Theorizing the process of strategic resource management

The purpose of this article is to develop a process model (Including input, throughput and output)to manage the strategic resources of corporate. In this article with a competitive and strategic approach to corporate resources management, a new classification of resources was developed. So that, in addition to the classification of resources into the internal / external, tangible / intangible and financial / human / physical / organizational; they categories from competitive perspective in three groups: resource owned by organization, resource owned only by rivals, and free resource (owned neither by competitors nor by organization). Then by assumption of “the necessity of establishing a link between resources and key success factors”, it explained that "strategic" is not permanent attribute for some resources and strategic levels of resource will be different in accordance to key success factors. Accordingly, with revising the general steps of resource management, new five steps model of resource management and its affecting factors was described. The finding of this theory-building inquiry, which conducted based on Lynham theory-building methodology, is a scientific and applied model that can be served both as a conceptual model to conduct research and an applied model to investigate and improve corporates’ resource management system.