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.
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