Core Competencies A core competency is a concept in management theory originally advocated by CK Prahalad‚ and Gary Hamel‚ two business book writers. In their view a core competency is a specific factor that a business sees as being central to the way it‚ or its employees‚ works. It fulfills three key criteria: 1. It is not easy for competitors to imitate. 2. It can be re-used widely for many products and markets. 3. It must contribute to the end consumer’s experienced benefits. C.K. Prahalad and
Premium Strategic management Management
(Difference between Intel Core i7 and Core 2 Duo) - The Core i7 is a completely new architecture which is much faster and more efficient than the Core 2 Duo. Currently only the Core i7 920‚ 945 and 965 XE versions are available. Of that the Core i7 920 is available at just $284 which makes it a great buy. It offers better performance than almost all Core 2 Duo processors. Native Quad Core‚ More Cache and Hyper Threading: All the Core i7 processors are Native Quad cores (4 cores)‚ which means that
Premium Intel Core
When I walked into the C&L Frosty’s restaurant‚ I saw the picture was still hanging on the wall. Frosty’ s had been our sponsor when my fourth grade team won the little league championship. It’s been almost ten years and the photo of the winning team still hangs above the ice cream cooler. Since my parents got divorced and I moved in 8th grade‚ there have been three friends who I’ve spent numerous vacations and holidays with. These are friends that I not only still talk to and see periodically‚ but
Premium
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
Premium Management Strategic management
following learning resources are for guidance/reference ONLY!!! Please do not copy‚ as your work may be rejected by your Assessor!! The following ‘outcomes’‚ need to be met‚ to show your assessor competency of your work practices. Unit: CYP core 3.1 1. Understand the expected pattern of development for children and young people from birth - 19 years. 1.1. Explain the sequence and rate of each aspect of development from birth – 19 years. 1.2. Explain the difference between sequence of
Premium Developmental psychology Psychology Learning
A PROJECT REPORT ON A consumer behavior study on [pic] And Its brand perception among Indian women In partial fulfillment of the requirement for the award of degree of Bachelor of business administration (BBA.) DECLARATION I do hereby declare that this piece of Project report entitled “A consumer behavior study on Lakme And Its brand perception among Indian women” for partial fulfillment of the requirements for the award of the degree of “Bachelor of
Premium Cosmetics
Sermorelin : Product Description Sermorelin is a synthetic hormone which was created to stimulate the production of Growth Hormone (GH) by the pituitary gland in the brain. It is a growth hormone-releasing hormone (GHRH) peptide analogue which contains a peptide sequence of 29 amino acids. It is the shortest synthetic peptide that has all the functional properties of GHRH since it is a copy of the active portion of the natural human GHRH. As such‚ it is a growth hormone secretagogue. GHRH is a hormone
Premium Insulin DNA Diabetes mellitus
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
Premium Strategic management
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. The nature and scope of operations are likely to be less of strategic issue than in larger organizations. Not much of strategic planning may also be required or involved; and‚ the company may be content with making and selling existing products and generating some profit. In many cases‚ the founder or the owner himself forms the senior/top management
Premium Strategic management Strategic planning Management consulting
their quest to acquire and develop new products‚ will the use of the PTSTP method help Pepsi develop new products in order to obtain a sustainable competitive advantage?A product is defined in three levels; core‚ actual‚ and augmented. The core of the product is the benefit it offers the consumer. For the example of colas‚ it could be refreshment‚ energy (sugar and caffeine)‚ alertness‚ or just pleasure. The soda itself is the actual product. The augmented product for a cola could be the recognition
Premium Coca-Cola Cola Marketing