2.4. The Systems Perspective
This perspective adopted the view that an organization is a system, or an entity of interrelated parts. Among the management theories applicable from this view is the HRM & OB (including that of organization theory – domestic, international, & virtual enterprises), resource-based view (RBV) (the theory of competitive advantage), strategic management (SM) theories of competitive advantage and collaborative advantage (including that of industrial-organization [I/O] perspective), and competence and innovation (C & I) theory. The systems perspective is vital since the interaction and interlinking of internal resources, capabilities and systems very much explain the dynamism and adaptive nature of organization towards its environment.