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Test Your Core Competencies

CO2

I also like Hamel and Prahalad three-question test for helping clients determine if one of their capabilities is actually a core competency : Does the capability make a disproportionate contribution to the ultimate customer value, and/or does it allow the company to deliver value to customers in an appreciably more efficient way?

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6 New Rules for the Digital Age

Leading Blog

“The old adage ‘stick to your knitting,’ for example, a colloquial version of ‘build on your core competence,’ tends to narrow a company’s imagination. Digital companies like Netflix, Amazon, Google, and Alibaba, have certain elements—or approaches—in common: • They imagine a 100x market space that doesn’t yet exist.

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World Innovation Forum - Clay Christensen

CEO Blog

They began by taking the low end of the market - rebar. So the minimills looked up to the next market - Angle iron. Eventually the minimills ended up with 65% of the market and the big integrated mills were mostly out of business. Disruptive innovation often happens at the low end of the market. Again - same story.

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From the Rubble of Dreams: Resilience to Be Reborn

Lead Change Blog

Build on your strength and core competencies. She opened her own marketing and advertising business and more. I believe, like me, you will be awed by what one woman can do with her core competencies and with creativity, a willingness to ask for help, and endless curiosity about what might be next. Turn the page.

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Today’s Organizations Are Outward Bound

Leading Blog

Key here is to figure out what are the core competencies of the organization — those that can’t be let go without it ceasing to be a viable enterprise. Sometimes, however, an organization discover a core competence after it has outsourced it. They venture jointly, the implication being that the relationship is temporary.

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Disruptive Business Models | N2Growth Blog

N2Growth Blog

So, in today’s post I’ll examine the power of disruption as a key business driver… Disruptive business models focus on creating, disintermediating, refining, reengineering or optimizing a product/service, role/function/practice, category, market, sector, or industry. When was the last time you entered a new market?

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Why Strategy Withstands the Test of Time

In the CEO Afterlife

Most of these opportunities fall outside of the core competency of the company and/or the positioning of the brand. Business Models Change and So do Core Competencies. Coke isn’t wasting time assessing non-beverage markets or searching for food acquisitions. The fallout? Great strategies enhance expertise.

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