core competency

• Core competency

https://store.theartofservice.com/the-core-competency-toolkit.html

Foxconn - History

1 In 2001 Intel concentrated on its core competency of chip making and began using Chinese contract

manufacturers such as Foxconn to make Intel-branded motherboards.


Print and mail outsourcing - History in the United States

1 Consultants helped firms to ask the question, What are my core

competencies? Can someone else do this better for me? The answer,

unless corporations were mega print and mail experts running load-

leveled operations, almost never included print and mail as a core

competency


Occupational therapy - Enabling occupation

1 Best practice in occupational therapy seeks to offer effective, client-centred

services that enable people to engage in occupations of life. The Canadian Model of Client Centered Enablement (CMCE) embraces occupational enablement as the core competency of occupational therapy and the Canadian Practice

Process Framework (CPPF) as the core process of occupational enablement.


Strategic management - Competitive advantage

1 Their most well known advance was the idea of core competency, the

idea that each organization has some functional area in which it excels and

that the business should focus on opportunities in that area, letting

others go.Hamel, G


Business process reengineering - Business needs analysis

1 There is always a possibility that an organization may make significant investments in an area that is not a core competency for the company and later outsource this capability


Honda Motor Company - Motorcycles

1 Creating the concept of core competency|core competencies with Honda as an example, they argued that Honda's success was due to its

focus on leadership in the technology of internal combustion engines


Procurement outsourcing - Overview

1 Procurement Outsourcing is being thought of in a big way in automobile

manufacturers in India and China because with increasing number of cars being produced every passing day more man hours are required in trivial issues like timely delivery of materials. Hence Procurement team cannot concentrate on its core competency of negotiations

and vendor selections.


Triple play (telecommunications) - Regulation

1 There are multiple and intense regulatory battles over triple-play services, as

incumbent telcos and incumbent Cable television|cable operators attempt to keep out new competitor; since both

industries historically have been regulated monopolies, regulatory capture

has long been as much a core competency for them as have been

prices and terms of service


General Atomics - Educational outreach

1 To attain this goal, four areas of core competency at General Atomics were initially selected to form the basis for

the development of inquiry-based education modules and associated

workshops


Conglomerate (company) - Modernization

1 - Company Profile, Information, Business Description, History,

Background Information on Hitachi, Ltd.-Source-Reference for Business »

Company History Index » Conglomerates The conglomerate fad was subsequently replaced by

newer ideas like focusing on a company's core competency.


Triple bottom line - Criticism

1 Thus the triple bottom line is thought to be harmful by diverting business

attention away from its core competency


RPG Group - Zensar Technologies

1 Zensar service areas include application support and

development, application portfolio management, testing, enterprise

collaboration and content management, enterprise application integration, business intelligence and

data warehousing. Zensar's core competency is application

modernization, using Zensar's SBP framework.


Glossary of project management - C

1 Beyond being a guiding document for AACE International’s education and

certification developments, 11R-88 is an excellent reference for industry core competency and career model

development.


Unisphere Networks

1 While the technology was fairly successful and deployed in various

fashions by different telephone company|carriers across the US,

voice mediation was never Juniper's core competency and therefore this

technology was sold back to Siemens in June 2002.


List of project management topics - Project management procedures

1 Beyond being a guiding document for AACE International’s education and

certification developments, 11R-88 is an excellent reference for industry core competency and career model

development.


Flagship product

1 'Core products' or 'flagship products' are a company's products which are most directly related to their core competency|core competencies. These products are then integrated into a variety of Product (business)|end products, either by the

company holding the core product or by a second company to which the core

product is sold to, and the end products are sold to users.


Application service provider - History

1 In terms of their common goal of enabling customers to Outsourcing|

outsource specific computer applications so they can focus on

their Core competency|core competencies, ASPs may be

regarded as the indirect descendant of the service bureaus of the 1960s

and 1970s


Board certification - Defining a medical specialty

1 This list of core knowledge and skills is then compiled into a draft core competency

document.


Board certification - Defining a medical specialty

1 Development of the first core competency document takes five to

ten years and is a prerequisite to creating the certification

examination.


