Slide 3: NOKIA Nokia Corporation is a Finnish multinational communications corporation‚ headquartered in Keilaniemi‚ Espoo‚ a city neighboring Finland’s capital Helsinki. Nokia produces mobile phones for every major market segment and protocol‚ including GSM‚ CDMA‚ and W-CDMA (UMTS). Nokia has sites for research and development‚ manufacturing and sales in many continents throughout the world. Slide 4: Nokia Nseries On 27 April 2005‚ Nokia announced a new brand of multimedia devices at the press
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The Analysis of Burberry’s Sustainable Competitive Advantage base on its Resources and Capabilities Introduction Burberry is a British luxury brand founded by Thomas Burberry in 1856‚ which design‚ sources manufactures and distributes high quality apparel and accessories for men‚ women and children. Burberry “has been defined by an overt Brutishness‚ a trio of instantly recognizable icons (the trench coat‚ the trademark check‚ and the ‘prorsum’ knight logo)‚ and a deft creativity that ensure
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C e n t r e o f M a n a g Core Competence Introduction: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. A core competency can take various forms‚ including technical/subject matter know-how‚ a reliable process and/or close relationships with customers and suppliers. It may also include
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strategy is identifying the organization’s core competencies. Therefore‚ an important part of strategic planning is identifying and predicting the core competencies. Core Competencies According to Prahalad and Hamel (1990) “Core competencies are the collective learning in the organization‚ especially how to coordinate diverse production skills and integrate multiple streams of technologies.” From their points of view the core competencies are the collective knowledge and skills that
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P ag e |1 NOKIA STUCK IN THE MIDDLE Two Sides of the Phone Introduction: WHATS GOING FOR NOKIA INDIA PAUL BALAJI‚ Managing Director of Nokia India‚works late into the night and is often up at 3 am.Work gets to the point of addiction‚ he says.You start thinking about it in your sleep as well‚to suddenly wake up and plan the next day or check response to mails sent around midnight. Giving him the jitters are not just market reports in his inbox of a general slowdown‚but even crying
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Political The Political factors relates to the factors which the government also affects such as government instability or rules and regulations which the business must follow. Nokia have recently moved one of its manufacturing facilities to India‚ and because of this it is important that Nokia follow the rules and regulations that are set in India‚ so that they can operate as efficiently as possible. The types of things they will have to be aware of is the minimum wage‚ the maximum hours a week
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Ansoff Matrix for Nokia Market penetration Product development Market development Diversification Current markets New markets Figure: The Ansoff matrix Market penetration The aim of market penetration is to sell existing products to an existing market‚ to do this Nokia must do a few things: ■ Change the pricing scheme (for example‚ penetration or competitor based) ■ Introduce discounting ■ Start up a different advertising campaign or consider changing
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A PROJECT REPORT ON “COMPETENCY MAPPING” AT AMS FASHIONS PVT LTD(ITC Limited) (NOIDA) SUBMITTED TO AMS Fashions Pvt Ltd‚NOIDA BY MUKTA SHAKYA MPM “DIV B”(2009-2011) SINHGAD INSTITUTE OF MANAGEMENT PUNE-411041 DECLARATION I ‚ MUKTA SHAKYA the undersigned‚ hereby declare that the project report entitled “COMPETENCY MAPPING” written and submitted by me to the AMS Fashions Pvt Ltd
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*--Explain the concept of core rigidity. Do long lived organizations inevitably have difficulties avoiding the problem? Use examples from automobile industry --* Core competencies are capabilities that serve as a source of competitive advantage for a firm over its rivals (Hanson‚ 2008). Those capabilities must include usage of services or resources being valuable‚ rare‚ non-substitutable and costly to imitate. Using the capabilities strategically will make a core competency‚ which brings the significance
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Functional Competency Inventory and Design by Jai Cortes I. Title of the Diagnostic Tool: Functional Competency Inventory and Design II. Overview of the Diagnostic Tool a. Definition In a nutshell‚ functional competency inventory and design‚ is a tool which aims to measure the competencies of functional groups of organizations‚ which are affected by their respective core objectives. In 1973‚ McClelland supported “testing for competence‚ rather than intelligence.” By definition‚ competencies are “general
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