achieve superior efficiency, quality, innovation, or customer responsiveness.\" Such strengths are typified by product offerings that other companies find difficult to match or imitate. Thus, organizational capabilities are vital for a company\'s competitive advantage. They enable a company to lower costs and also differentiate its product offerings. Companies with valuable distinctive capabilities can often realise huge returns by applying those capabilities and the products they produce to foreign markets, where indigenous competitors lack similar capabilities and products.

The three traditional sources of capabilities that build competitive advantage in an organization are :

The example of a fortune 500 company taken here for discusion is JP Morgan Chase.

JPMorgan Chase launched a global financial capability initiative to help people increase savings, improve credit, and build and protect assets. The Financial Solutions Lab, a $30 million, five-year initiative developed in partnership with the Center for Financial Services Innovation, will identify, test and expand promising innovations to help Americans manage their daily financial lives, withstand emergencies and achieve their long-term goals.

JPMorgan Chase supports nonprofits’ early stage ideas and scales their proven models and approaches for promoting financial capability. Intelligence on the most viable models and solutions for addressing consumers’ financial needs is continuously gathered and shared to advance the field.

Through Social Finance business, JPMorgan Chase invests in funds that support scalable, sustainable solutions for financially insecure individuals in communities around the world.

--------------------------------------------------------------------------------------------------------------

Strategic Capability of JP Morgan Chase :

The JPMorgan Chase Foundation is the charitable arm of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Foundation focuses on driving economic growth and strengthening communities across the globe, by partnering with local efforts to advance skills-based training, help small businesses, create affordable housing and improve financial capability for underserved people. The Firm and its foundation give approximately $200 million annually to nonprofit organizations around the world and lead volunteer service activities for employees in local communities, utilizing its many resources, including access to capital, strength, global reach and expertise.

----------------------------------------------------------------------------------------------------------

Technological Capability :

The rapid growth of technological innovations and the synthesis of information technology and computer networks are radically changing the way companies compete. Many business enterprises are making strategic commitments to technology for the purpose of gaining and sustaining competitive advantage in their industry.

The Digital Guestbook  by JP Morgan Chase is an innovative technology solution which we have designed and implemented at cultural institutions to enhance the visitor experience and increase fundraising capabilities.The Digital Guestbook has appealed to several museums and cultural institutions interested in gathering information about their visitors and using that information to reach out to them. The Guestbook is strengthening communication between organizations and their supporters, whether they are a plane ride away or a block away.