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
Date: 02/05/2013 Article: Harvard‚ Blue ocean strategy “Competing in high overcrowded industries is no way to sustain high performance. The real opportunity is to create blue oceans of uncontested market place.” This quote that is on the top of the first page just about sums up the article‚ but I will go further in depth in what the article says. What is the best way to drive profitable growth in an industry? Or company? According to the article it is to enter into the market place that
Premium Blue Ocean Strategy Sales Marketing
Easy Jet E-Marketing Management Summary This is a report about the e-marketing management of the easyJet airline which is one of the airlines which has embraced the concept of online bookings. Under this arrangement‚ the company has been able to cut a portion of the market and its customer base has been rising since it started online bookings in 1998. The company has been able to commence other service and integrate them with its websites such that customers have more access to various services
Premium Low-cost carrier Airline Southwest Airlines
Experiments and Statistics The Short Laboratory Report Momentum principle and jet impacts Introduction Water turbines are widely used throughout the world to generate power‚ they were developed in the 19th century and were widely used for industrial power prior to electrical grids. This is applying the principle of conservation of linear momentum theorem. When a jet of fluid strike a flat or curved surface it will produce a force. The fluid will not rebound
Premium Force
Marketing Diary-by Da Zhang Sessions11-Models of Competitive Analysis My Key Concept- Core competence Core competencies are the collective learning of the organization and the guiding parameters for new markets and diversification. A company with core competencies‚ will be able to create more value. The process of developing core competencies starts with the strategic intent of being a leader in the market by leveraging the resources which requires three investments‚ technology‚ governance process
Premium Strategic management Management
Blue Nile Inc.; Case Analyst Blue Nile was founded in 1999 and today‚ it is one of the largest online retailers of diamonds. In addition to selling diamonds‚ it also offers platinum‚ gold‚ peral‚ and sterling silver jewelry. It is headquartered in Seattle‚ Washington and it operates in 25 countries‚ offering products through its United States‚ Canada and the United Kingdom Websites. The Company is public traded on the NASDAQ stock exchange and has received several rewards for its service price
Premium Diamond Engagement ring Online shopping
launched‚ the Pioneer (Courtney‚ 1) .This spacecraft just touched the beginning of space‚ or the edge of the stratosphere (Courtney‚ 1).This spacecraft is one of the reasons the Jet Propulsion Laboratory created the Voyager. In the mid 1960s‚ we figured out that all of the outer planets will align (Bell‚ Interview). The Jet Propulsion Lab (this is the lab that creates all of the rockets) knew that the planets aligning was good because it only happens about 175 years in 1980 for the year (Bell‚ Interview)
Premium NASA Space exploration Moon
WestJet Case Study Current Market Situation Strengths The greatest strength of WestJet is their brand image. Through their superior customer service‚ WestJet has become one of the most trusted brands as well as Canada’s preferred airline. (Anonymous‚ 2011)‚ (marketing weekly news‚ 2012) One of the most important strengths of WestJet is their ability to provide low fares to consumers because of their low cost structure. (Yannopoulos‚ 2011) A key strength for WestJet has been the ability
Premium Management Strategic management Marketing
PERSONNEL PSYCHOLOGY 2011‚ 64‚ 225.262 DOING COMPETENCIES WELL: BEST PRACTICES IN COMPETENCY MODELING MICHAEL A. CAMPION Purdue University ALEXIS A. FINK Microsoft Corporation BRIAN J. RUGGEBERG Aon Consulting LINDA CARR Sun Microsystems GENEVA M. PHILLIPS RONALD B. ODMAN Boeing Company The purpose of this article is to present a set of best practices for competency modeling based on the experiences and lessons learned from the major perspectives on this topic (including applied
Premium Organizational studies and human resource management Industrial and organizational psychology Human resource management
and Processing 41 (2002) 551– 561 www.elsevier.com/locate/cep Evaluation of steam jet ejectors Hisham El-Dessouky *‚ Hisham Ettouney‚ Imad Alatiqi‚ Ghada Al-Nuwaibit Department of Chemical Engineering‚ College of Engineering and Petroleum‚ Kuwait Uni6ersity‚ P.O. Box 5969‚ Safat 13060‚ Kuwait Received 4 April 2001; received in revised form 26 September 2001; accepted 27 September 2001 Abstract Steam jet ejectors are an essential part in refrigeration and air conditioning‚ desalination‚ petroleum
Premium Pressure Vapor pressure Chemical engineering