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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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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The Foundation of Orthodoxy and the Canon For years‚ the dispute about what is fact and what is opinion has been present in the church. This debate is seen‚ in modern day‚ through the different denominations that are under the Christianity banner. Under the banner of Christianity there are Catholic‚ Baptist‚ Presbyterian‚ Apostolic‚ Methodist‚ Seventh-Day Adventist‚ Church of God in Christ (C.O.G.I.C)‚ and Lutheran. Now‚ even though each of these denominations call themselves Christians
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WHAT IS A COMPETENCY? There are various definitions given for the term competency. Combining the basic ideas embedded in all definitions‚ competency can be defined as: “ A combination of knowledge‚ skills‚ attitude and personality of an individual as applied to a role or job in the context of the present and future environment‚ that accounts for sustained success within the framework of Organizational Values.” Sometimes competencies are also defined as “ cluster of successful behaviors
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successful texts‚ Competitive strategy(1980) and Competitive advantage(1985). These ideas however began to come under fire in the 1990’s in a Harvard business review article with the idea of competitive advantage being held with the use of core competencies “an area of specialised expertise that is the result of harmonizing complex streams of technology and work activity” (Prahalad and Hamel‚ 1990) and with the emergence of what became known as the Capabilities approach to firm performance or Resource
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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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In 1992‚ Rank Xerox decided to launch a new line of copiers made from refurbished or recycled parts. In spite of this reclaimed content‚ the company intends to position the machines as "new." This move can offer a response to the growing environmental pressures in Western Europe and throughout the world. But the company has to overcome a challenge: how to bring the new line to market‚ especially considering pricing‚ promotion‚ guarantees‚ and national regulations? The marketing of its "environmentally
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A STUDY ON COMPETENCY MAPPING AS A TOOL FOR EMPLOYEE DEVELOPMENT CONDUCTED AT RANE ENGINE VALVE LTD. A Project Report submitted to UNIVERSITY OF MADRAS In partial fulfillment of the requirement for the award of the degree of BACHELOR OF BUSINESS ADMINISTRATION Submitted by J.ENOCK (NG70577)‚ P.JUSTIN VIMAL RAJ (NG70581)‚ N.MAGESH (NG73102)‚
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Primary Value-Adding Activities for Canon Part 1 (Person C) As we can see from the complete value chain above‚ the primary value adding activities consist of inbound logistics‚ operations‚ outbound logistics‚ marketing and sales and service. For the purposes of this analysis‚ the value chain for Canon’s digital cameras will be isolated from other company divisions for analysis. Inbound Logistics Most of Canon’s manufacturing subsidiaries related to the production of their cameras are located
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Competency mapping How does the HR department avoid making the mistake of hiring a round peg for a square hole? By using competency mapping‚ says Sudipta Dev Competency-based HR is considered the best HR. In India however competency development and mapping still remains an unexplored process in most IT organisations despite the growing level of awareness. After all‚ Level 3 of PCMM is focused on the competency framework in an organisation. Is the underlying principle of competency mapping just
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