List of resources I already possess:
- Social Capital
Value- Will facilitate my endeavors to be an overall efficient company
Rare - The connections I have made I feel confident no one can reciprocate
Inimitable- It is a distinct social capital that not only are assets separately but work cohesively with each other
- Human Capital
Value- I know how to work with a multitude of diverse people, regardless of the position they are in
Rare- It is rare for it will not only help my company grow but will make the benefactors grow from each other.
Inimitable- I am very selective when it comes to developing my human capital. I look for people who want to succeed.
- Efficient and willing team
Value- Know how to work together
Rare- Dynamics contribute to the best ideas
Inimitable- Not a lot of companies are big on diversity
- Organizational Culture Intent
Value- To give back to the community
Rare- Not many companies strive to invest in the community they have their established business in.
Inimitable- Quality over numbers
- The Targeted demographic
Value- Value in all clientele
Rare- Anyone can benefit from the company
Inimitable- There aren't necessary restrictions to who can benefit from this product. There will be ideally services for anyone to benefit, potentially handicapped as well.
- Business Plan
Value- The plan consists of a profitable business model, enough to contribute back to the city
Rare- Will expand as much as it can in order to reach everyone, rather than the person reaching the product
Inimitable- The business plan unique for its drive to satisfy all customer types
- Technology
Value - Integrated with the most accessible tech
Rare - Not many are easily accessible with every piece of tech
Inimitable- Accessible to all devices, unlike many companies
- Product Distributor
Value- Knows where to get the product
Rare - Trusted distributor of the best materials on the market
Inimitable- I have human capital with the distributor
-Attention-grabbing logo and message
Value- Anyone may resonate with the message
Rare - Rare to find a profitable product that cares for the community
Inimitable- We are in the business of making an easier lifestyle
- Capabilities
Value- As a company, we are capable to potentially impact the community with more than just commuting needs
Rare - All around company, not just focusing on one thing
Inimitable- Intertwining all potential companies into one system for the betterment of the community
My human capital has to be the most important aspect of the ones listed above. As you can see, my human capital is the base of all the other qualities I presented.
Hi Marco! Your list of resources was very informative and allowed me to easily see the the qualities of each individual resource. I agree with your statement about your human capital being the most important resource. I believe that human capital is what makes people stand out because it is something that is truly unique to each individual person. I have found that my social capital has benefited me in multiple situations because it really can help you stand out. Great post!
ReplyDeleteHi Marco,
ReplyDeleteYour list of resources was insightful to see how you would use these sources of capital to further your business proposal. Something I thought was a unique resource was your logo and message. This is a very important part of a venture because it's what people first see and their first impression of a product. By having an idea for your logo and message already, you are able to have a picture in your head of exactly what you imagine your product to look like once it is developed. Great job!