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Core Competence

Explore the significance of core competence & strategic intent in modern business practices with this comprehensive toolkit. Learn how to leverage your organizational strengths for sustainable competitive advantage.

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Core Competence

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  1. Core Competence https://store.theartofservice.com/the-core-competence-toolkit.html

  2. Harvard Business Review • Management concepts and business terms such as Balanced scorecard, Core competence, Strategic intent, Reengineering, Globalization, Marketing myopia, and Glass ceiling were all first given prominence in HBR. https://store.theartofservice.com/the-core-competence-toolkit.html

  3. Private branch exchange • PBX services had always been hard to arrange for smaller companies, and many companies realized that handling their own telephony was not their core competence https://store.theartofservice.com/the-core-competence-toolkit.html

  4. Borders Group - Declining profits • That short term convenience became fatal in the long term, as Borders failed to take the organizational steps necessary to transform digital into a true business core competence https://store.theartofservice.com/the-core-competence-toolkit.html

  5. Strategic management - Competitive advantage • “The Core Competence of the Corporation”, Harvard Business Review, May–June 1990. https://store.theartofservice.com/the-core-competence-toolkit.html

  6. Business process reengineering - Business process reengineering topics • It escalates the efforts of JIT and TQM to make process orientation a strategic tool and a core competence of the organization https://store.theartofservice.com/the-core-competence-toolkit.html

  7. Logistics - Logistics fields • 'Procurement logistics' consists of activities such as market research, requirements planning, make-or-buy decisions, supplier management, ordering, and order controlling. The targets in procurement logistics might be contradictory: maximizing efficiency by concentrating on core competences, outsourcing while maintaining the autonomy of the company, or minimizing procurement costs while maximizing security within the supply process. https://store.theartofservice.com/the-core-competence-toolkit.html

  8. Boutique hotel • Also, there are Boutique Hotels in resort destinations, which generally are located in hidden places, like islands or mountains. Unlike the ones in city destinations, technology is not strictly necessary in the resort destinations. Instead, exotic amenities are the core competence of the resort destinations. They commonly offer the absence of electronics, spas, yoga and/or painting classes, and connection to the environment, in order to promote their guest's comfort. https://store.theartofservice.com/the-core-competence-toolkit.html

  9. Expeditionary Economics - Theory • The theory rests to a huge extent on the dynamism of new firms, which constantly introduce innovations into the economy. The U.S Government's recent engagements have made it appreciate that post-conflict economic reconstruction must become a core competence of the U.S. military. However, their actions do not present any such appreciation. https://store.theartofservice.com/the-core-competence-toolkit.html

  10. Havells - Establishment and early History • Acquired controlling stake in Duke Arnics Electronics (P) Limited engaged in manufacturing of Electronic Meters-Single Phase, Three Phase, Multi Function, Tri-Vectors and also acquired controlling interest in an industry major-Standard Electricals Ltd and also an Acquired business of Havells Industries Ltd, MCCB of Crabtree India Limited and merged ECS Limited in the company to consolidate its area of core competence. https://store.theartofservice.com/the-core-competence-toolkit.html

  11. Export - Advantages of exporting • Internationalization advantages are the benefits of retaining a core competence within the company and threading it though the value chain rather than obtain to license, outsource, or sell it https://store.theartofservice.com/the-core-competence-toolkit.html

  12. C. K. Prahalad • He was renowned as the co-author of Core competency|Core Competence of the Corporation (with Gary Hamel) and The Fortune at the Bottom of the Pyramid (with Stuart L. Hart). https://store.theartofservice.com/the-core-competence-toolkit.html

  13. C. K. Prahalad - Writings, interests, and business experience • Prahalad is the co-author of a number of well known works in corporate strategy, including The Core Competence of the Corporation (with Gary Hamel, Harvard Business Review, Mayndash;June 1990) which continues to be one of the most frequently reprinted articles published by the Harvard Business Review https://store.theartofservice.com/the-core-competence-toolkit.html

  14. Competitor analysis - Competitor profiling • As such, a comprehensive profiling capability is rapidly becoming a core competence required for successful competition https://store.theartofservice.com/the-core-competence-toolkit.html

  15. Third party logistics - Advantages and disadvantages of third party logistics • As logistics is the core competence of third party logistics providers. They possess better know how and a greater expertise as any producing or selling company could be able. This know how together with the global networks of the often large company size enables a higher time and cost efficiency. https://store.theartofservice.com/the-core-competence-toolkit.html

  16. Third party logistics - Differentiation of 3PL and 4PL • A fourth party logistics provider selects the 3 Pl providers from the market which are most suitable for the logistical issues of his customer. Unlike the allocative function of a 4PL in the supply chain, the core competence of a 3Pl provider is the operative logistics. https://store.theartofservice.com/the-core-competence-toolkit.html

  17. Corporate strategy - Core competence • “The Core Competence of the Corporation”, Harvard Business Review, May–June 1990 https://store.theartofservice.com/the-core-competence-toolkit.html

  18. Gary Hamel - Bibliography • * The Core Competence of the Corporation (Harvard Business Review) (1990) https://store.theartofservice.com/the-core-competence-toolkit.html

  19. Dynamic capabilities - Overview • The term Dynamic Capabilities was first introduced in a working paper in 1989, was influenced by Gary Hamel's multinational strategy research leading to Core Competences of the Corporation and was cited in Ikujiro Nonaka and Hirotaka Takeuchi's innovation strategy work The Knowledge-Creating Company. https://store.theartofservice.com/the-core-competence-toolkit.html

