"Personal Competencies" Essays and Research Papers

Personal Competencies

A competency trap is the false belief that the same practice that led to a past success, it will necessary lead to a future one. Even though this term was introduced in management literature, "competency trap" is wide in scope and can be applied in different fields such as business, military and in the personal. Competency traps derive from excessive specialization, "Competency traps represent a tendency to maintain existing and familiar technologies and routines (Levinthal and March 1993)."; and...

Core competency, Disruptive technology, Innovation 2550  Words | 7  Pages

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Entrepreneurial Competency

Personal Entrepreneurial Competencies - The EMPRETEC Model Research by McClelland and McBer, funded by USAID, has identified 14 personal entrepreneurial competencies (PECs) which appear to characterize the behaviour of successful entrepreneurs. The study, conducted in India, Ecuador and Malawi, also found that these PECs transcended culture, country and continent. These competencies can be grouped into 3 main clusters and the EMPRETEC model has merged some of these competencies to derive...

Economics, Entrepreneurship, Finance 517  Words | 4  Pages

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Juvenile Competency to Stand Trial

Juvenile Competency to Stand Trial Marcia Kasmarcik FPSY-6125 Assessment in Forensic Psychology Settings Walden University October 23, 2011 Juvenile Competency to Stand Trial In this paper we will examine competency to stand trial, more specifically juvenile competency to stand trial. Competency to stand trial has to do with the defendant’s state of mind at the time of the trial. An individual is judged competent to stand trial if he or she understands the nature of the proceedings...

Adjudicative competence, Competence, Competency evaluation 1142  Words | 3  Pages

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Core Competencies and Competitive Advantages

Core Competencies A 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. 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. C.K. Prahalad...

Business, C. K. Prahalad, Core competency 1693  Words | 7  Pages

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Nikes Core Competencies Exist In Their

Nike’s core competencies exist in their effective marketing strategies and their innovative product design. These two elements provide much value and benefits to Nike’s consumers, are not easy for competitions to imitate, and can be leveraged widely to most of their products and markets. Although Nike does not manufacture any of its own shoes, the company is still today’s leader in selling athletic shoes and apparel. Nike's marketing strategy is an important component of the company's success. Nike...

Athletic shoe, Core competency, Footwear 1503  Words | 5  Pages

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Define Competitive Advantage and Core Competencies

assets measured as the cost of capital applied to replacement costs. On the other hand, core competency is central to the resource-based perspective on corporate strategy. The resource-based view of strategy is that sustainable competitive advantage arises out of a company’s possessing some special skills, knowledge, resources or competencies that distinguish it from its competitors. Core competency is a bundle of a specific knowledge; skills, technologies, capabilities and organization which enables...

Core competency, Costs, Economics 844  Words | 3  Pages

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Managerial Competency

Introduction ‘‘Competency-based strategic management is a relatively new way of thinking about how organizations gain high performance for a significant period of time. Established as a theory in the early 1990s, competence-based strategic management theory explains how organizations can develop sustainable competitive advantage in a systematic and structural way. The theory of competence-based strategic management is an integrative strategy theory that incorporates economic, organizational and...

Competence, Management, Personal life 1180  Words | 4  Pages

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Personal Responsibilty

Personal Responsibility Essay One’s chances of succeeding in college are highly dependent on their ability to demonstrate their personal responsibility. By doing so, one will be set for success not only in college, but also in life. Personal responsibility is also seen by many as a way to determine one’s character. Instead of giving up on one’s desires in life through the use of poor personal responsibility, they should push themselves to their greatest potential. There are many definitions...

Failure, Individual responsibility, Personal 793  Words | 3  Pages

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Amnesia and Competency to Stand Trial: Can You Defend Yourself Without Memory?

Amnesia and Competency to Stand Trial: Can you defend yourself without memory? Mark O'Brien Forensic Psychology Dr. Alina Perez Florida Institute of Technology April 13, 2012 Abstract The American court system sometimes calls on forensic psychologists to determine the fitness of a defendant to stand trial. This paper specifically looks at the defendant amnesia as criteria for determining competency. Specifically, the author first investigates the psychological standards for determining...

