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Core Competence Related Topics 
Lead Change Blog
DECEMBER 3, 2014
At its root, leadership is a collection of competencies. This list outlines the most central of those competencies. With the right balance of internal and external leadership, you will be truly grounded in the core of leading. Leadership Development clarity Core Comptencies Encouragment Great Leaders Lead from within Leadership motivation Strategy talent Vision
CO2
JUNE 9, 2014
The harm comes from taking resources away from what their customers consider to be core offerings. 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? by Gary Cohen.
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Harvard Business
SEPTEMBER 29, 2016
What does your company do better than any other firm? Strategy Video
Rapid BI
JANUARY 29, 2018
Competencies – are they dead? Are competencies and how HR (and managers/ professional bodies) often relate to them irrelevant in today’s business world? Do we actively ignore true core competencies? I was at a training workshop recently, and the trainer was talking about competencies. He was talking about the fact that the core competencies had changed […]. The post Competencies – are they dead?
Harvard Business Review
FEBRUARY 21, 2011
But it got stuck in its core competence of traditional film products and missed the rise of digital photography and printing. Prahalad and Gary Hamel's HBR classic Core Competence of the Corporation made popular the notion that knowing and mastering core business factors can be leveraged across products and markets. Companies that are too obsessed with design competence could suffer, especially in the developing markets.
Coaching Tip
JULY 25, 2016
The ability to pivot quickly, profoundly, and effectively might be the most important core competency for individuals and organizations to acquire with hope to prosper in the new economy," says Cragun. Books Business Coaching Current Affairs Failure Leadership Memes Safety & Security Skills Success Tips What is Work life core competency organizations shock waves
First Friday Book Synopsis
JULY 13, 2014
Prahalad CEO Magazine Chris Kearney Clay Christenson Connect and Develop Dov Seidman Ericsson Gary Hamel Gemini Consulting Henry Chesbrough Innovation to the Core ITC ITC Business Group LLC James Geurts James O''Toole Jossey-Bass/A Wiley Brand Judgment Calls Kellogg Graduate School of Management at Northwestern University Lao-Tse Lehigh University Linda Yates MAC Group Magnus Karlsson Moises Norena Mondel?z Peter Skarzynski is a founder and Managing Partner of ITC Business Group, LLC.
First Friday Book Synopsis
NOVEMBER 13, 2013
Bob''s blog entries “The Core Competence of the Corporation” Booz & Company C.K. Here is an excerpt from an article written by Paul Leinwand and Cesare Mainardi for Harvard Business Review and the HBR Blog Network. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here. * * * Sustainable, superior returns accrue […].
First Friday Book Synopsis
MAY 28, 2014
z SPX Corporation Steve Denning Strategic Innovation: Embedding Innovation as a Core Competency in Your Organization Strategies Tao Te Chin The Ducker Foundation the ideology of comfort and the tyranny of custom The Innovator''s Field Guide: Market Tested Methods and Frameworks to Help You Meet Your Innovation Challenges the Wall-Street Journal Tom Davenport Tom Kinisky U.S. Peter Skarzynski is a founder and Managing Partner of ITC Business Group, LLC.
First Friday Book Synopsis
FEBRUARY 24, 2013
I hope that at least a few of these recent posts will be of interest to you: BOOK REVIEWS Success Under Stress: Powerful Tools for Staying Calm, Confident, and Productive When the Pressure’s On Sharon Melnick The Score Takes Care of Itself: My Philosophy of Leadership Bill Walsh with Steve Jamison and Craig Walsh Who [.].
Harvard Business Review
OCTOBER 17, 2013
Prahalad , the guru of “ core competence ,” doing a strategy audit for a huge Indian conglomerate. It needs to shed a few divisions and find and focus on an integrative core competence. “Actually,” the CEO responded, “we do have a core competence that unites us: we’re very, very good at winning government contracts.” The customer is the ultimate beneficiary of these enhanced core competencies—not the driver or determinant.
Rapid BI
DECEMBER 15, 2015
In this piece we will look at the The 3 new competencies of success in modern business and society. Business Change ambiguity Change management competency flux navigation minifig new core competenciesCan we really say Goodbye Change Management Hello Navigating Flux? In the last 10 years there has been a lot written and spoken about change and change management. The fact that change is here and here to […].
