Core Competence: Employee Knowledge and Skills PPT

This PPT slide, part of the 21-slide Dimensions of Core Competence PowerPoint presentation, presents the first dimension of core competence, focusing on the Knowledge and Skills of the employee base. It emphasizes that this dimension is closely tied to Core Capabilities, highlighting its significance in organizational effectiveness. The text outlines that the Knowledge and Skills dimension includes a range of competencies, such as firm-specific techniques and scientific understanding. It covers internal knowledge, technical skills, business capabilities, and the expertise of employees in their respective functional areas.

The slide underscores the importance of this dimension, suggesting it is the most critical among others. It captures the essence of technical and professional excellence that underpins major product offerings. This emphasis on technical proficiency indicates that companies should prioritize developing their workforce's skills and knowledge to maintain a strong market position.

Furthermore, the relevance of this dimension to New Product Development (NPD) is explicitly stated. This connection suggests that a robust knowledge and skills base is essential for innovation and successful product launches. Organizations looking to enhance their capabilities in NPD should consider investing in training and development initiatives that strengthen their employees' technical and business skills.

Overall, the slide serves as a reminder that the competencies embodied in employees are foundational to achieving strategic goals and driving product success. Companies that recognize and act on this insight are likely to see improved performance and innovation outcomes.

This slide is part of the Dimensions of Core Competence PowerPoint presentation.

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Competitive Advantage Core Competencies Organizational Effectiveness Core Competence New Product Development New Product Development Product Development Innovation

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