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Utilizing a Core Competence

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Core Competence

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Michael
13
Michael, USA

Utilizing a Core Competence

Once an organization has defined its Core Competence, finding or creating new markets to leverage the CC becomes a crucial task. Who can give some advise or suggest a generic method how such markets can be discovered? Please share your experiences.

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  Burt Miller
0
Burt Miller, US
 

Finding Markets for Core Competences

Each year, we ask our SBU's to come up with new ideas. On top of that we established a Center of Excellence to assist in the process, nurture the CC and help think out of the box. Competitive Benchmarking is another track you may want to explore.

  Sjef
0
Sjef, Netherlands
 

Tool to find new markets

Try Blue Ocean Strategy - Four Actions Framework.

  Rajan Mani
0
Rajan Mani, India
 

Markets for Core Competence

I doubt whether any generic method is feasible. After all, every market is unique and in the process of synchronising with core competence, the process of seeking best fit has to be undergone. I suppose this is where the concept of a 'strategic window' becomes relevant

 

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More on Core Competence
Summary Discussion Topics
topic Why Protect Core Competence?
topic CC as an Organisational Trait(s)
topic Identifying a Core Competence
topic Imitation of Core Competence
topic Core Competency versus Corporate Competency?
topic The Virtual Company and Core Competences
👀Utilizing a Core Competence
topic Always link Strategy to CC
topic Financial Valuation of a Core Competence
topic Core Competences and Porter's 5 Forces
topic Is CC REALLY Different from FF?
topic Leadership & Core Competence
topic Core Competency Should be Challenged
topic Integrating the Core Competence
topic People are our Greatest Asset
topic Core Competences Change due to ICT
topic Defining New Services / Capabilities
topic Outside- in vs. Inside-out
topic Examples of Core Competences
topic Is There Any Difference Between a Competence and a Competency?
topic Collaboration and CC
🔥 The Role of AI in Core Competence
Special Interest Group


More on Core Competence
Summary Discussion Topics
topic Why Protect Core Competence?
topic CC as an Organisational Trait(s)
topic Identifying a Core Competence
topic Imitation of Core Competence
topic Core Competency versus Corporate Competency?
topic The Virtual Company and Core Competences
👀Utilizing a Core Competence
topic Always link Strategy to CC
topic Financial Valuation of a Core Competence
topic Core Competences and Porter's 5 Forces
topic Is CC REALLY Different from FF?
topic Leadership & Core Competence
topic Core Competency Should be Challenged
topic Integrating the Core Competence
topic People are our Greatest Asset
topic Core Competences Change due to ICT
topic Defining New Services / Capabilities
topic Outside- in vs. Inside-out
topic Examples of Core Competences
topic Is There Any Difference Between a Competence and a Competency?
topic Collaboration and CC
🔥 The Role of AI in Core Competence
Special Interest Group
Knowledge Center

Core Competence



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