Bmw Differentiation Strategy

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BMW Differentiation Strategy Introduction:- BMW (Bavarian Motor Works) is German automobile, motorcycle and engine manufacturing company founded in 1917 that has become one of the greatest automobile manufacturers particularly in the last two decades because of the models it produced. The BMW Group includes Rolls Royce, MINI and BMW. Resources & Capabilities:- Resources are defined as “the tangible and intangible assets a firm uses to choose and implement its strategies “. Capabilities are often referred to as resources and so we can used them interchangeably and in parallel. There are many kinds of Resources and Capabilities and the very next classification can be Tangible and Intangible Resources & Capabilities. Since the question asks particularly about the Resources and Capabilities that underline BMW’s approach to Innovation the same is explained below. Innovation resources and capabilities:- It is one of the Intangible resources and capabilities that are harder to observe and more difficult to quantify (Sometimes). It is a firm’s assets and skills to research & develop new products and services and innovate and change ways of organizing. There are few firms in Automobile industry that are renowned for innovations. BMW comes first in that list. Innovation is the driving force for the success of the BMW Group. Innovation coming from a global Research and Innovation Network where the BMW Group’s development specialists work close together and develop solutions today for mobility challenges of tomorrow. Visions, creativity and passion thus serve to create products offering the customer the direct benefits and experience of the BMW Group’s innovative power. The BMW’s Research and Development network established across eleven centers in five Countries, BMW Group Research and Development is represented in the United States by no less

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