Board certification - Certification examinations

1 Physicians seeking board certification in a given area of specialty must successfully

complete and pass an examination process designed to test their mastery of the

minimum knowledge and skills contained in the core competency document. Prior to taking the examination, a physician must graduate with a degree, either MD or DO,

and meet all other prerequisites to certification as set out by the certifying

agency or board.


Indian Institute of Technology - Future IIT

1 In June 2012, the Planning Commission (India)|Planning Commission favoured this conversion during the 12th Five Year Plan (2012-2017),

while maintaining ISM's core competency in mining and geology.[http://economictimes.indiatimes.com/news/news-by-industry/

services/education/ism-could-be-upgraded-as-iit-plan-panel-tells-government/articleshow/17615928.cms ISM could be upgraded as IIT]

[http://www.thehindubusinessline.com/news/education/indian-school-of-mines-could-be-converted-as-iit/article4200113.ece ‘Indian School of

Mines could be converted as IIT’][http://articles.timesofindia.indiatimes.com/2012-12-16/ranchi/

35850227_1_ism-dhanbad-iits-mines Indian School of Mines welcomes IIT tag plan] The conversion of ISM to IIT became a part of current 5 Year

Plan after its passage by the Prime Minister headed National Development Council (India)|National Development Council in December

2012.[http://planningcommission.nic.in/plans/planrel/12thplan/pdf/vol_3.pdf See page 99 of pdf file after clicking here] It may be noted that for this conversion, a Bill has to be introduced in Parliament by the Union

HRD Minister


Dennis Kozlowski - Lifestyle

1 In a camcorder video, Dennis Kozlowski states that this party will bring out a Tyco core competency –

the ability to party hard


Aggressiveness strategy - Analyzer

1 They tend to expand into areas close to their existing core competency. Rather than develop wholly new products, they make incremental

improvements in existing products. Rather than expanding into new markets, they gradually

expand existing markets. They try to maintain a balanced Product portfolio|portfolio of products with some stable income generators and some

potential winners. They watch the developments in their industry closely, but don’t

act until they are sure that the time is right.


Competence (human resources) - Types of Competencies

1 Core competencies: Capabilities and/or technical expertise unique to an

organization, i.e. core competencies differentiate an organization from its competition (e.g. the technologies,

methodologies, strategies or processes of the organization that create competitive

advantage in the marketplace). An organizational core competency is an

organization’s strategic strength.


FRCSC - Competency-Based Medical Education

1 Instead, it progresses under a system in which residents and certified physicians

must achieve and demonstrate core competency levels called “milestones” before they move on, receive credit or

are otherwise recognized by the system.http://www.nosm.ca/uploadedFiles/home/events/Competency_Based_Ed

ucation_Brochure_October.pdf


List of buzzwords - Business, sales and marketing

1 * Core competency[http://demo.moneymakers.lt/makers/the-atlantic-online-june-

2006-the-management-myth-matthew-stewart/]


American Motors Corporation - Business legacy

1 Another example of AMC's agility was the ability of management to

squeeze money out of reluctant bankers, even in the face of

bankruptcy. These Core competency|core abilities helped save the

company from collapse and after each obstacle, give it the

wherewithal to keep it operating. Ironically, AMC was never stronger

than just before its demise.https://store.theartofservice.com/the-core-competency-toolkit.html

C. K. Prahalad

1 He was renowned as the co-author of Core competency|Core Competence of the Corporation (with Gary Hamel)

and The Fortune at the Bottom of the Pyramid (with Stuart L. Hart).


Ecological model of competition

1 Companies that are able to develop a successful business model and turn a core competency into a sustainable competitive advantage will thrive

and grow


Minneapolis wireless internet network - History

1 One plan, which named city officials as the owners and operators of the network, was scrapped because the city lacked the core competency to do it on its own, as well as the $25–

30 million capital investment required for the initial construction


Contract manufacturer - Purpose, Benefits, and Risks

1 A company’s core competency|core competencies are what make them

competitive in the Market (economics)|market place


Contract manufacturer - Benefits

1 *Focus– Companies can focus on their core competency|core

competencies better if they can hand off base production (economics)|

production to an outside company.