Competency evaluation, Court, Forensic psychology 2578  Words | 7  Pages

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Personal Responsibility

further explanation or discussion. I’m here to help. Thomas Uskali Written Assignment Grading Form for Personal Responsibility Essay Statement, Due Week Five Content and Development 6 Points | Points Earned 5.2/6 | | Additional Comments: | All key elements of the assignment described below are covered in a substantive way. | | Write a 1,050- to 1,100-word paper expanding your Personal Responsibility Essay by incorporating feedback from your facilitator and teammates, and including the...

Education, Educational psychology, Ice cream 2023  Words | 6  Pages

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The Impact of Core Competencies on Competitive Advantage - Essay

The Impact of Core Competencies on Competitive Advantage 1. Introduction Companies need to learn to manage tomorrow's opportunities as competently as they manage today's businesses. The discovery of new competitive space is helped when a company has a class of technology generalists that can move from one discipline to another. The new market development can be geared up by developing the capability to redeploy the human resources quickly from one business opportunity to another. It is the top...

Core business, Core competency, Management 1806  Words | 6  Pages

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The Importance of Personal Responsibility

The Importance of Personal Responsibility GEN/200 As an adult you are responsible for every action that you take, but before that action are a series of thoughts that lead you to taking that action. Your personal responsibility starts at a young age, you are either taught personal responsibility as you grow into an adult by being held accountable of your own actions or the responsibility is taken from you. Depending on how you were brought up your transition into becoming an adult can either...

Full-time, Hold, Holding 875  Words | 3  Pages

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Employment and Personal Values

| What do you do if your personal values are in conflict with organizational/interpersonal business protocols? | Reaction Paper – Week 2 | Professional Development MBA-525-MBOL5 | Kelly M. Mistretta | 7/15/2012 | | Values are a part of each of us. Our value system is influenced from birth by family members. As we grow, our values continue to be shaped by our family, in addition to outside influences such as teachers, friends and other mentors. In our professional life, we will...

Code of conduct, Conflict, Conscience 823  Words | 3  Pages

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Competency Inventory

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...

Core business, Core competency, Functional group 4456  Words | 14  Pages

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Personal Responsibilty

Personal Responsibility GEN/200 Melissa Caviness University of Phoenix 2014 Essay Personal responsibility is one’s accountability towards his or her actions and doings, and accepting the consequences that can take place because of those doings. It is one’s own concern and commitment to deal with his or her surroundings effectively. In other words, personal responsibility is being responsible for one’s activities at his or her individual level to explore and manage ways to make life better...

Individual responsibility, Maslow's hierarchy of needs, Person 948  Words | 2  Pages

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Sustainable Competitive Advantage Through Core Competencies in a Resource Based Approach

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...

Core competency, Economics, Firm 1631  Words | 5  Pages

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Ikea Case

What are the core competencies and end products of IKEA? How are they linked with each other? The most important core competencies of IKEA is their ability to design furniture and interior products with a strong focus on a nice and appealing design combined with the lowest integral costs. IKEA uses its open warehouse and self-service approach as a USP (unique selling point), while at the same time it reduces space requirements and thus costs. Their unique level of core competencies enables IKEA to...

Business theory, Competence, Core business 826  Words | 3  Pages

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PERSONAL DEVELOPMENT

UNIT 1 ASSIGNMENT: PERSONAL DEVELOPMENT SECTION 1: TIME MANAGEMENT EXPLAIN THE BENEFITS OF EFFECTIVE TIME MANAGEMENT Effective Time Management is a valuable resource. Those who learn to value it go much ahead in life. On the other hand, the people who take time for granted often end up losing much. Prioritizing well is the key to time management and proper management of time can improve the quality of your life, almost dramatically. These are some of the benefits of Effective Time Management: ...

