This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
Core competence PPT: Learn the 4 key dimensions of core competencies and capabilities with clear frameworks. Download this professional presentation now. Dimensions of Core Competence is a 21-slide PPT PowerPoint presentation slide deck (PPT) available for immediate download upon purchase.
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
This PPT delves into the intricate process of identifying and clarifying Core Competencies, following a structured three-step approach. It emphasizes the importance of articulating Strategic Intent, setting challenges, and empowering the Strategic Intent to align the entire organization towards common goals. The presentation also provides three critical tests to identify Core Competencies, ensuring they provide access to multiple markets, revolve around customer benefits, and are difficult for competitors to imitate.
The document further explores the concept of Core Rigidity, cautioning against the pitfalls of allowing Core Competencies to become obsolete due to over-reliance. It highlights the need for continuous enhancement of Core Competencies by redesigning the organization's architecture. This resource is indispensable for executives aiming to build world leadership in fundamental competencies and avoid the stagnation that comes with Core Rigidities.
This PPT slide outlines a framework of 4 key dimensions defining an organization's core competence: "Skills & Knowledge Base," "Values & Norms," "Managerial Systems," and "Technical Systems."
"Skills & Knowledge Base" emphasizes the expertise and intellectual assets necessary for innovation and efficiency.
"Values & Norms" shapes employee interactions and influences organizational culture, fostering collaboration and commitment.
"Managerial Systems" refers to the processes governing decision-making and resource allocation, ensuring smooth operations and adaptability to market changes.
"Technical Systems" includes tools and technologies that enhance productivity and maintain competitiveness.
Leveraging these dimensions enables organizations to assess strengths, identify improvement areas, and align strategic initiatives with core competencies for better performance and sustainable growth.
This PPT slide outlines a framework for identifying core competencies essential for strategic intent, featuring guiding questions and 3 definitive tests. The guiding questions provoke critical thinking about how the absence of specific competencies affects industry dominance, future opportunities, market access, and customer benefits. The first test requires competencies to provide access to diverse markets, enabling exploration of multiple growth avenues. The second test assesses the contribution of competencies to customer-perceived benefits, ensuring alignment with customer needs. The third test emphasizes the difficulty of imitation by competitors, highlighting the necessity for unique capabilities. Few organizations can achieve world leadership across multiple core competencies, indicating the need for focused strategic development.
Values and norms play a critical role within the Core Competence framework, shaping the content and structure of organizational knowledge. They influence knowledge approaches, contrasting open source and proprietary systems, as well as formal education and experiential learning methods. Values manifest in organizational practices, embedding culture within operational frameworks. Foundational beliefs and norms leave a lasting imprint on an organization’s identity and decision-making processes. This alignment of values with strategic objectives enhances decision-making and strengthens organizational culture. The 4 dimensions reflect accumulated behaviors and beliefs, indicating that core competencies are rooted in historical context and cultural frameworks, guiding executives in evaluating and improving their organizations.
This PPT slide outlines a three-step process for identifying and clarifying core competencies within an organization. The first step, "Articulate Strategic Intent," involves defining overarching goals and objectives to align actions with the strategic vision. The second step, "Identify Core Competencies," focuses on analyzing specific strengths and capabilities that differentiate the organization in its market, contributing to its unique value proposition. The final step, "Enhance Core Competencies," advocates for proactive development through investments in training, technology, or process improvements. This structured approach drives organizational effectiveness and positions the organization to meet strategic goals and respond to market demands.
This PPT slide outlines a strategic approach to fostering a Core Competence mindset within organizations. It emphasizes collaboration across business units, urging leaders to stop viewing Strategic Business Units (SBUs) as isolated entities. As SBUs evolve, they develop unique competencies, which can lead to a narrow focus and stifle talent. Identifying projects and individuals that exemplify core competencies signals that these are corporate assets, not confined to specific SBUs. Reallocating resources to those embodying these competencies ensures talent is directed toward promising opportunities, preventing skill atrophy. Management must gather insights on next-generation competencies, assessing investment needs and capital allocation across divisions to sustain growth and innovation. This framework promotes a culture of shared resources and long-term thinking, breaking down barriers between units to leverage collective strengths.
