| Article ID: | iaor20071149 |
| Country: | Netherlands |
| Volume: | 104 |
| Issue: | 1 |
| Start Page Number: | 3 |
| End Page Number: | 18 |
| Publication Date: | Jan 2006 |
| Journal: | International Journal of Production Economics |
| Authors: | Adamides Emmanuel D., Voutsina Marinie |
| Keywords: | system dynamics, Manufacturing strategy |
Based on the competence perspective of strategic management, in this paper we present a study of the co-evolution of manufacturing and marketing strategies as resource and capability building processes. Taking into account the dyadic nature of the strategy process (deliberate and emergent), initially, through the development of a system dynamics model which operationalises the dynamic capabilities theory, we provide an explanatory framework for the inherent and inevitable misalignment of the two functional strategies. Then, based on a longitudinal case study, we develop a conceptual model of the co-evolution of the two strategies which depicts that manufacturing and marketing strategies of growing companies are interrelated in the same way as the double helix of DNA is structured: manufacturing resources and capabilities act as hinge capabilities for developing marketing resources and capabilities, and vice versa. The model exposes the co-evolutionary nature of the two strategies and provides managers with a reference framework for governing the dynamics of the two functional strategies more efficiently.