close
    competancy-definition?

    meaning of complacency

    0  Views: 283 Answers: 2 Posted: 12 years ago

    2 Answers

    A core competency is a concept in management theory originally advocated by CK Prahalad, and Gary Hamel, two business book writers. In their view a core competency is a specific factor that a business sees as being central to the way it, or its employees, works. It fulfills three key criteria:


    It is not easy for competitors to imitate.It can be re-used widely for many products and markets.It must contribute to the end consumer's experienced benefits.


    A core competency can take various forms, including technical/subject matter know-how, a reliable process and/or close relationships with customers and suppliers.[1] It may also include product development or culture, such as employee dedication, best Human Resource Management (HRM), good market coverage etc.


    Core competencies are particular strengths relative to other organizations in the industry which provide the fundamental basis for the provision of added value. Core competencies are the collective learning in organizations, and involve how to coordinate diverse production skills and integrate multiple streams of technologies. It is communication, an involvement and a deep commitment to working across organizational boundaries.[vague] Few companies are likely to build world leadership in more than five or six fundamental competencies.


    For an example of core competencies, when studying Walt Disney World - Parks and Resorts, there are three main core competencies:[2]

    Suitability.



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    ev88beer
    Answers: 0 Views: 6 Rating: 0
    Jun88 – Tong quan ve nhung diem manh dac biet
    Answers: 0 Views: 8 Rating: 0
    lambangdaihocre
    Answers: 0 Views: 10 Rating: 0
    f168slotcom
    Answers: 0 Views: 5 Rating: 0
    Jun88 – Cong game doi thuong online an toan
    Answers: 0 Views: 8 Rating: 0
    tuccobet giriş
    Answers: 0 Views: 7 Rating: 0
    > More questions...
    506574
    questions
    749792
    answers
    846932
    users