  20. Core competencies • (1990) [http://km.camt.cmu.ac.th/mskm/952743/Extra%20materials/corecompetence.pdf The core competence of the corporation], Harvard Business Review (v https://store.theartofservice.com/the-core-competence-toolkit.html

  21. Core competencies - Core Competence • Management must realize that stakeholders to core competences are an asset which can be utilized to integrate and build the competencies Competence building is an outcome of strategic architecture which must be enforced by top management in order to exploit its full capacity. https://store.theartofservice.com/the-core-competence-toolkit.html

  22. Core competencies - Core Competence • Please note: according to Prahalad and Hamel's (1990) definition, core competencies are the collective learning across the corporation. They can therefore not be applied to the SBU and represent resource combination steered from the corporate level. Because the term core competence is often confused with something a company is particularly good at, some caution should be taken not to dilute the original meaning. https://store.theartofservice.com/the-core-competence-toolkit.html

  23. Core competencies - Core Competence • For an organization to be competitive, it needs not only tangible resources but intangible resources like core competences that are difficult and challenging to achieve. It is critical to manage and enhance the competences in response to industry changes in the future. For example, Microsoft has expertise in many Information technology|IT based innovations where, for a variety of reasons, it is difficult for competitors to replicate or compete with Microsoft's core competences. https://store.theartofservice.com/the-core-competence-toolkit.html

  24. Core competencies - Core competencies and product development • [http://hal.archives-ouvertes.fr/docs/00/49/49/82/PDF/IEEE-TEM-.pdf Design core competence diagnosis: a case from the automotive industry] https://store.theartofservice.com/the-core-competence-toolkit.html

  25. Systematic Inventive Thinking - Near Far Sweet • The NFS principle assures that our ideation will generate ideas that are sufficiently removed from our current situation in order to be interesting, while nevertheless close enough to our core competence in order to be feasible. https://store.theartofservice.com/the-core-competence-toolkit.html

  26. C.K. Prahalad - Writings, interests, and business experience • Prahalad is the co-author of a number of well known works in corporate strategy, including The Core Competence of the Corporation (with Gary Hamel, Harvard Business Review, May–June 1990) which continues to be one of the most frequently reprinted articles published by the Harvard Business Review https://store.theartofservice.com/the-core-competence-toolkit.html

  27. Indian Railway Construction Corporation - Area of Business • The core competence of the Company in order of priority are - Railways, Highways and EHT Substation Engineering and Construction. IRCON is a turnkey construction company that is specialized in Railways (New Railway lines, rehabilitation/conversion of existing lines, Station Buildings and facilities, Bridges, Tunnels, Signalling and Tele-communication, Railway Electrification, and Wet Leasing of Locomotives), Highways, EHV sub-station (engineering, procurement and construction) and Metro rail. https://store.theartofservice.com/the-core-competence-toolkit.html

  28. Empa - History • In the same year, the Empa is streamlining its RD portfolio into five Research Focus Areas, which are geared even more stringently towards Empa's core competence: turning research and technologies into marketable innovations. https://store.theartofservice.com/the-core-competence-toolkit.html

  29. GlobeXplorer - History • GlobeXplorer's defensible core competence was its ability to meter custom profiles of content for consumers and pay royalties to providers based on 512x512 standard image units (SIU). This was accomplished through content hosting, delivery via APIs and application plugins, and https://store.theartofservice.com/the-core-competence-toolkit.html

  30. Berlin School of Economics and Law - IMB Institute of Management Berlin • The IMB’s core competence is the MBA programme, and especially MBAs with different key themes https://store.theartofservice.com/the-core-competence-toolkit.html

  31. École Hassania des Travaux Publics - Academics • With traditional core competences in civil engineering and regional planning EHTP offers high-level programmes in an extensive range of fields, from Computer Science - Software engineering, Electrical engineering to Meteorology engineering and Geographical Information Systems engineering. https://store.theartofservice.com/the-core-competence-toolkit.html

  32. Ross School of Business - Consulting/accounting • *Gary Hamel (BUS: MBA PhD 1990) - Co-Author The Core Competence of the Corporation. Selected Number One Guru by The Economist magazine in 2003 https://store.theartofservice.com/the-core-competence-toolkit.html

  33. Ross School of Business - Current and former professors • * Gary Hamel - Co-Author of The Core Competence of the Corporation. https://store.theartofservice.com/the-core-competence-toolkit.html

  34. List of University of Michigan faculty and staff - Business Week Management Gurus • * Gary Hamel, MBA PhD Co-Author The Core Competence of the Corporation https://store.theartofservice.com/the-core-competence-toolkit.html

  35. Geological Survey of India - Implementation of the S.Vijay Kumar Committee's Recommendations • * Develop and continually enhance GSI’s core competence in survey and mapping through continued accretion, management, co-ordination and utilization of spatial databases (including those acquired through remote sensing) and function as a ‘Repository’ or ‘clearing house’ for the purpose and use new and emerging computer-based technologies for dissemination of geoscientific information and spatial data, through cooperation and collaboration with other stakeholders in the Geoinformatics sector. https://store.theartofservice.com/the-core-competence-toolkit.html

  36. For More Information, Visit: • https://store.theartofservice.com/the-core-competence-toolkit.html The Art of Service https://store.theartofservice.com

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