A competitively valuable resource or capability can be described as?

A competitively valuable resource or capability serves as the enabling foundation of the business model because it is integral to achieving a company's strategic objectives and sustaining its competitive advantage. These resources and capabilities, when effectively harnessed, allow a company to deliver value to customers in a way that is difficult for competitors to replicate.

The essence of a competitively valuable resource lies in its ability to facilitate the execution of a company’s strategy, enhance operational efficiency, or differentiate products and services in the marketplace. This foundational aspect ensures that the resource not only supports the existing business model but can also adapt and evolve as market conditions change, reinforcing the company's competitive position over time.

In contrast, substitutable resources may hold value but do not provide the unique edge necessary to establish a competitive advantage. Similarly, focusing solely on assessments or productivity without recognizing how these contribute to strategy execution misses the broader point of how valuable resources are integrated into the fabric of the business model. Therefore, identifying a resource or capability as the "enabling foundation" underscores its vital role in sustaining competitiveness.