Better, Human Development Index, Life 1487  Words | 6  Pages

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Personal Assistant

Personal Assistants Behind every great manager, director or CEO you’ll normally find a hard-working, super-efficient personal assistant planning their life effortlessly. Take a look behind closed doors and see what life as a PA is like...         So, what will I actually be doing? As a personal assistant you'll be helping out your boss with whatever they need, from managing a diary to typing up reports or planning meetings. Basically, you help organise their life so they'll always know where...

Civil engineering, Executive assistant, Management 1222  Words | 5  Pages

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Competency mapping

proper management of Human resources. Competency Mapping, which is yet unexplored in India, is considered as one of the best HR tool, which leads in most adequate recruitment, and selection of an employee. Thus to have the in depth knowledge of Competency Mapping, the study is done. And apart from that, it is also necessary to find its importance and Applications in an organization. Apart from this, the study is done with the object to understand Competency Mapping for an Individual. 2 Objectives...

Assessment, Competence, Core business 17374  Words | 76  Pages

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Debate Outsourcing External Environment Scan Proposition

Kotler a service is defined as; "any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product". The core competency of a service company is delivering service related to the industry it is operating in. According to Maurice Greaver II author of strategic outsourcing, Outsourcing is the act of transferring some of a companies’ recurring internal activities and/or...

Business process outsourcing, Core business, Core competency 982  Words | 4  Pages

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U.s. vs prince

are told -- still encourage their children to enter this profession. 1 But the parent who happens to read this opinion may not be so quick to urge a loved child to become a lawyer after learning how the defendant in this case expressed his extreme personal dislike of his lawyer. Likewise, the would-be lawyer raised on the hit television series, L.A. Law, to [**2] believe a law degree is that golden ticket to a glamorous career of big money, fast cars and intimate relationships among the beautiful...

Competency evaluation, Court, Law 2122  Words | 7  Pages

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Carnival Corporation Case Study

Introduction Carnival Corporation as the largest cruise line in the world is being a leader and innovator in the cruise line industry. Many of the onboard activities and services were introduced to strengthen the competencies between competitors. The challenges of the Carnival were being overcome by the management with creative and innovative strategies. As a corporate entity, Carnival did not refuse to withdraw money to settle the ocean pollution charged by public. The expansions of cruise line...

Carnival Cruise Lines, Core competency, Cruise 2234  Words | 7  Pages

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Personal Responsibility Essay

 Personal Responsibility An Outline for Personal Responsibility Intro: Although people sometimes have limited choices in life, personal responsibility is very important because it is a major factor in your personal growth and is directly related to your success. (Thesis) Basic information on topic Body Paragraph I: Important to your personal growth Neil quote Provide evidence or examples Body Paragraph II: Is directed related to your success Gorrell quote Provide evidence...

Homework, Individual responsibility, Management 745  Words | 3  Pages

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Dell's Core Competencies

 Core Competencies Stevens-Henager College By Lindsey Merrill November 26, 2013 Student: Lindsey Merrill Professor: Robert Robertson Abstract Core competencies provide a framework for the company to build additional products, move forward into other markets, gain a larger market share, and explore new ideas. Dell Inc. has over 5000 patents today that started from the computer revolution and internet development. This paper will describe a brief...

Computer, Customer, Dell 2262  Words | 7  Pages

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Personal Development

1.0 - INTRODUTION. in this paper i will merit and demerit my skills and competencies against professional standard and also organizational objective. i will also develop a professional development plan which help me to take time to write and reflect on my career thus increasing my self-awareness and help me to organize and synthesize my thoughts and goals. by doing the PDP (Professional development plan) i will gain in Self-awareness, i will be seeking outside input which is to do some more research...

Audio engineering, Learning, Live sound mixing 1146  Words | 5  Pages

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Article Summary

Corporation, Prahalad and Hamel urged leaders to rethink the concept of the corporation itself – from a portfolio of businesses managed and optimized independently, to a portfolio of competencies spanning across individual businesses and delivering real and sustaining competitive advantage. Nurturing core competencies requires thinking and operating differently. The authors explained that, “When the organization is conceived of as a multiplicity of SBUs, no single business may feel responsible for...

