How do each component interact with each other? Give an example to illustrate.Based on the analysis of Wave's response position and dynamic capabilities (Teece et al,2007), the following complementary strategic actions are recommended through sensing, seizing, and reconfiguring assets. Wave's strength in local sensing does community and are valuable. However, to scale their advantage, they need the capability to translate local insights into replicable formats, whether that be standardized training, digital customer environments, filmable store formats such as grab-and-go versus community cafes, or rapid product Innovation to respond to ahfis. For example, delivery, subscription coffee, or Sunday morning, Companies that possess these dynamic capabilities add value over the long term in shifting markets.