A Strategic Approach to Organizational Success
The
basic concept of comparative advantage in economics can practically work to
strengthen an organization's power by placing the right person in the right
role. Of course, executing this effectively is easier said than done within any
organization due to the complex and interconnected factors related to
individual assignments. Nevertheless, making efforts to do so is essential for
the smooth operation of an organization. Conversely, from the perspective of a
member within an organization, possessing a specific and excellent specialty is
desirable for achieving one's full potential when occupying the right position.
However, even if a person has an average specialty in a particular area, having
one or more additional average specialties in other areas can place that
individual in a relatively invulnerable position within the organization. This
observation is based on my experience of over 38 years in the workplace,
highlighting the significant effects of comparative advantage within an
organization.