Capital punishment, Competence, Core competency 669  Words | 4  Pages

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Ethics on Outsourcing

it provides an almost immediate opportunity for savings resulted from outsides that can often perform certain activities better or cheaper. Outsourcing allows a company to focus its entire energies on those activities at the center of its core competencies and that are the most critical to its competitive and financial success. In order to achieve deemed advantageous of outsourcing, following criterion have been discussed in the chapter 6 – Supplementing the Chosen Competitive Strategy of the...

Better, Core competency, Customer relationship management 840  Words | 3  Pages

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Global Household Brands Case

structure, and strategic priorities in order for the company to grow in the household product industry. The analysis of the internal factors shows that Global Household Products have strong distribution throughout the industry and have a core competency for developing quality products. This analysis allows for GHB to expand past their previous four product lines, and possibly develop synergies with other smaller companies like Glad, to differentiate products such as 2000 flushes and Carpet Fresh...

Cash flow, Core competency, Leveraged buyout 1668  Words | 5  Pages

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Organizational Development

in the selection process, I've used one of two options to determine the necessary core competencies of an incumbent. I've either extensively interviewed the supervisor, as well as several peers, subordinates and perhaps customers, vendors and anyone else that might interact with a prospective incumbent; or I've given the same individuals a professionally prepared, validated questionnaire to determine competencies. These processes are called 360° profiling. However, in nearly every one of these 360°...

Business Decision Mapping, Competence, Core competency 896  Words | 3  Pages

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Under Armour Case Anylasis

five forces model. Strengths Weaknesses Opportunities Threats Summary Identify which strengths will advance to core competency status. Core Competencies Core competencies are strengths that are expressed in value chain terms. For example, to describe a firm’s strength in the area of distribution centers, write something to the effect of “The firm has a core competency in inbound and outbound logistics, because the distribution centers handle incoming supplies and components as well as outgoing...

Core business, Core competency, Management 862  Words | 4  Pages

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Strategic Management

increasing space contribution from hypermarkets will allow it to drive a higher share in non-food. Tesco has grown its non-food division to the extent that its revenues now total 23% of total group earnings. Inaddition, in Insurance, In fiscal 2003 Tesco Personal Finance reached the milestone of one million motor insurance policies, making it the fastest growing motor insurance provider ever. The group’s instant travel insurance allows Clubcard holders to buy their holiday insurance conveniently at the checkout...

Core competency, Insurance, Management 1230  Words | 4  Pages

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Sandee

business. However, to be in a position to exploit opportunities or respond to threats, a business needs to have the right resources and capabilities in place.An important part of business strategy is concerned with ensuring that these resources and competencies are understood and evaluated - a process that is often known as a "Strategic Audit".The framework of rules and practices by which a board of directors ensures accountability, fairness, and transparency in a company's relationship with its all stakeholders (financiers...

Core competency, Corporate governance, Management 765  Words | 3  Pages

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student

com/blogs/schumpeter/2012/03/electric-cars> Piggott, L. 2012, The purpose of Business Strategy (BUSS1001), The University of Sydney, Sydney, 19 March, viewed 25 March 2012, Pryor, M.G., Anderson, D., Toombs, L.A. and Humphreys, J.H. 2007, ‘Strategic implementation as a core competency; the 5P’s model’, Journal of Management Research, vol.7, no.1,pp. 3-17. Soyref, M. 2012a, Strategic analysis tools (BUSS1001), The University of Sydney, Sydney, 26 March, viewed 30 March 2012, Soyref, M. 2012b, Strategy Formulation and Implementation...

Core competency, Management, Michael Porter 1283  Words | 6  Pages

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‘Personal Growth and Reconciliation Through Love Are the Predominant Concerns in Away’

Personal growth and reconciliation through love are the predominant concerns in Away’ In the play Away personal growth and reconciliation through love are the predominant concerns that have been represented throughout the play. Personal growth through love is evident in the characters of Coral and Roy and reconciliation through love is evident in the characters of Vic and Harry. Gow uses techniques such as symbols, music and lighting to show how personal growth and reconciliation is shown through...

