Managing procedure of developing competences and capability
What are the managing procedure of developing and strengthening competences and capabilities?
Expert
Four traits concerning competitive capabilities and core competencies are valuable in successfully managing the organization-building procedure:
i. Competitive capabilities and Core competences are bundles of skills and knowledge that most frequently grow out of the joint efforts of cross-functional work sets and departments executing complementary activities at different locations in the firm’s value chain.
ii. Normally, a core competence or capability come outs incrementally out of organization efforts either to strengthen skills that contributed to earlier achievements or to react to consumer problems, new market and technological opportunities, and the competitive plotting of rivals.
iii. The key to leveraging a core competence into a capability or a distinctive competence into a competitively bigger capability is concentrating extra effort and extra aptitude than rivals on deepening and strengthening the capability or competence so as to achieve the ascendancy required for competitive benefit.
v. Evolving changes in consumer’s needs and competitive conditions often need tweaking and adjusting a organization’s portfolio of competences and intellectual capital to keep its capabilities new honed and on the cutting edge.
implication of learning on managerial performance
Illustrates the Core Concept of Global competition?
What are the steps actions to know full value by TQM or Six Sigma Initiatives?
What is a descriptive example of the difference between activity-based cost accounting and traditional cost accounting?
Explain about the Trimming Costs.
According to Abraham Maslow’s hierarchy, what do you mean by Self-actualization level?
what is the difference between the narrow and wide span of control?
Explain about the Core Concept of adverse exchange rate fluctuations.
Explain the role of the Manager of a company.
Briefly describe the word ‘Line function’?
18,76,764
1936742 Asked
3,689
Active Tutors
1458619
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!