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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. The company, Prahalad tells the CEO, is simply too complex and diverse. FedEx’s competencies in digital and transportational networks are its innovation platforms. A provocative—possibly apocryphal—story has the late C.K.

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The Guru's Guide to Creating Thought Leadership

Harvard Business Review

Zeitgeist, German for "spirit of the time," is the complex interplay of economic, technological, political, and social forces that can determine which ideas will flop and which will fly in a particular moment. So what did Hamel and Prahalad add? Tune Your Idea to the Zeitgeist. Similarly, scholars in the U.S. As the U.S.

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Compete on Know-Why, Not Know-How

Harvard Business Review

This is especially problematic when companies decide to innovate. If you don't have a clear understanding of why you are pursuing an innovation, you risk being wasteful and ineffective, and could lack strong differentiators from incumbents. But whereas core competencies are about know-how, core insights are about know-why.

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Bureaucracy Must Die

Harvard Business Review

Prahalad and I urged managers to think in a different way about the building blocks of competitive success. Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. Bureaucracy is the technology of control. Almost 25 years ago in the pages of HBR , C.K.

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Bureaucracy Must Die

Harvard Business Review

Prahalad and I urged managers to think in a different way about the building blocks of competitive success. Businesses are, on average, far less adaptable, innovative, and inspiring than they could be and, increasingly, must be. Bureaucracy is the technology of control. Almost 25 years ago in the pages of HBR , C.K.

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End the Religion of ROE

Harvard Business Review

DuPont sent Donaldson Brown, a promising engineer-turned-finance staffer, to Detroit to sort things out, and sort them out he did. Similarly, production engineers treated their factories royally and their labor as expendable, until unions and labor laws intervened. The number of people affected by an innovation.

ROE 12