Accept, Audience, Emotion 819  Words | 3  Pages

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Core Competence of the Corporation

Business Strategy Assignment This essay will follow the course of identifying the key areas of the core competency theory that the article entitled ‘The Core Competence of the Corporation', written by Prahalad and Hamel, explores as well as positioning the concepts in the wider debate of theory, comparing and contrasting with other ideas from strategic theory. Secondly, this piece will look at some underlying assumptions of the business world that the article formulates when looking upon its concepts...

Business, Core competency, Knowledge management 1863  Words | 6  Pages

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Personal Assistant

Personal Assistant (PA) Interview Questions The main duties of a personal assistant are to provide administrative support to a senior manager or director and help them perform their daily tasks. Secretarial duties carried out by a PA include arranging meetings, screening phone calls, dealing with correspondence, writing letters and emails, taking diction and minutes, and looking after visitors. In addition, a personal assistant may be expected to carry out research, deal with office budgets, organize...

Hugo Weaving, Personal assistant, Problem solving 2208  Words | 7  Pages

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NYT Case

led by quality Journalism, they must utilize this core competency by adapting to the digital world. The NYT should transform into a 100% online-based news outlet. By eliminating their massive fixed assets costs, they should be able to return to a profitable company within 3 years. Analysis: It is clear that the NYT’s strategy is to compete based on differentiation, made possible through the competitive advantage of their core competency, high quality and trust worthy journalism. Their current...

Advertising, Core business, Core competency 958  Words | 4  Pages

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Zara Fast Fashion

on design as this is the main way in which ZARA differentiates itself from its competitors – producing affordable yet trendy clothes. Does ZARA have any Core Competencies? Core competencies are defined as capabilities that serve as a source of competitive advantage for a firm over its rivals. We have identified 4 key core competencies in the functional areas of Human Capital, Marketing, Manufacturing and Design for ZARA. Human Capital Marketing Manufacturing Design > In-store personnel...

Core business, Core competency, Management 1341  Words | 6  Pages

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Pixar and Disney

which is Disney’s strength. On the other hand, the collaboration between Disney and Pixar has rejuvenated Disney. This report will firstly explain how the macro environment and industry has changed. It will then analyze the core resources and competencies for Disney and Pixar and, finally, will evaluate the best strategy for Disney to pursue next as the agreement between Disney and Pixar comes to termination. What is happening in the macro environment at the time of the case? Technology development...

Animation, Core competency, Management 1865  Words | 7  Pages

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Can Albertson's Trounce Wal-Mart

increase employee satisfaction by making it easier and efficient for employees to do their work in this area. The update to the human resource system also helps to boost employee morale by making it easier to access information, track progress and view personal records. Together, these IT systems increase value for Albertson's in many different areas help move them closer to their giant competitors. 3) In comparison to Wal-mart, Albertson's is both similar and different. Both of these companies are...

Business model, Core business, Core competency 949  Words | 3  Pages

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Three IT Sourcing Cases

hindered: Mismatch of core competencies State Retirement System - Insourcing Conversion process: Important data may be corrupted or lost Misalignment with business strategy Technical: Infrastructure incompetence Data consolidation/migration Difficulties in implementation: Phasing out old system to test new 3. What actions on the part of each company mitigated these risks? Business Risk Mitigation Steps Southwest Bank - outsourcing Not outsourcing a critical competency RFP: Only target companies...

Business, Core business, Core competency 384  Words | 2  Pages

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Manage Personal

Nisathip Peeratrakul ID: 01332 Manage Personal Work Priorities and Professional Development Today’s office has become much busier than before. Not only are most companies trying to “go lean” but the amount of interruptions has increased drastically. E-mail alone can take hours out of the average worker’s day, without producing anything of value to the company. Many see “multitasking” as the way to solve this problem. Yet, recent studies show that multitasking actually reduces one’s productivity...

