A core competency is a concept in management theory originally advocated by C. K. 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. The importance of the
Premium Management Walt Disney
Disney’s Core Competency Walt Disney once noted: “I only hope that we don’t lose sight of one thing – that it was all started by a mouse”. (Disney Dreamer‚ 1998). Walt Disney’s original core competence was cartoons and animated movies. By combining Imagineering with engineering Disney’s company reached unparalleled success with the creation of the first full length animated movie. This success led to new ideas and one of them was to open a park‚ a different kind of park. In Disneyland Walt used
Premium The Walt Disney Company Walt Disney World Resort Walt Disney
2. What are core competences? Core competences are critical capabilities to a business achieving competitive advantage. The starting point for analysing core competences is recognising that competition between businesses is as much a race for competence mastery as it is for market position and market power. Senior management cannot focus on all activities of a business and the competencies required to undertake them. So the goal is for management to focus attention on competencies that really affect
Premium Strategic management Management Marketing
Core Competency involves incorporating diversity into practice. This skill is associated with several practice behaviors that I will be linking to specific artifacts. The first practice behavior is transforming one’s behavior in response to recognition of one’s biases based in difference and culture. This practice behavior relates to an Alcohol Anonymous meeting that I attended‚ and I had to write a reflection for my substance abuse class. The second practice behavior is modifying and adapting mainstream
Premium Psychology Sociology Education
Core Competencies of a Clinical Nurse Practitioner and a Non-Clinical Nurse Administrator Susan Brown South University Dr. Donna Falsetti Role of the Advanced Practice Nurse – NSG5000 October 7‚ 2012 Although both the non-clinical nursing administrator and the clinical nurse practitioner are both advanced positions in the field of nursing‚ they are not the same position that requires the same core competencies across the board. Nursing is a challenging field of study that allows for similarities
Premium Management Nursing Leadership
Leadership and Roles of Graduate Nurse South University Leadership and Roles of Graduate Nurse After taking the leadership quiz‚ it was revealed to me that I am a Participative leader. This type of leadership style describes me very well and up holds my beliefs and values in leadership. Understanding the meaning of participative leadership style helps me understand to roles that are required for this style of leadership. As a participative leader one listens to what the team has
Free Positive psychology Leadership Skill
Running head: SEARS CORE COMPETENCIES EXAMINED Sears Core Competencies Examined July 8‚ 2012 Sears Core Competencies Examined All companies have core competencies that they use to differentiate their company‚ product‚ or service from the competition‚ Sears is no exception. Also‚ it is common for a company’s core competencies to change‚ as their industry progresses through phases and shifts its emphasis between product and process innovations (Regis University‚ 2011)‚ Sears is no exception. Yet
Premium Sears Department store Retailing
Core Competencies of a Nurse Practitioner First of all‚ let me differentiate a clinical from a non-clinical role. When we say clinical‚ it has something to do whether or not we treat patients or provide direct patient care of any type. The Nurse Practitioner (NP) role falls under the clinical role since their primary core competency is direct care. Nurse educators and nurse administrators fit in the category of non-clinical role since they don’t render direct patient care. They may interact with
Premium Nursing Health care Medicine
IDENTIFYING CORE COMPETENCIES FOR ELECTRONIC RESOURCES LIBRARIANS IN THE TWENTY-FIRST CENTURY LIBRARY A DISSERTATION SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY IN THE GRADUATE SCHOOL OF THE TEXAS WOMAN‘S UNIVERSITY COLLEGE OF PROFESSIONAL EDUCATION BY SARAH W. SUTTON‚ M.L.S. DENTON‚ TEXAS MAY 2011 TEXAS WOMAN‘S UNIVERSITY DENTON‚ TEXAS December 3‚ 2010 To the Dean of the Graduate School: I am submitting herewith a dissertation written
Premium Library science Library Librarian
Core Competencies Addressing the epidemic of the co-infection requires the core competencies as public health professionals. Omissions of the core competencies are responsible for the unsatisfactory response to the rising epidemic. One of the core competencies is to acknowledge and describe ethical and legal bases of public health. Unfortunately‚ the government of South Africa denied the overwhelming concerns of tuberculosis-HV co-infection. The lack of political will‚ and inappropriate implementation
Premium Medicine Management Health care