Remove Core Competence Remove Engineering Remove Hamel Remove Innovation
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Do Customers Even Care about Your Core Competence?

Harvard Business Review

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. The customer is the ultimate beneficiary of these enhanced core competencies—not the driver or determinant.

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The Guru's Guide to Creating Thought Leadership

Harvard Business Review

trade deficit with Japan grew through the 1980s, for example, influential thinkers increasingly focused on how managerial innovations used in Japanese firms might be imported and adapted in the U.S. So what did Hamel and Prahalad add? Similarly, scholars in the U.S. As the U.S. Pick an Apt Objective. Link the New to the Old.

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Compete on Know-Why, Not Know-How

Harvard Business Review

They get stuck making incremental improvements that are rooted in existing competencies, markets, and business models. This is especially problematic when companies decide to innovate. If they can't replicate the thinking driving your innovations, they'll be doomed to "me too" status.