Customer, Customer service, Goal 1097  Words | 4  Pages

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Huskey Injection Molding

Small-tonnage machines were excluded in its product mix as these machines are used for commodity products produced by assembly lines. The majority of large-tonnage machines were excluded which enabled Husky to keep costs down and focus on its core competency. This proved to be advantageous, as the market for injection molding equipment for the PET packaging application increased from $346 million in 1993 to $755 million in 1995 and was expected to increase to $1153 million in 1998. By focusing its...

Core competency, Customer, Customer service 2065  Words | 7  Pages

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Yahoo and Amazon: Building a Competitive Advantage

4. Analyze the manner in which each company’s distinctive competencies help to shape the strategies that each company pursues. Provide a rationale to support the response. Distinctive and core competencies are essential in transforming the strategies of the companies (Mellat-Parast, 2013). Effective strategic implementation depends on the distinctive competencies. On the fore, Amazon has various distinctive competencies that have assisted it in shaping its strategies. The technology...

Amazon.com, Core competency, Management 1627  Words | 5  Pages

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Strategic Management and Core Competence

CORE COMPETENCY Group No.: 03 Members: 1. Ameet Shinde 2. Nilesh Bhusal Ref: Article Core Competence by C.K. Prahalad Core Competence is a skill/Asset/Technology that underpins the growth of the business and differentiates the business from its current and future Competitors OR Core competence is a bundle of skills and technologies that enables a company to provide a particular benefit to customers e.g. • Sony – benefit is pocketability core competence is miniaturization • Federal Express...

C. K. Prahalad, Competence, Core competency 734  Words | 4  Pages

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Competencies in Hr

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...

Competence, Core competency, Game theory 650  Words | 2  Pages

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Strategic Management 2014

changed by other rivals’ capabilities (Barney, 1991). According to Prahalad and Hamel, core competencies can be identified through at least three following tests: provides potential access to a lot of segments, should contribute greatly to customers’ awareness of the benefits they gain from product and should be hard to copy from competitors (Prahalad, C. & Hamel, G., 1990). It means that core competencies are special, unique and strong tools of the company, so they can use these strengths to compete...

Brand, Core competency, Management 1635  Words | 5  Pages

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Lego Final

manufacturing costs due to the availability of cheap labor; make less investments in expensive equipment, staff and IT systems; optimize resource utilization and free up management time from outsourced routine supporting activities to focus on its core competencies; and when domestic manufacturing capacity is reached. Outsourcing is a good strategy for the following situations: Tasks that require specific manufacturing equipment and technical expertise can be outsourced to vendors who specialize in these...

Core business, Core competency, Management 1719  Words | 3  Pages

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Final, Forensic Psychology Paper

Final Project Assessing Competency The Edward Wilson Case Kristen Fortin Kaplan University CJ233: Intro to Forensic Psychology Professor Katia Araujo Feb 4, 2013 Abstract Currently working in an Arizona State Mental Health Facility as a Forensic Psychologist, I have been recently given the task, court ordered by the judge to evaluate a patient’s competency to stand trial. His name is Edward Wilson. He is a 25 year old male with a history of mental illness...

Adjudicative competence, Competence, Competency evaluation 2318  Words | 7  Pages

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Bpo Attrition- the Problem and Its Solution

segment? BPO is based on the premise that whatever competencies are not very important for an organization  (not their core competencies); outsource or ask somebody else who is adept at doing it, to do it for the organization. In this way the organization can concentrate on its core competencies and not worry about on trivial issues, which are not strategic in nature. But these days we even find organizations outsourcing their core competencies or the core business aspects to BPO's to gain the advantage...

Business process, Business process outsourcing, Core competency 1510  Words | 5  Pages

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What is core compentency

 A unique ability that a company acquires from its founders or develops and that cannot be easily imitated. Core competencies are what give a company one or more competitive advantages, in creating and delivering value to its customers in its chosen field. Every core competency is regarded as capability but every capability is not regarded as a core competency because of its: 1. Relevance: Firstly, the competence must give your customer something that strongly influences him or her to choose your...