Harvard Business Review
FEBRUARY 7, 2013
Lafley , former chairman and CEO of Procter & Gamble, led the company to think about fragrances in a new way and grew a successful new product line. He is the coauthor of the HBR Press book Playing to Win. Mergers & Acquisitions Procter & Gamble Product development
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Lead Change Blog
APRIL 21, 2021
Three core competencies for compassionate accountability. Listen in as Next Element Co-Founder and CEO, Nate Regier discusses how drama costs the US workforce over $350 billion per year in lost productivity, absenteeism, passive-aggressive behavior, and wasted energy.
First Friday Book Synopsis
OCTOBER 3, 2012
One “synonym” of such basics is “Core Competencies.” From Wikipedia: A core competency is [.]. Starting points; basics; fundamentals… If you don’t start well, you’ll have real trouble ending up well. If you don’t get the basics right, then you’ll have real trouble moving beyond the basics effectively. There is a long, long list of basics. Randy's blog entries
Lead Change Blog
NOVEMBER 2, 2012
What unfolded during our conversation was a plan whereby their values, credo, code of conduct, and core competencies would converge into a leadership [.]. Posted in Leadership Development A prospective client asked to talk with me recently. (To To protect her identity, we’ll call her Lara.) Lara’s executives wanted to clarify and begin driving a leadership brand throughout the organization.
N2Growth Blog
AUGUST 3, 2021
With the continued evolution and innovations, the future C-suite is ripe with opportunities to transform itself to appear more like the agile organization it leads while embracing the core competencies of great leadership.
Leading Blog
MARCH 27, 2015
Rao, who said, “Every bend in the road contains a message about a future growth trajectory that someone could explore and exploit if he or she looked at it through a different lens without being controlled by an existing core competency.” Charan notes that “seizing the attacker’s advantage is not the same thing as seeking new ways to use your core competencies.” Attachment to your core competencies interferes with your ability to see clearly and make the right choices.
Lead Change Blog
JANUARY 18, 2021
An effective business plan over-weights attention to core competencies – the things your company does best – and steers clear of anything outside of that nucleus. Here are 3 sets of closely related choices – areas of focus – to help make sure you get the most from your business plan. Eliminating Pain Points vs. Progress in Strategy Execution. I recently met with a CEO to organize a strategic planning meeting with his leadership team.
N2Growth Blog
AUGUST 24, 2020
Arjan van Weele , a Professor of Purchasing and Supply Management living in the Netherlands , discusses his perspective on leadership competencies that apply for any leader, no matter where you are within your career journey.
Lead Change Blog
APRIL 24, 2019
Learn how to detect and decode drama in yourself and others, three core competencies for compassionate accountability, and the formula for compassionate conflict. ?. Science tells us that satisfying three basic needs — for choice, connection, and competence — is essential to optimal motivation. When people misuse conflict energy, it becomes drama: they struggle against themselves or each other to feel justified about their negative behavior. The cost is staggering.
Leading Blog
APRIL 12, 2021
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. They have a digital platform at their core. A company does not compete.
Leading Blog
SEPTEMBER 30, 2018
Tips to Spotlight Millennial Leadership Talents, Core Competencies & Passions by @DanitaBye. Here are a selection of tweets from September 2018 that you might have missed: Empathy and creative thinking are valuable skills in the workplace, but they’re hard to teach by @Lyndagratton Frustrated or Focused - Leadership Tips for Managing Emotions by @davidmdye. 5 Excellent Ways You Can Crush Negative Thoughts by @LaRaeQuy.
Career Advancement
DECEMBER 14, 2020
Plenty of core competencies will remain essential skills for leaders in the future.
Lead Change Blog
MAY 11, 2020
Build on your strength and core competencies. 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. At 5:50 AM on Feb 2, 2020, flames leapt from the 26,000 square foot building of a non-profit that provided training and work attire to over 105,000 job seekers in Orange County, CA, in their first 30 years.
thoughtLEADERS, LLC
MAY 5, 2021
As you begin your strategic planning process, it’s important to assess the market you’re competing in. How do they go to market, what are their core competencies? Identify your organization’s major threats and opportunities by assessing these five aspects of your market. A classic tool for doing so is Porter’s five forces.
Strategy Driven
MARCH 14, 2022
Businesses are highly encouraged to use these applications to avoid redundant tasks and solely focus on their core competencies. Many businesses fail because the owners often find themselves preoccupied with internal business processes instead of the actual business.
Career Advancement
MAY 25, 2021
Plenty of core competencies will remain essential skills for leaders in the future.
Leading Blog
MARCH 13, 2020
Creating an edge starts with pinpointing your basic goods and defining your circle of competence, and operating inside that perimeter.” W E’VE HEARD that hard work is the secret to success. But all too often we see that hard work is not enough. What then? We need an edge.
