We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Core Competence of the Corporation - Assignment Example

Comments (0) Cite this document
Critique: The Core Competence of the Corporation TABLE OF CONTENTS S No. Subject Page No. Executive Summary 3 1 Introduction 4 2 Key Definitions 4 3 Key Insights & Takeaways 5 4 Insights from other scholars: Critical evaluation 5 Application to the Case 1 Brief: the two companies 9 2 The Customer 9 3 Applying learnings to the Case 10 4 Core Competence & BBCL 10 5 Core Competence & El Nino 11 6 Assessing the de-constructed components of Core Competence 11 7 Analyzing the Potential BBCL-El Dorado JV 12 8 Conclusion 13 Reference List 14 Executive Summary One of the seminal articles in the strategic management literature, ‘The Core Competence of the Corporation’ paved the way for several rese…
Download full paperFile format: .doc, available for editing
Polish This Essay93.3% of users find it useful
The Core Competence of the Corporation
Read TextPreview

Extract of sample
"The Core Competence of the Corporation"

Download file to see previous pages Effectively, the authors stress on the collective learning of the organization, juxtaposed with technical competencies and production technologies as drivers of core competence. They suggest simple tests that can help assess the construct: i) does the competence help the firm in addressing diverse markets, ii) is it easily imitable? and iii) does the customer perceive a benefit from the end product? In the second part of the report, we apply the learnings to a civil engineering situation where there are two organizational actors: BBCL and El Dorado. We find that the potential Joint Venture could lead to development of core competencies. In the current scheme of things, both companies do not have any clear core competencies. We also analyze the firms in terms of the capabilities that they have developed over the years. The Core Competence of the Corporation 1. ...
firms that have helped them differentiate their firm’s advantages from others; additionally, these key strengths, which Prahalad & Hamel (1993) term as core competencies have enabled the companies to make their mark in several products. These strengths have led the firms to sustained and profitable growth. 2. Key definitions The authors begin with an introduction to two different companies operating in the telecommunications space: GTE and NEC. The time frame studied is 1980 to 1988. While NEC started small, it ended up bigger in revenues and market share during the end of the period. This provided an impetus for the authors to try and identify what lay behind the scenes at these two telecommunication giants. One of the definitions put forth by the authors is the term ‘core competence’ itself. A core competence could be something similar to a capability developed by a company that could help establish a sustainable, defensible and profitable market position. In a competitive environment, a core competence could be a strategic asset. The next question this leads us to is this: if a capability needs to be defined as a core competence, then what criteria can be used to test it? The authors recommend three tests: 1) Does the capability help the firm compete in several product markets? 2) Can the competence or capability be easily imitated by rivals and 3) Is the customer capable of perceiving a difference because of the company’s competence in a particular domain? If the answers to all three questions are in the affirmative, then the particular competence could be termed a core competence. 3. Key Insights & Takeaways To explain with the help of an analogy, the authors use a tree with its roots, branches and fruits. The roots are akin to the core competence. They ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Core Competence of the Corporation Assignment - 1”, n.d.)
Retrieved from https://studentshare.org/management/1436230-the-core-competence-of-the-corporation
(The Core Competence of the Corporation Assignment - 1)
“The Core Competence of the Corporation Assignment - 1”, n.d. https://studentshare.org/management/1436230-the-core-competence-of-the-corporation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Balanced score card
One of the methods that most of the companies are adopting is the ability to exploit intangible assets rather than manager the tangible ones. This ability supplements the old management methods such as restructuring, in a comprehensive concept known as the balanced scorecard.
10 Pages(2500 words)Assignment
The Core Competence of the Corporation
The concept of core competence is commended by the Prahalad, P.J.H Shoemaker, S.T. Walsh & J.D. Linton, M. Tampoe and D.C.Band & G. Scanlan. The study consist of introduction, definition, background of the study, about the topic, critical review of the topic, strength and weakness, application to the task in hand and finally the conclusion.
9 Pages(2250 words)Assignment
Business Plan For Ex-Steam Boat Willie Entreprises
Expected to be equipped with management information system and other technological tool, Ex-steam boat Willie Entreprise is expected to be a unique business of it kind with its own proprietary right, brand within the boat design production and marketing industry, trademark and suppliers etc.
10 Pages(2500 words)Assignment
Critical analysis of activity based costing and traditional costing system
It has been observed that ABC method is the most sought after innovation in the field of management accounting in the last two decades. The method was originated in the Unites States of America during the 1980s as an improved system to enable better cost allocation by means of classification of more costs as direct
11 Pages(2750 words)Assignment
Core Competence of Sharp Corporation
According to the paper, Core Competence of Sharp Corporation, Prahlad and Hamel have already documented in their 1990-article in Harvard Business Review that in technology-intensive companies, core competencies were largely responsible for their successful performance by concentrating on their technological capabilities. 
10 Pages(3000 words)Essay
The core competence of the corporation and apply it to BBCL
They track down the ever volatile customer’s tastes and preferences by supplying the core products that customers have not even imagined of in terms of functionality and aesthetics. Firms integrate a myriad of skills and technical know-how in achieving these
8 Pages(2000 words)Assignment
Major Corporation
This has enabled the corporation to meet its goals and become a leading one all over the world. Some of the Wal-mart’s philanthropic efforts that the
2 Pages(500 words)Assignment
Presentation and Supplementary Report
The technological advancement is increasing more than the previous century. These technologies are being employed for offering cost effective and
13 Pages(3250 words)Assignment
External and Internal Environmental Analysis
In the later section of the paper, the researcher will identify competitive position of Davivienda and role of organizational structure of Davivienda in affecting their performance. Before going to the main
5 Pages(1250 words)Assignment
General Electric (GE)
The capital segment of the company can be further sub categorised into the business of home appliances, medical devices, financial services, software development, automotive, life sciences, engineering and pharmaceutical industry products and services. As of 2011, GE was listed as the 26 largest company in the United States.
10 Pages(2500 words)Assignment
Let us find you another Assignment on topic The Core Competence of the Corporation for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us