Identifying Core Products in Competency Analysis


This PPT slide, part of the 17-slide Core Competencies Analysis PowerPoint presentation, outlines Phase 3 of a Core Competencies Analysis, focusing on identifying core products. The primary goal is to pinpoint essential products by examining connections among various offerings. This involves recognizing commonalities among products or services linked to each core item. Examples provided include microprocessor chips, creative design, motors, and lenses, illustrating the diverse nature of potential core products.

The process begins with identifying the company's products and then grouping these into relevant business categories. This grouping helps in clarifying the relationships between end products and their respective core products. The slide emphasizes a direct approach, suggesting that one can bypass traditional business categorizations to streamline the identification of core products. This method allows for a more focused analysis, honing in on what truly constitutes the company's core offerings.

The visual representation, labeled as the "Core Competencies Tree," serves as a framework for organizing these products. It highlights three core products, which are central to the analysis. The structure encourages a systematic approach to understanding how various products interrelate and contribute to the overall business strategy.

This slide is crucial for any organization looking to refine its product strategy. It provides a clear methodology for identifying what products are fundamental to the business, enabling better resource allocation and strategic planning. By following this structured approach, executives can gain insights into their product portfolio, which can lead to more informed decision-making.



This slide is part of the Core Competencies Analysis PowerPoint presentation.

This presentation is created by former McKinsey, BCG, Deloitte, EY, and Capgemini consultants. Learn the 5-phase approach to Core Competencies Analysis used by global strategy consulting firms.

Download the Full Presentation


EXPLORE MORE SLIDES FROM THIS PRESENTATION


EXPLORE MORE PRESENTATIONS ON

Competitive Advantage Core Competencies

Are you familiar with Flevy? We are you shortcut to immediate value.
Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab



Flevy is the world's largest knowledge base of best practices.


Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.




Read Customer Testimonials



Download our FREE Strategy & Transformation Framework Templates

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.