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HIGHLIGHTS
DOCUMENT DESCRIPTION
The Core Competence Model is a corporate strategy model that starts the strategy process by thinking about the core strengths of an organization.
Whereas the traditional outside-in approach (e.g. Porter’s Five Forces, BCG Matrix) places the market, competition, and customer at the starting point of the strategy process, the Core Competence Model does the opposite. It states that in the long run, competitiveness derives from an ability to build a Core Competence at lower cost and more quickly than competitors.
The real sources of Competitive Advantage are to be found in management's ability to consolidate corporate-wide technologies and production skills into competencies, through which individual business units can adapt quickly to changing circumstances. A Core Competence can be any combination of specific, inherent, integrated, and applied knowledge, skills, and attitudes. Our Core Competence may result in the creation of unanticipated products and services.
This presentation discusses the 4 dimensions of a Core Competence:
• Skills and Knowledge Base
• Technical Systems
• Managerial Systems
• Values & Norms
Additional topics covered include Core Rigidity, Core Competence Clarification, Core Competence Mindset.
Got a question about the product? Email us at [email protected]. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Core Competences, Competitive Advantage PowerPoint Slides: Dimensions of Core Competence PowerPoint (PPT) Presentation, PPT Lab
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DETAILS
This business document is categorized under: Business Framework Primers
File Type: PowerPoint (ppt)
Tag(s): Core Competences Competitive Advantage
Number of Slides: 21 (includes cover, transition, & marketing slides)
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Upload date (first version): Oct 30, 2016
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