You see it everywhere in magazine articles and advertisements‚ but what exactly is a core competence? At its simplest‚ a core competence is a unique capability that affords some type of competitive advantage. It corresponds to a business process‚ and involves underlying skills‚ functions‚ systems and knowledge. To determine if something is of core competence‚ one must ask‚ "Does this ’thing’ give the company a unique advantage over its competitors and help make the company profitable"? Capabilities
Premium Strategic management Sam Walton Management
perceive the justice system and legal actors as “enemies” due to high degree of power imbalance. This has potential to increase the trust between the client and the lawyer which is the fundament of the fiduciary relationships. Acquiring cultural competence goes beyond one-hour training sessions‚ it requires constant introspection‚ professional and self-development‚ and acquisition of new skills. The capability of acting in a culturally competent manner includes the elements of “awareness; competency
Premium Culture Lawyer Cross-cultural communication
PDHPE STAGE 6 HSC COURSE HSC CORE ONE: HEALTH PRIORITIES IN AUSTRALIA HOW ARE PRIORITY ISSUES FOR AUSTRALIAS HEALTH IDENTIFIED? Health priority issues are those health issues that are greatest concern to governments and support organizations due to the effect they have on the overall health of Australians and the burden of health on the economy. * Measuring health status Health status is the pattern of health of the population in general over a period of time. We measure our health
Premium Health economics Epidemiology Mortality rate
Executive Summary This essay will focus on the process of technological accumulation of Nissan (Japan) and Hyundai (Korea) in shaping their competitive advantage. Technological capabilities can be achieved from leveraging multinational corporations via external or internal modes. Government should also play an active role in providing institutions and supportive industrial policies to enhance the economy. Last but not least‚ a good adaptive strategy is required in order to compete in the ever-changing
Premium Mitsubishi Motors Ford Motor Company
1. How to improve your own Interpersonal communication competence. Although the art of communication is sometimes perceived as an innate skill‚ one can learn to develop or enhance this skill. One may ask how? The answer is simple; by adapting and adjusting to the person’s behaviour in order to convey a message that is well understood‚ that will produce the desired results without compromising the communicator’s self-respect. 2. How to improve your self-esteem (pg 29) To every effort amounts
Premium Communication Psychology Writing
Star Alliance: strategic issues The creation of Star Alliance is rooted in the deregulation of the Airline industry. Prior to that time most operators were viewed as inefficient carriers needing government support. Finally‚ governments had enough and decided to allow competitive forces eliminate inefficiencies from companies by deregulating the industry. One-way was to let new entrants into the marketplace and allow operating costs and prices to fluctuate depending on free market competition
Premium Star Alliance
The core product The product Samowar intends to provide is basically the Russian food. The food will be freshly made to order with guaranteed authenticity. Customer’s needs will be more than satisfied as they will come to Samowar seeking a meal for their hunger. It will certainly meet their natural need for food whilst going above and beyond for taste. To ensure the taste is up to standards‚ Taikow will be working in the kitchen himself along with a very experience team of hand-picked kitchen staff
Premium Marketing Product management Food
A Publication of the Pacific and Asian Communication Association. Vol. 11‚ No. 3‚ pp.303 – 312. Communication Competence: A Malaysian Perspective Lailawati Mohd Salleh‚ PhD Faculty of Economics and Management Universiti Putra Malaysia 43400 Serdang‚ Selangor Malaysia Email: lailawati_mohd_salleh@hotmail.com 304 Communication Competence Introduction Communication competence has been studied in a diverse array of scholarship such as human-computer interaction‚ marketing‚ gerontology‚ institutional
Premium Communication
a new graduate nurse transitioning into the nursing practice‚ the Quality and Safety Education for Nurses (QSEN) six core and five Institute of Medicine (IOM) core competencies are tools and guidelines that can be used to support you in transitioning into the nursing practice. The QSEN six core competencies was developed to provide a means to meet the challenges
Premium Nursing Nurse Safety
Your Alliances Are Too Stable by David Ernst and James Bamford A Executives often bemoan the instability of their business partnerships. But what really makes them hard to manage is their rigidity. JUNE 2005 LLIANCES PLAY A MAJOR ROLE i n / \ almost every industry-from airlines to oil exploration‚ from pharmaceuticals to semiconductors. In fact‚ we’ve found that the typical corporation relies on alliances for 15% to 20% of Its total revenues‚ assets‚ or income. While some
Premium Joint venture Parent company Holding company