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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.

Charan 307
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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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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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But My Business Is Different… | N2Growth Blog

N2Growth Blog

All business (for profit or not) provide goods, services, or intellectual property/capital to a market (or markets) for some form of consideration. Even the most savvy CEO may have blind spots in his or her skill sets, core competencies, or voids in the org chart which can also cause blind spots.

Blog 305
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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.

Strategy 165