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Web of Proceedings - Francis Academic Press

Review and Prospect of Dynamic Managerial Capabilities Research

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DOI: 10.25236/icepms.2018.120

Author(s)

Qiaojuan Zou

Corresponding Author

Qiaojuan Zou

Abstract

Dynamic managerial capabilities are the ability of managers to use their knowledge and expertise to perceive opportunities and threats, seize opportunities, and reconfigure organizational resources. Dynamic managerial capabilities are of great importance to managers' decision-making and corporate development. So far, the conceptual definition and compositional dimensions of dynamic managerial capabilities are still unclear, which makes it difficult to study dynamic managerial capabilities. Based on the review of domestic and foreign literatures, this paper first reviews the existing research on the concept of dynamic managerial capabilities in foreign countries, and believes that the concept of dynamic managerial capabilities based on the theory of competency hierarchy is clear; then the dimensions of dynamic managerial capabilities are analyzed. In summary, it is believed that the managerial cognition, managerial social capital and managerial human capital, which are generally recognized by the current academic community, need to further deepen the research direction of the construction of the construction system. Finally, the results and shortcomings of the existing research are summarized, and the future research is prospected. .

Keywords

Dynamic Managerial Capability Development, Concept, Component Dimension