STRATEGIC MANAGEMENT 1 Question Why does each of the five generic competitive strategies require a different set of product/market/distinctive competency choices? Give examples of pairs of companies in Zimbabwe’s computer industry and food industry that pursue different competitive strategies. Answer The five generic competitive strategies have become some of the most used competitive strategies in contemporary corporate management. Michael E. Porter (1980) described competitive strategy
Premium Porter generic strategies Marketing Strategic management
CORE COMPETENCIES AND FUNCTIONAL STRATEGIES Core competencies are organizational strengths or abilities‚ developed over a long period of time‚ that customers find valuable and competitors find difficult or even impossible to copy. Honda‚ for example‚ is recog¬nized for having core competencies in the engineering and manufacture of small gas- powered engines. Those core competencies have helped Honda conquer numerous mar¬kets‚ including the markets for motorcycles‚ cars‚ lawnmowers‚ jet skis‚ and
Premium Strategic management Strategic planning Management
Producing Lowest Cost Two-Wheelers: Bajaj Auto Vs Hero Honda By Ved Singh‚ Abhimanyu Prabhavalakar‚ Baskaran Balasubramanian‚ Srikanth Gopalakrisnan Table of Content 1. Indian Economy and Two-wheeler Industry 2. Bajaj Auto Ltd. 3. Hero Honda 4. Cost Management Analysis 1. Indian Economy and Two/Three wheeler Industry As we write this report‚ there are few factors which we would like to state ‚ just to set the context for this report‚ for for Indian Economy in general and then
Premium Honda Motorcycle Bajaj Auto
Core Competencies of a Nurse Practitioner First of all‚ let me differentiate a clinical from a non-clinical role. When we say clinical‚ it has something to do whether or not we treat patients or provide direct patient care of any type. The Nurse Practitioner (NP) role falls under the clinical role since their primary core competency is direct care. Nurse educators and nurse administrators fit in the category of non-clinical role since they don’t render direct patient care. They may interact with
Premium Nursing Health care Medicine
3M’s Leadership Competency Model: An Internally Developed Solution • 133 3M’S LEADERSHIP COMPETENCY MODEL: AN INTERNALLY DEVELOPED SOLUTION Margaret E. Alldredge and Kevin J. Nilan This article describes the development of an executive-level global competency model at 3M. The work on this model was completed in partnership with the company’s top executives and a global team of in-house professionals. The competency model itself consists of 12 competencies and generalizable behavioral anchors
Premium Leadership Human resource management Organizational studies and human resource management
Is Competency-Based Education the Answer? It is no secret that the United States is currently facing a literacy crisis. It is estimated that 21 percent of adults in the United States are reading below a 5th grade level and 19 percent of high school graduates cannot read. In Mike Rose’s book Literacy: A Critical Sourcebook‚ he states “the government requires that one be able to read and write at a sixth-grade level to be functionally literate: that is‚ to be able to meet-to a minimal degree- society
Premium Literacy Education Reading
presented as an effective practice to improve competitiveness based on the development of managerial competencies. The centrality of knowledge and a reduced shelf-life of competencies raise the importance of bringing innovation in life-long learning and human capital development processes‚ above all in terms of people collaboration and interaction. COMPETENCIES In a management perspective‚ competencies are personal capabilities that are demonstrated through measurable knowledge‚ skills‚ abilities
Premium Human resource management Management Learning
IDENTIFYING CORE COMPETENCIES FOR ELECTRONIC RESOURCES LIBRARIANS IN THE TWENTY-FIRST CENTURY LIBRARY A DISSERTATION SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY IN THE GRADUATE SCHOOL OF THE TEXAS WOMAN‘S UNIVERSITY COLLEGE OF PROFESSIONAL EDUCATION BY SARAH W. SUTTON‚ M.L.S. DENTON‚ TEXAS MAY 2011 TEXAS WOMAN‘S UNIVERSITY DENTON‚ TEXAS December 3‚ 2010 To the Dean of the Graduate School: I am submitting herewith a dissertation written
Premium Library science Library Librarian
Running head: SEARS CORE COMPETENCIES EXAMINED Sears Core Competencies Examined July 8‚ 2012 Sears Core Competencies Examined All companies have core competencies that they use to differentiate their company‚ product‚ or service from the competition‚ Sears is no exception. Also‚ it is common for a company’s core competencies to change‚ as their industry progresses through phases and shifts its emphasis between product and process innovations (Regis University‚ 2011)‚ Sears is no exception. Yet
Premium Sears Department store Retailing
Core Competencies Addressing the epidemic of the co-infection requires the core competencies as public health professionals. Omissions of the core competencies are responsible for the unsatisfactory response to the rising epidemic. One of the core competencies is to acknowledge and describe ethical and legal bases of public health. Unfortunately‚ the government of South Africa denied the overwhelming concerns of tuberculosis-HV co-infection. The lack of political will‚ and inappropriate implementation
Premium Medicine Management Health care