Digital Strategy Lesson: CRAs Are the Path From Operating Activities to Competitive Advantage (1 of 2) (190)

This week’s podcast is Part 1 of Capabilities, Resources and Assets (CRAs). They are a key part of strategy. And link operating performance with structural advantages. You can listen to this podcast here, which has the slides and graphics mentioned. Also available at iTunes and Google Podcasts.Here is the link to the TechMoat Consulting.Here is the link to our China Tech Tour.Key points:Point 1: Operating performance and structural advantage are separate parts of strategy and management.Point 2: But they are also linked. By a select list of capabilities, resources, and assets (CRAs)Point 3: Operating activities create and maintain CRAs, which can be tangible and intangible.Point 4: Sometimes CRAs can manifest as competitive advantages and barriers to entry. Point 5: CEOs need to identify moats. And then chart a path of critical CRAs to build and rebuild them. —---–Related articles:Lessons in Digital Operating Basics from Ram Charan. Part 1 of 2 on “Rethinking Competitive Advantage”. (Asia Tech Strategy – Podcast 98)Meituan vs. Ctrip vs. Alibaba: Who Will Win in China Services? (Jeff’s Asia Tech Class – Podcast 22)From the Concept Library, concepts for this article are:Capabilities, Resources and AssetsIntangible AssetsSerial MoatsFrom the Company Library, companies for this article are:n/a——-----I write, speak and consult about how to win (and not lose) in digital strategy and transformation.I am the founder of TechMoat Consulting, a boutique consulting firm that helps retailers, brands, and technology companies exploit digital change to grow faster, innovate better and build digital moats. Get in touch here.My book series Moats and Marathons is one-of-a-kind framework for building and measuring competitive advantages in digital businesses.This content (articles, podcasts, website info) is not investment, legal or tax advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. This is not investment advice. Investing is risky. Do your own research.Support the show