Lead Change Blog
JULY 22, 2015
Yet, embracing ambiguity is a core competency required to enact significant change. “Let’s wait until we know the outcome of the executive meeting in two weeks.”. This is a common and logical statement many leaders make when considering actions and decisions. It can be tempting to push pause on project implementation by falling into the thinking trap of, “This will probably change again tomorrow anyway.” That trap is a common symptom of a larger problem – embracing ambiguity.
Six Disciplines
DECEMBER 5, 2014
There is a poor match between the strategy and the core competencies of the organization (16 percent). In a survey of 163 CEOs by Forbes Insights in conjunction with the Association for Strategic Planning and the Council of Public Relations Firms, chief executives report that one-third of corporate strategies fail, and they fail for five reasons. The five reasons why strategies fail are: Unforeseen external circumstances (24 percent).
In the CEO Afterlife
JANUARY 20, 2016
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. Many, like Wal-Mart and Target, sourced the competency from 3 rd parties. Engagement is critical, but not at the expense of sticking to brand/company’s character and core positioning. How often have you heard people say, “Our strategy is to become the biggest and the best?”
CEO Blog
JUNE 7, 2011
One principle he calls scary is: "Focus on your core competency. Not Dell's core competence - so of course. What is not your core competency today can always be yours tomorrow. So I need to think about the future and what my core competency should be Today I am blogging live at World Innovation Forum (#WIF11). I have blogged before at this event. I love the stimulation I get from going to seminars like this.
Let's Grow Leaders
JANUARY 17, 2017
It’s a Winning Well core competency taken to extremes. How do I know you have it? Because I have it too. Most high-performers do. It’s a sneaky little bugger, because on the surface it really feels like you’re doing the right thing. And on most levels you are. But if you go too far, the stress will crush your spirit and undermine your confidence. It’s one more way great managers lose their soul.
Lead Change Blog
DECEMBER 6, 2016
But in reality, there are three core competencies all leaders must have to be spectacular. Leading today isn’t easy. Changes abound. We work virtually. We work globally. Our hierarchies are flatter. Our environments are more collaborative. On top of that, there are so many different models of leadership out there. We need the right balance between authority vs. autonomy, consensus vs. direct decision-making, and friendly vs. firm.
Leading Blog
JANUARY 27, 2020
Marco Iansiti and Karim Lakhani, professors at Harvard Business School, explore these changes in Competing in the Age of AI with examples of businesses in many industries. And thus, how we think about the work we do and how we compete in the marketplace.
Lead Change Blog
OCTOBER 3, 2016
Here is additional detail about their areas of work: Next Element’s Core Values. While we are excited about Next Element’s products, we also sense a strong alignment with their core values: Compassionate Accountability , including creating environments of safety, curiosity, and consistency. A Community of Support and Development , prioritizing a commitment to whole-person wellness, integrity and competence. The Core Values are Infused Throughout the Core Tools.
leaderCommunicator
SEPTEMBER 23, 2014
Defining the organization’s core competencies. Understanding how others think is critical to influencing them and getting results. It’s the key to persuading people and moving them to action. My new eBook, How To Think Like A CEO , helps you look inside the brain of your CEO. Doing so will help you take stock of your own professional strengths and weaknesses. I’ve been privileged in my career to work with dozens of CEOs.
Great Leadership By Dan
JANUARY 14, 2021
It is designed to measure the core competencies (behaviors and skills) associated with a person’s position. Guest post from Beth Miller : Values are more than a list of words on your website or a poster in your office.
Strategy Driven
APRIL 17, 2021
A lot goes into running a business, and you have to separate your core competencies and other services that boost productivity. To avoid this, outsource most of the operations you’re not competent at or take a lot of your time. You can entirely focus on the core business.
Skip Prichard
JUNE 24, 2021
How do companies compete in this digital era ? High, president of the digital business advisory firm Metis Strategy , advises numerous companies and executives on how to compete in the digital era. Leadership Tip: make change a core competence. Digital Leadership.
Six Disciplines
FEBRUARY 7, 2014
Understand your company''s core competencies. Many of the top-performing organizations we work with every day - have expressed a real need to build accountability into their organization. Take a quick minute – and consider the following key questions: Does each of your team members understand exactly what they are responsible for? Does your leadership team set consistent expectations for accountability? Do your new team members know exactly what’s expected of them – Day 1?
First Friday Book Synopsis
AUGUST 23, 2013
“Walking around management” is one of several core competencies that are featured in Tom Peters and Bob Waterman’s business classic, In Search of Excellence: Lessons from America’s Best-Run Companies, published by Harper & Row (1986).
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