This PPT slide focuses on the first dimension of core competence: Knowledge and Skills of the employee base, which is closely tied to Core Capabilities. This dimension encompasses competencies such as firm-specific techniques, scientific understanding, internal knowledge, technical skills, and business capabilities. A strong knowledge and skills base is essential for New Product Development (NPD), indicating that companies should invest in training initiatives to enhance their workforce's technical and business skills. Recognizing the foundational role of employee competencies is crucial for achieving strategic goals and driving product success, leading to improved performance and innovation outcomes.
Technical Systems are a vital component of core competence, representing the accumulation and structuring of tacit knowledge over time. These systems integrate both physical production and information systems, synthesizing knowledge that enhances organizational capabilities and efficiencies. They encompass information and procedural elements essential for operational effectiveness and include artifacts left by skilled employees, such as systems, procedures, and tools that embody expertise. Leveraging Technical Systems can improve decision-making and strategic initiatives, capitalizing on existing competencies to enhance operational frameworks.
Source: Best Practices in Competitive Advantage, Core Competences PowerPoint Slides: Dimensions of Core Competence PowerPoint (PPT) Presentation Slide Deck, PPT Lab
This framework is developed by a team of former McKinsey and Big 4 consultants. The presentation follows the headline-body-bumper slide format used by global consulting firms.
For $10.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
ABOUT FLEVYPRO
This document is part of the FlevyPro Library, a curated knowledge base of documents for our FlevyPro subscribers.
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.
Trusted by over 10,000+ Client Organizations
Since 2012, we have provided business templates to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
"Flevy.com has proven to be an invaluable resource library to our Independent Management Consultancy, supporting and enabling us to better serve our enterprise clients.
The value derived from our [FlevyPro] subscription in terms of the business it has helped to gain far exceeds the investment made, making a subscription a no-brainer for any growing consultancy – or in-house strategy team."
– Dean Carlton, Chief Transformation Officer, Global Village Transformations Pty Ltd.
"The wide selection of frameworks is very useful to me as an independent consultant. In fact, it rivals what I had at my disposal at Big 4 Consulting firms in terms of efficacy and organization."
– Julia T., Consulting Firm Owner (Former Manager at Deloitte and Capgemini)
"One of the great discoveries that I have made for my business is the Flevy library of training materials.
As a Lean Transformation Expert, I am always making presentations to clients on a variety of topics: Training, Transformation, Total Productive Maintenance, Culture, Coaching, Tools, Leadership Behavior, etc. Flevy
It is well worth the money to purchase these presentations. Sure, I have the knowledge and information to make my point. It is another thing to create a presentation that captures what I want to say. Flevy has saved me countless hours of preparation time that is much better spent with implementation that will actually save money for my clients.
"
– Ed Kemmerling, Senior Lean Transformation Expert at PMG
"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."
– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory
"I have used Flevy services for a number of years and have never, ever been disappointed. As a matter of fact, David and his team continue, time after time, to impress me with their willingness to assist and in the real sense of the word. I have concluded in fact
that it is not at all just a repository of documents/resources but, in the way that David and his team manage the firm, it is like dealing with consultants always ready to assist, advise and direct you to what you really need, and they always get it right.
I am an international hospitality accomplished senior executive who has worked and lived during the past 35 years in 23 countries in 5 continents and I can humbly say that I know what customer service is, trust me.
Aside from the great and professional service that Flevy's team provide, their wide variety of material is of utmost great quality, professionally put together and most current.
Well done Flevy, keep up the great work and I look forward to continue working with you in the future and to recommend you to a variety of colleagues around the world.
"
– Roberto Pelliccia, Senior Executive in International Hospitality
"Flevy is now a part of my business routine. I visit Flevy at least 3 times each month.
Flevy has become my preferred learning source, because what it provides is practical, current, and useful in this era where the business world is being rewritten.
many challenges and there is the need to make the right decisions in a short time, with so much scattered information, we are fortunate to have Flevy. Flevy investigates, selects, and puts at our disposal the best of the best to help us be successful in our work.
"
– Omar Hernán Montes Parra, CEO at Quantum SFE
"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor
the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant's toolbox.
"
– Michael Duff, Managing Director at Change Strategy (UK)
"As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.
Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I
have been able to exceed expectations and deliver quality advice and solutions to my clients. The quality and expertise of the authors are exemplary and gives me great confidence to use as part of my service offerings.
I highly recommend this company for any consultant wanting to apply international best practice standards in their service offerings.
"
– Nishi Singh, Strategist and MD at NSP Consultants
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more.
Click main image to view in full screen.
