Core Competence for SustainableCompetitive Advantage:A Structured Methodology for Identifying Core Competence Khalid Hafeez‚YanBing Zhang‚Naila Malak IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT‚VOL.49‚NO.1‚FEBRUARY 2002 Speaker: Pei-Yung Zhong 2002/08/14 1 Outline • Introduction • New Waves of Strategic Management • Capability is Formed by the Integration of Resources • Firm Competencies are Special Capabilities • Core Competencies are Flexible • Core Competence Identification:A Case Study • Discussion
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20120419 Core Concepts in Cultural Competence Key Concepts (printable) |Cultural Competence | | | | |Definition: |Cultural Competence is a set of values‚ behaviors‚ attitudes and practices within a system‚ organization
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CORE COMPETENCY Group No.: 03 Members: 1. Ameet Shinde 2. Nilesh Bhusal Ref: Article Core Competence by C.K. Prahalad Core Competence is a skill/Asset/Technology that underpins the growth of the business and differentiates the business from its current and future Competitors OR Core competence is a bundle of skills and technologies that enables a company to provide a particular benefit to customers e.g. • Sony – benefit is pocketability core competence is miniaturization • Federal Express
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Core Competence Analysis Building Sustainable Competitive Advantage What makes you stand out from the crowd? © iStockphoto/hidesy The idea of "core competences" is one of the most important business ideas currently shaping our world. This is one of the key ideas that lies behind the current wave of outsourcing‚ as businesses concentrate their efforts on things they do well and outsource as much as they can of everything else. In this article we explain the idea and help you use it‚ on both
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STRATEGY Is your core competence A MIRAGE? 40 THE McKINSEY QUARTERLY 1997 NUMBER 1 Managers now consider just about everything a potential competence Are you measurably better‚ can you sustain the diƒference‚ and does it matter? Building a core competence: three options Kevin P. Coyne Stephen J. D. Hall Patricia Gorman Cliƒford C – the idea that a company can succeed without a structural competitive advantage by becoming the best at a few key skills or in a few knowledge
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MB0052-Strategic Management and Business Policy 1. Explain the corporate strategy in different types of organization. A Well-formulated strategy is vital for growth and development of any organization—whether it is a small business‚ a big private enterprise‚ a public sector company‚ a multinational corporation or a non-profit organization. Small business‚ for example‚ generally operates in a single market or a limited number of markets with a single product or a limited range of products
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Campbell 1 A Review of Literature Human Resources as a Core Competence By Jaree L Campbell For Mr. Gary Park HR353 Introduction to Human Resource Management May 4‚ 2013 Campbell 2 Introduction Human Resources as a Core Competence Competencies are basic qualifications necessary to achieve human resources goals. In the human resources field‚ actual knowledge of human resources processes is the only discipline-specific competency. Businesses consider necessary HR competencies
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1. The Airlines industry is quite highly sensitive to the environmental factors and is profoundly affected by the changes in the political‚ social or the economic environment. The marketing decisions of the industry are to an extent based on political decisions. Also‚ the condition of the world economy determines the nature of its marketing policies. Changing pictures of the political sphere have a deep impact on the aviation industry scene. There are political factors like liberalization‚
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Introduction This Essay critically examines British Airways ‚its core competences which differentiates it from others in the Industry‚ it is also going to show how these competences give British Airways competitive advantage ‚ value added will be discussed as well and lastly how internal and external factors will affect British Airways and its ability to achieve its core competence. Definition According to Ansoff‚ Mcdonnell (1990) as cited in Cole‚ G.A (1994) “Strategic management is a systematic
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EasyJet has a unique geographical location because it was born in England. Britain is isolated on geographical conditions‚ across the sea with other countries in the European continents‚ so the aircraft is the most convenient mode of transportation. ‚ but lacking of traditional service. It is more suitable for students and ordinary income people. The development prospects of low-cost airline‚ like easyjet‚ are promising‚ the company is exploring in the dark‚ becoming a good business success stories
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