Core competences: the key to corporate advantage
Article Abstract:
Companies are taking a more introspective attitude when developing corporate strategies. Such an inward approach would require managers to assess the strong and weak points, resources, achievements, and present and future needs of their own organizations and use these information to formulate effective strategies to enhance their organizations' competitive advantage. Critical to the inward approach to strategy formulation is the identification and development of the organization's of core competences, or the skills and assets that make the organization unique and highly competitive. Three major corporations discuss the benefits of using an inward approach to strategy formulation. These are Cargill Inc, Corning Inc and Ahlstrom Corp. Robert Irvin and Edward Michaels' five secrets to determining and building core competences in the 1990s is also provided.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1992
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Managers who drive their companies mad
Article Abstract:
There is a new group of management consultants who are also practicing psychoanalysts. They believe that many corporate problems are actually caused by the personality problems of company executives. These analysts admit that their work is speculative and their techniques uncertain. In observing an 'unhealthy' company, the analysts try to identify five neurotic styles: dramatic, depressive, paranoid, compulsive, and schizoid. 'Normal' companies may exhibit several of the traits, but none should ever be dominant. Even after the neurotic traits are identified there is still no guarantee that the companies are able to be cured.
Publication Name: Multinational Business
Subject: Business, international
ISSN: 0300-3922
Year: 1987
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