INDUSTRY INSIGHTS YOUR PEERS ARE READING
Given that execution is a far greater challenge that strategy formulation, the ultimate core competency for any organization is realized when " all individuals make strategy execution their everyday job.". At Six Disciplines, our research has shown that the number #1 difference between the highest- and lowest-performing organizations is strength of leadership , based on the average of several factors. MORE
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. MORE
Fast-forward three years, and in 2007 Dell returned to refocus the company on its core purpose, going so far as to take the company private in an effort to make it the “largest start-up in history.” Guest post from John Izzo Ph.D. and Jeff Vanderwielen Ph.D.: MORE
To reach your full potential as a leader, you must understand your core competency and that of your firm. Core competency is what you do best and at what you’re most competitive. Your core competency is something you’d do even if you weren’t paid to do it. MORE
Consider projects where you have been able to observe or can collect objective performance data and identify the core competencies that are critical to success. Ask for their assessment on the goals, competencies and other criteria you have identified as the basis for your appraisal. MORE
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. MORE
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. MORE
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 [.]. MORE
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 […]. MORE
“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). MORE
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. MORE
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 […]. MORE
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? The post Competencies – are they dead? MORE
There are so many books on leadership, yet there are so few leaders. The demand for great leadership has never been higher. Our government—all governments, crave superior leadership. Our schools, our businesses, in fact all our institutions, crave superior leadership. MORE
Protecting a business begin first by knowing its foundational or core knowledge. In other words, core competencies turned into core rigidities, preventing the firm from responding appropriately to the strategic threat Yamaha posed.”. MORE
The harm comes from taking resources away from what their customers consider to be core offerings. Put your capabilities and core competencies to the test. The post Test Your Core Competencies appeared first on Elements of Leadership. by Gary Cohen. MORE
What Are Our Core Competencies And Can We Leverage Them? As you start to consider the possibility of implementing a social enterprise you may be overwhelmed with questions and concerns or you may start to plan it without fully considering relevant and fundamental issues. When you commence your exploration about a social enterprise for your nonprofit start with these considerations. . Be As Precise As Possible In Describing What You Want To Do. MORE
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 MORE
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. MORE
Consider your core competency — what you do for your job. Beyond competency consider how you interact with people. “I wanted to be a voice that reflected experience and the world I live in. MORE
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 MORE
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.” MORE
When I say hire better , it requires the belief that right hiring decisions go well beyond core competencies, into those personality intangibles. Some days it’s really hard to be an optimist. Especially on that day when the Big Leadership Mistake hits you. MORE
Stay aligned ahead of them : Hsu identifies one core competence of soft elite firms: the ability “to appear elite and smart enough to snow their clients and sell the work.” Remember, another core competence of soft elites is the ability to avoid consequences and shift blame…don’t tape a “kick me” sign to your own back! MORE
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). MORE
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. MORE
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? MORE
Especially when you feel you’ve built a strong team with core competencies. Leadership isn't for everyone Leadership is such a complicated idea. One we try to boil down to trite quotes and phrases. We’ve all heard “Leadership is influence. Plain and simple.” MORE
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. MORE
Delegation & Supervision Brian Tracy AMACOM (2013) Absolutely essential core competencies for those who aspire to become great supervisors This is the latest volume added to The Brian Tracy Success Library. The others are Motivation and Negotiation, also published by AMACOM. Previously, Tracy has written one or more books on each of these and other […]. MORE
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 MORE
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. MORE
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. MORE
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. MORE
What does your company do better than any other firm? Strategy Video MORE
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. MORE
BOTTOMLINE: The Execution Revolution will be built around communities with the following characteristics: A belief that their ultimate core competence is the ability to execute their strategy. A complete strategy execution program depends upon the power of a shared community learning. First, the power of community is required to change the economics for implementing such a program within small and midsized organizations. MORE
The post 6 Core Competencies of Margin Managers appeared first on The Kini Group. All margin managers would like to consider themselves in the top 1% of their profession. MORE
Now, 30 years on from that all-important 1 st lesson I have realized something else – right hiring decisions go beyond core competencies. MORE
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. MORE
Stay Focused on Core Competencies. In many ways, cloud storage takes some of the heavy lifting away from IT departments – and people tasked with this responsibility in SMEs – so the company can focus on its core operations. MORE
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. MORE
” In the interest of shareholder value, Kraft will not abandon its core competency — and that’s no longer food, it’s mergers and acquisitions. * * *. Kraft is a rather interesting case in shareholder value. MORE
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.
CO2
JUNE 9, 2014
The harm comes from taking resources away from what their customers consider to be core offerings. Put your capabilities and core competencies to the test. The post Test Your Core Competencies appeared first on Elements of Leadership. by Gary Cohen.
