Core competencies an essential method for the company. It helps to develop the competitive advantage over other companies. The actual sources of advantage are to be found in the management’s capability to combine business varied technologies and production skills onto competencies that authorize and enable individual businesses to adapt rapidly to shifting opportunities. In short, core competencies are the combined learning in the organization, particularly how to organize various production skills and participate numerous streams of technology to accomplish interactions and generate unexpected products (Prahalad, and Hamel, 1990, p. 79-90). In other words, by selecting and focusing on an organization’s core competences, the management is talented to take significance which empowers the organization to attain a greater productivity. The preferred outputs for an organization are increased profits and revenues. The output for an army organization is mission achievement in battle fighting, solidity operations, or homeland protection. Senior management will consequently be judged on their capability to recognize, encourage, and exploit core competencies that create achievement potential progress and revenue for an organization; efficiency and mission success for a military. While great republics usually tend to develop large, all-purpose forces to cover all possibilities and army characters, smaller republics, with both smallest citizens and resources or budgets must consider what core competencies they should emphasis in order to deliver worth additional contributions as association followers, peacekeeping contributors, and ad-hoc partners. These competencies can suggest concentrating on sure position competences. for Volume 9, 2007 Baltic Security & Defence Review 222 What is Competency?
Competencies are the fundamental elements of talent management practices. They are the demonstrable and assessable knowledge, skills, behaviors, individual characteristics that...
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