COMMITMENT VERSUS FLEXIBILITY

Citation
P. Ghemawat et P. Delsol, COMMITMENT VERSUS FLEXIBILITY, California management review, 40(4), 1998, pp. 26
Citations number
13
Categorie Soggetti
Management,Business
ISSN journal
00081256
Volume
40
Issue
4
Year of publication
1998
Database
ISI
SICI code
0008-1256(1998)40:4<26:>2.0.ZU;2-O
Abstract
This article unbundles the relation between commitment and flexibility by distinguishing between firm-specific and usage-specific resources. This distinction turns out to be valuable because firm-specificity do es not always imply (nor is it always implied by) usage-specificity. F irm-specific resources are more strategic than usage-specific resource s, More broadly, the distinction between these two kinds of specificit y helps explain why the tension between commitment and flexibility can easily be overdone: the two aren't always negative measures of each o ther.