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? The post Competencies – are they dead?
The Kini Group
JULY 18, 2016
The post 6 Core Competencies of Margin Managers appeared first on The Kini Group. All margin managers would like to consider themselves in the top 1% of their profession.
Harvard Business Review
SEPTEMBER 29, 2016
What does your company do better than any other firm? Strategy Video
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.
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
AUGUST 10, 2013
Delegation & Supervision Brian Tracy AMACOM (2013) Absolutely essential core competencies for those who aspire to become great supervisors This is the latest volume added to The Brian Tracy Success Library. The others are Motivation and Negotiation, also published by AMACOM. Previously, Tracy has written one or more books on each of these and other […].
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
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.
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.”
Strategy Driven
FEBRUARY 19, 2016
To reach your full potential as a leader, you must understand your core competency and that of your firm. Core competency is what you do best and at what you’re most competitive. Your core competency is something you’d do even if you weren’t paid to do it.
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).
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.
Michael VanBruaene
JULY 15, 2013
What Are Our Core Competencies And Can We Leverage Them? As you start to consider the possibility of implementing a social enterprise you may be overwhelmed with questions and concerns or you may start to plan it without fully considering relevant and fundamental issues. When you commence your exploration about a social enterprise for your nonprofit start with these considerations. . Be As Precise As Possible In Describing What You Want To Do.
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.
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.
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.
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.
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.
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).
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?
N2Growth Blog
OCTOBER 31, 2016
Consider your core competency — what you do for your job. Beyond competency consider how you interact with people. “I wanted to be a voice that reflected experience and the world I live in.
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.
Terry Starbucker
JUNE 4, 2017
Now, 30 years on from that all-important 1 st lesson I have realized something else – right hiring decisions go beyond core competencies.
In the CEO Afterlife
MARCH 26, 2015
” In the interest of shareholder value, Kraft will not abandon its core competency — and that’s no longer food, it’s mergers and acquisitions. * * *. Kraft is a rather interesting case in shareholder value.
Terry Starbucker
MARCH 16, 2014
When I say hire better , it requires the belief that right hiring decisions go well beyond core competencies, into those personality intangibles. Some days it’s really hard to be an optimist. Especially on that day when the Big Leadership Mistake hits you.
Strategy Driven
DECEMBER 4, 2017
Stay Focused on Core Competencies. In many ways, cloud storage takes some of the heavy lifting away from IT departments – and people tasked with this responsibility in SMEs – so the company can focus on its core operations.
Six Disciplines
JANUARY 23, 2015
BOTTOMLINE: The Execution Revolution will be built around communities with the following characteristics: A belief that their ultimate core competence is the ability to execute their strategy. A complete strategy execution program depends upon the power of a shared community learning. First, the power of community is required to change the economics for implementing such a program within small and midsized organizations.
Great Leadership By Dan
APRIL 19, 2018
Fast-forward three years, and in 2007 Dell returned to refocus the company on its core purpose, going so far as to take the company private in an effort to make it the “largest start-up in history.” Guest post from John Izzo Ph.D. and Jeff Vanderwielen Ph.D.:
Crossderry Blog
DECEMBER 19, 2011
Stay aligned ahead of them : Hsu identifies one core competence of soft elite firms: the ability “to appear elite and smart enough to snow their clients and sell the work.” Remember, another core competence of soft elites is the ability to avoid consequences and shift blame…don’t tape a “kick me” sign to your own back!
Marshall Goldsmith
MARCH 18, 2013
There are so many books on leadership, yet there are so few leaders. The demand for great leadership has never been higher. Our government—all governments, crave superior leadership. Our schools, our businesses, in fact all our institutions, crave superior leadership.
Eric Jacobson
NOVEMBER 23, 2014
Consider projects where you have been able to observe or can collect objective performance data and identify the core competencies that are critical to success. Ask for their assessment on the goals, competencies and other criteria you have identified as the basis for your appraisal.
Joseph Lalonde
AUGUST 18, 2017
Especially when you feel you’ve built a strong team with core competencies. Leadership isn't for everyone Leadership is such a complicated idea. One we try to boil down to trite quotes and phrases. We’ve all heard “Leadership is influence. Plain and simple.”
Six Disciplines
OCTOBER 11, 2011
Given that execution is a far greater challenge that strategy formulation, the ultimate core competency for any organization is realized when " all individuals make strategy execution their everyday job.". At Six Disciplines, our research has shown that the number #1 difference between the highest- and lowest-performing organizations is strength of leadership , based on the average of several factors.
Leading Blog
AUGUST 14, 2018
Protecting a business begin first by knowing its foundational or core knowledge. In other words, core competencies turned into core rigidities, preventing the firm from responding appropriately to the strategic threat Yamaha posed.”.
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