Competence, Core business, Core competency 915  Words | 3  Pages

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Competency Based Interview

the voice mail service 12. First to cancel the administration fees 13. First to offer per-second billing 14. First to offer life-time validity 15. First to introduce a special tariff for regions Innovation  Whether in the personal or business segments, our innovation extends to products and services that are carefully tailor-made to suit customers’ diverse needs. Our philosophy of tailoring tariff plans and personalizing offers to cater to the changing needs of our customers...

Competence, Core competency, Dissociative identity disorder 6648  Words | 21  Pages

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Enclean Case

processes had been developed and successfully maintained. However, by 1992, as a result of rapid expansion, many divisions were executing quality procedures as a formality, just to satisfy the corporate group. Thus, EnClean is undermining its core competency – high quality service. 2. What should have been done differently? A. While we were growing over the years, we should have kept in check our financial fundamentals. Our desire to grow through acquisitions was so great that we would often...

Battalion, Core business, Core competency 941  Words | 5  Pages

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Core Competencies

of the Corporation Article Overview Core competencies, as described later in the article, “are the collective learning the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies.” This article started by discussion how corporations usually dealt with global competition in the 1980’s. This swiftly changed in the 90’s when companies had to become better able to exploit their core competencies and grow. The article then proceeded by looking...

Core business, Core competency, Corporation 699  Words | 2  Pages

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Resource Based Sources of Competitive Advantage

tangible, examples of these are buildings, plant, machinery and stock. Resources can also be intangible or human resources, examples of these intangibles can be items such as good will and reputation, core competencies and also core staff. Pralahad and Hamel (1990) identified seven core competencies of resources that an organisation may possess in order to gain a competitive advantage. “A core competence is an area of specialized expertise that is the result of harmonising complex streams of technology...

Core business, Core competency, Management 2160  Words | 6  Pages

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Competency Mapping in Hcl Limited

University Centre: D-82, Malviya Nagar, New Delhi-110 017 (Code No.1640) NIPSTEC COMPETENCY MAPPING IN HCL COMNET LTD (A Subsidiary of HCL Technologies) PROJECT By Project report submitted in partial fulfillment of the requirements for ‘Master of Business Administration’ Distance Education Wing, Syndicate House, Manipal-576 104 1 I hereby declare that the project report entitled: COMPETENCY MAPPING IN HCL COMNET LTD Submitted in partial fulfillment of the requirements for...

Competence, Core competency, Four stages of competence 13917  Words | 61  Pages

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Core Competence for Sustainablecompetitive Advantage: a Structured Methodology for Identifying Core Competence

Capability is Formed by the Integration of Resources • Firm Competencies are Special Capabilities • Core Competencies are Flexible • Core Competence Identification:A Case Study • Discussion 2002/08/14 2 Introduction • What is “core competence”? • A conceptual framework is presented showing relationships between assets,capabilities,competencies and core competencies. • Use this framework to evaluate the competencies and core competencies of U.K. manufacturing company. 2002/08/14 3 New Waves of...

Asset, Balance sheet, Business terms 790  Words | 6  Pages

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Review of Core Competence

non-replicability. The core competencies which is defined as “the collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies” (Prahalad and Hamel,1990),is the derivative of the derivative of the Resource Based View (Srivastava, 2005). The persuasive case examples of successful organizations, such as 3M, Honda, and Canon, appear to develop strategy depending on the present and future competencies rather than the analysis...

Core business, Core competency, Human resource management 1859  Words | 7  Pages

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General Electric's Corporate Strategy

following aspecrs. Businesses Intergration—it combines product differnantion and lower cost. One of GE value statements is “live quality, and drvie cost and speed for competitive advantage.” Innovation—techenolgy and innovation is its core competency. Strategic entrepreneurship— Welch, a CEO of GE(1981-2000) slashed layers of management and began a series of internal initiatives, such as Six Sigma. Core business Innovation is the most important strategy of General Electric Type of diversification: ...

Core business, Core competency, Economics 511  Words | 3  Pages

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