Which characteristic of dynamic capabilities primarily involves integrating competences?

The correct choice revolves around the concept of adaptability within dynamic capabilities. Integrating competences is fundamentally about an organization’s ability to adjust and reconfigure its internal resources and skills to effectively respond to changes in the external environment. Adaptability allows a company to harness and combine its existing competences in innovative ways to meet new challenges or capitalize on emerging opportunities.

When a firm possesses strong adaptability, it can blend its various resources and capabilities to not only respond to competition but also to lead innovations in the industry. This integration can result in enhanced decision-making processes, improved product development, and more robust strategic responses. Thus, adaptability is crucial for organizations aiming to achieve a competitive edge in a rapidly changing marketplace.

In contrast, stagnant growth, isolation, and discounting external factors focus on aspects that hinder the integration of competences. Stagnant growth implies a lack of innovation or change, isolation suggests a disconnect from valuable external insights and collaboration, and discounting external factors indicates an unawareness of market dynamics that could benefit the organization. None of these attributes would facilitate the effective integration of competences necessary for leveraging dynamic capabilities.