The Core Competence of the Corporation C.K. Prahalad and Gary Hamel Harvard Business Review 90311 HBR MAY–JUNE 1990 The Core Competence of the Corporation C.K. Prahalad and Gary Hamel The most powerful way to prevail in global competition is still invisible to many companies. During the 1980s‚ top executives were judged on their ability to restructure‚ declutter‚ and delayer their corporations. In the 1990s‚ they’ll be judged on their ability to identify‚ cultivate‚ and exploit
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Despite a growing interest of competency among mangers and human resource professionals in recent years‚ the modern competency movement in industrial-organizational psychology actually dates from the mid1950’s and early 1970’s. In that regard‚ John Flanagan’s work (1954) and Dave McClelland’s studies (1970) might be cited as two landmark efforts that originally invented the concept of competency. A Precursor of Competency Modeling : The Work of John Flanagan. A seminal article published
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internal components‚ they really couldn’t be more different. For a start‚ the PS4 is small and sleek in comparison to the enormous VCR-like square cuboid of the Xbox One. And this means that the PS4’s box is half the size and weight of the Xbox One. The Sony console can be extracted from its packaging and plugged in and booted up in a couple of minutes. Xbox One on the other hand comes in a huge‚ hulking box. It’s fiddly to open and unpack‚ and it’s full of little compartments‚ carboard and plastic to
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customers always look for new and improved things‚which is why marketers should improve existing products‚ develop new ones‚and discontinue old ones that are no longer needed or wanted by the customer. Sony has a variety of products ranging from electronic devices‚ games and entertainment. So‚ briefly Sony products can be categorized in the following major product categories: i.Television and Projectors. ii.Home video/audio. iv.Home Theatre system. v.Digital Photography. vi.Hand cam video camera
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would be suitable to sell your product to. Sony broke out onto the scene in 1979 providing an innovation that could apply to all demographics‚ not only in Asia‚ but also to the whole world. It was the invention of the Walkman (Walters‚ 2011). The Walkman was the first mobile music device‚ it was the iPod of its time that had completely revolutionised how music was listened to during the late 70’s. It was the ‘wanted’ product of the decade‚ cementing the Sony brand in the mind of consumers as the name
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Contents Executive Summary The following report is a marketing plan for Sony Ericson Mobile in Australia for the 2012-2013 financial year. The Sony Ericson brand continues to grow in unpopularity after several years of underperformance. This has occurred due to Sony Ericson trying desperately to hold onto its premium brand image that comes with a high cost and not focusing its resources on finding the right target market that suites its technology and innovation. The marketing
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1 Sony Sony is the kind of company that constantly launches so many great products that engineers and designers for competing companies must get little rest at night. The Sony is primarily focused on the Electronics (such as AV/IT products & components) and Game (such as PlayStation) and Entertainment (such as motion pictures and music). 2 Sony History Sony was founded in 1946 by Masaru Ibuka and Akio Morita. The two complemented each other with a unique blend of product innovation and marketing
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Marketing The Core CHAPTER 1 CREATING CUSTOMER RELATIONSHIPS AND VALUE THROUGH MARKETING 3 Creating Customer Relationships and Value through Marketing HOW DO COLLEGE STUDENTS STUDY? 3M’S RESPONSE TO A NEW-PRODUCT CHALLENGE! 3M inventor David Windorski faced a curious challenge—understanding how college students study! Specifically‚ how do they read their textbooks‚ take class notes‚ and prepare for exams? First‚ Windorski needed to obtain information on students’ study habits. Next‚
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My writing capabilities‚ when writing about things like emotions‚ fall within the limits of those that I love. I could write novels about my mother’s strength or my sister’s dedication or even one about my cat’s eating habits‚ but when I’ve been asked to write about myself‚ I never can. For a lack of a more scholarly word choice‚ I see difficulty in talking about myself or my qualities without feeling as if I have an extremely inflated sense of self. I tend to keep to myself and while to my innermost
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Case Study # 10 1. What‚ if anything‚ should Sony do to turn around the sales of the PS3? 2. What has been Sony’s strategic approach with regard to new product development? 3. What are the key success factors in the video gaming industry today? Are these the same as in the past? 4. What was Sony’s marketing program for the launch of the PS3? What is the competitive advantage of the PS3? What are the weaknesses of the PS3? 5. Compare the marketing program of the Nintendo Wii to the PS3. How are they
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