Meaning ● The Dynamic Capabilities Perspective focuses on a SMB’s ability to integrate, build, and reconfigure internal and external competencies to address rapidly changing environments, fostering sustained competitive advantage. It emphasizes how SMBs can strategically adapt their resource base and routines in response to market shifts, technological advancements, or regulatory changes, specifically those influenced by automation. In essence, this involves understanding how SMBs can leverage their agility to sense new opportunities, seize them swiftly through streamlined processes, and reconfigure their resources to maintain relevance as they scale. Therefore, successful implementation involves building a flexible operational framework that allows for continuous improvement and strategic alignment with long-term business growth objectives. Automation integration becomes a key enabler, allowing SMBs to enhance efficiency and innovate more effectively, contributing directly to enhanced dynamic capabilities.
