Harvard Business Review

SEPTEMBER 6, 2017

And a new ecosystem of finance, insurance, energy, infotainment and maintenance services has emerged based on the data-driven, app economy. Building world-class software is not a core competence for most automakers.

Company 17

Company Insurance Engineering Software 17

Harvard Business Review

FEBRUARY 5, 2013

Venture capitalists finance structured experiments — with relatively modest amounts of money and time — intended to produce valuable outcomes. This is one of the core competencies of the industry: An ability to tolerate non-moral failure.

Venture Capitalist 11

Venture Capitalist Entrepreneur Core Competence Morale 11

Harvard Business Review

SEPTEMBER 28, 2012

The rising ability to identify, capture, and repurpose the data byproducts of an ongoing business is coming to rival the perceived "core competence" of the core business itself. The proliferation of digital media means that all organizations are becoming data-rich.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

JUNE 26, 2013

With the swipe of a credit card, the customer support team can move to Zendesk or Desk.com; the HR team lives on Workday; the business intelligence group moves to GoodData or Domo; the finance team logs into Netsuite; the marketing department orbits around Marketo and Salesforce''s marketing cloud.

Supply Chain 11

Supply Chain Competitive Advantage Information Technology How To 11

Harvard Business Review

OCTOBER 18, 2011

They can launch new for-benefit ventures by leveraging their products and services, know-how, core competencies, and assets to develop market-based solutions to particular social or environmental challenges. Here are a few suggestions: Lead by Example. They can invest in for-benefit enterprises.

CEO 16

CEO Incubator Entrepreneur Supply Chain 16

Harvard Business Review

DECEMBER 17, 2013

Modern design schools increasingly encourage this, demanding that graduates be familiar not just with a traditional creative skillset, but with ethnography, finance, coding, and a host of other competencies. More than money or recognition, what drives many top-notch creatives is the promise of perpetual newness.

Management 9

Management Creativity Licensing Core Competence 9

Harvard Business Review

DECEMBER 1, 2017

What is your business’ core competence? In the early stages of the firm, remember to communicate with your co-workers about key strategy costs that are required to grow the business and how their returns will justify the expense. How can you focus your spending on that?

Strategy 11

Strategy Budgeting Cost Price 11

Harvard Business Review

NOVEMBER 20, 2015

Third, who do you want on your core team? You need to know why you’d want to hire an individual: what he or she contributes to the set of core competencies that you need. Why would they be willing to pay for your service? You also need to know what the individual gets out of working for you.

Entrepreneur 8

Entrepreneur Core Competence COO Metrics 8

Harvard Business Review

MAY 11, 2016

economy — especially software-intensive sectors such as media, professional services, and finance — tend to be highly profitable as well. As McKinsey’s researchers write in their report : The most digitized sectors in the U.S. Instead, Bloom says, GE has specialized in engineering and coding.

McKinsey 8

McKinsey Document Engineering Outsourcing 8

Harvard Business Review

JUNE 8, 2015

EB operates Ilum as a separate business, while still drawing on Merck’s established corporate resources in IT, finance, privacy, compliance, and legal. ” Usually, companies often want to utilize “core competencies” in order to expand into “adjacencies.” It’s not just products.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8