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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Toward a Fitness Landscape Model of Firms' IT-Enabled Dynamic Capabilities

Toward a Fitness Landscape Model of Firms' IT-Enabled Dynamic Capabilities
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Author(s): Rogier van de Wetering (Open University, The Netherlands)and Rik Bos (Open University, The Netherlands)
Copyright: 2021
Pages: 14
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch071

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Abstract

This chapter presents, extends, and integrates a complexity science perspective and applies this to the firm's IT-enabled dynamic capabilities (ITDCs). By doing so, this chapter leverages statistical survey data and uses them as parameters for a simulation using Kauffman's NK-model. This NK-model creates stochastically generated fitness landscapes that are parameterized using a finite number of ‘N' elements, or capabilities, and ‘K' complex interactions between those capabilities, and studies the performance (fitness) of systems. We simulate a firm's effort to adaptively explore and walk through a fitness landscape of possible strategies of inter-related capabilities to reach toward higher levels of fitness of ITDCs. Also, our fitness landscape model provides realistic scenarios with a nexus of possible business strategies that can be employed considering a firm's current status, interdependency, and alignment among its capabilities. Our work suggests that firms achieve the highest fitness values when the interdependency among the individual capabilities is relatively small.

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