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.
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