Contract manufacturer - Risks

1 This is why it is important that a company not give out any of its core competency|core competencies to

contract manufacturers


Cross-marketing

1 A 'marketing co-operation' or 'marketing cooperation' is a business alliance|partnership of at least two

companies on the value chain level of marketing with the objective to tap the full

potential of a Market (economics)|market by bundling specific Core competency|

competences or resources. Other terms for marketing co-operation are 'marketing alliance', 'marketing partnership', 'co-

marketing', and 'cross-marketing'.https://store.theartofservice.com/the-core-competency-toolkit.html

Third party logistics - Advantages and disadvantages of third party logistics

1 Often only the core competency is really adding value to your

product


Indian School of Mines - Demands for conversion of ISM to an IIT

1 In June 2012, a Planning Commission (India)|Planning Commission panel, on a reference to it from the Union

Cabinet, favoured that this conversion be done, during the 12th Five Year Plan (2012-2017) and in such a possible way

that ISM's core competency in mining and geology is maintained.[http://economictimes.indiatimes.com/news/news-by-industry/services/education/ism-could-be-upgraded-as-iit-plan-panel-tells-government/articleshow/17615928.cms ISM

could be upgraded as IIT][http://www.thehindubusinessline.com/news/education/indi

an-school-of-mines-could-be-converted-as-iit/article4200113.ece ‘Indian School of Mines could be converted

as IIT’][http://articles.timesofindia.indiatimes.com/2012-12-16/ranchi/35850227_1_ism-dhanbad-iits-mines Indian School

of Mines welcomes IIT tag plan]


Corporate strategy - Core competence

1 Core competency is part of a branch of strategy called the resource-based

view of the firm, which postulates that if activities are strategic as

indicated by the value chain, then the organization's capabilities and ability to learn or adapt are also

strategic.


Gary Hamel - Career

1 Gary Hamel is the originator (with C.K. Prahalad|C. K. Prahalad) of the concept of core competency|core

competencies. He is also the director of the Woodside Institute, a nonprofit

research foundation based in Woodside, California.


CIA transnational anti-terrorism activities - Virtual station and cross-functional team research

1 CIA leadership must ensure that HUMINT collection remains a central core

competency of the agency, and should develop additional operational tools, in

conjunction with other appropriate agencies (FBI, etc,), penetrate terrorist cells, disrupt terrorist operations and capture and render terrorists to law

enforcement as appropriate. More core collectors need to be put on the streets.


Competence-based management - Five modes of competence

1 The term mode of Core competency|competence is used in this discussion to refer to an important way in which the competence of an organization is expressed through specific kinds of

activities and processes


Core competencies

1 A 'core competency' is a concept in

management theory introduced by, C


Core competencies - Core Competence

1 A core competency results from a specific set of skills or production techniques that deliver additional

value to the customer. These enable an organization to access a wide

variety of markets.


The Business Style Handbook, An A-to-Z Guide for Effective Writing on the Job - Organization

1 Discusses the importance of writing well to establish credibility in business. For example, “Good

communication skills are increasingly viewed as a core competency in the

corporate world.”


Calgary Flames - Community impact

1 In announcing the venture, Flames' President and CEO Ken King stated:

While hockey remains our core competency, we are constantly

seeking new opportunities in which to grow the Flames brand and allow

our fans greater opportunities to enjoy hockey


National Academy of Direct Taxes

1 The Academy imparts proficiency in core competency areas,

disseminates information about the best of academics and practices and

provides an international perspective, high quality professional capabilities and cultural sensitivities

to officers.


Fine chemical - History

1 For many years, however, the life science industry continued

considering captive production of the active ingredients of their drugs and agrochemicals as a core competency


Heidelberg College - Faculty

1 Eighty-five percent of the senior faculty members hold a doctorate or the highest

degree in their core competency. Heidelberg is a teaching institution and

supports an intimate classroom environment where students are afforded

personal attention. The student-to-faculty ratio is 14:1 and the average

class size is 20 to 25.http://www.heidelberg.edu/about/facts


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