Identifying Core Competencies— And Losing Them in Firm

At least three tests can be applied to identify core competencies in a company. First, a core competence provides potential access to a wide variety of markets. Competence in dis- play systems, for example, enables a company to participate in such diverse businesses as cal- culators, miniature TV sets, monitors for lap- top computers,

From Core Competencies to Core Products of the Firm

The tangible link between identified core competencies and end products is what we call the core products—the physical embodi- ments of one or more core competencies. Honda’s engines, for example, are core prod- ucts, linchpins between design and develop- ment skills that ultimately lead to a prolifera- tion of end products. Core products are

The Tyranny of the SBU of the Firm in Competence Perspective

The new terms of competitive engagement cannot be understood using analytical tools devised to manage the diversified corporation of 20 years ago, when competition was prima- rily domestic (GE versus Westinghouse, Gen- eral Motors versus Ford) and all the key play- ers were speaking the language of the same business schools and consultancies. Old

Developing Strategic Architecture of the Firm in Competence Perspective

The fragmentation of core competencies be-comes inevitable when a diversified com-pany’s information systems, patterns of com-munication, career  paths, managerial rewards, and processes of strategy develop- ment do not transcend SBU lines. We believe that senior management should spend a sig- nificant amount of its time developing a cor-poratewide strategic architecture that estab- lishes objectives

Developing Strategic Architecture of the Firm in Competence Perspective

The idea that top management should develop a corporate strategy for acquiring and deploying core competencies is relatively new in most U.S. companies. There are a few exceptions. An early convert was Trinova (previously Libbey Owens Ford), a Toledobased corporation, which enjoys a worldwide position in power and motion controls and engineered plastics. One

Redeploying to Exploit Competencies in Corporation

If the company’s core competencies are its critical resource and if top management must ensure that competence carriers are not held hostage by some particular business, then it follows that SBUs should bid for core compe- tencies in the same way they bid for capital. We’ve made this point glancingly. It is impor- tant

The relational view: Sources of relational rents

1. Theoretical Discussion By examining the relevant characteristics of arm’s-length market relationships, we find clues that guide our search for relational advantages. Arm’s-length market relationships are charac- terized by nonspecific asset investments, minimal information exchange (i.e., prices act as coordinating devices by signaling all relevant information to buyers and sellers), separable technological and functional

The relational view: Mechanisms that preserve relational rents

An explanation of how firms generate relational rents necessarily requires an explanation of why competing firms do not simply imitate the partnering behavior, thereby eliminating any competitive advantages that might be gained through collaboration. There are a variety of isolating mechanisms that preserve the rents generated by alliance partners. First, it is important to

Comparing the relational RBV, and industry structure views

Although an individual firm’s ability to work effectively with other firms may be classified as a firm-specific capability (which may generate relational rents), there is value in distinguishing a relational view, which offers a distinct, but complementary, view on how firms generate rents. A relational view considers the dyad/ network as the unit of

David Aaker

David Allen Aaker (born February 11, 1938 – ) is an American organizational theorist, consultant and Professor Emeritus at the University of California, Berkeley’s Haas School of Business, a specialist in marketing with a focus on brand strategy.[2] He serves as Vice Chairman of the San Francisco-based growth consulting company Prophet.[3] Biography Aaker received his SB in Management from the MIT Sloan School of Management and then his MA in Statistics

Wil van der Aalst

Willibrordus Martinus Pancratius van der Aalst (born 29 January 1966) is a Dutch computer scientist and full professor at RWTH Aachen University, leading the Process and Data Science (PADS) group. His research and teaching interests include information systems, workflow management, Petri nets, process mining, specification languages, and simulation.[1] He is also known for his work on workflow patterns. Biography Born in Eersel, Netherlands, van der Aalst received an

James Abegglen

James Christian Abegglen (1926–2007) was an American-born Japanese business theorist and professor in management and economics at Sophia University. He was one of the founders of the Boston Consulting Group (BCG) in 1963, and the first representative director of its Tokyo branch, founded in 1966. Biography Abegglen was born in Michigan. After graduation from the University of Chicago, he served in the Third Marine Division to

Bodo Abel

Bodo Abel (* 18.January 1948) is a German Professor at the University of Hamburg in Business Administration, focused on“International Marketing”. He was till 2013 the program director of the international master program „MiBA – Master of International Business Administration“ at the University of Hamburg and at the St. Petersburg State University of Economics and Finance (FINEC), Russia. His teaching and

Abraham

Abraham[a] (originally Abram)[b] is the common Hebrew patriarch of the Abrahamic religions, including Judaism, Christianity, and Islam.[5] In Judaism, he is the founding father of the special relationship between the Jews and God; in Christianity, he is the spiritual progenitor of all believers, whether Jewish or non-Jewish;[c][6] and in Islam, he is a link in the chain of Islamic prophets that begins with Adam and culminates in Muhammad.[4] The story of the life of Abraham as told

Russell L. Ackoff

Russell Lincoln Ackoff (February 12, 1919 – October 29, 2009) was an American organizational theorist, consultant, and Anheuser-Busch Professor Emeritus of Management Science at the Wharton School, University of Pennsylvania. Ackoff was a pioneer in the field of operations research, systems thinking and management science. Biography Russell L. Ackoff was born on February 12, 1919, in Philadelphia to Jack and Fannie (Weitz) Ackoff.[1][2] He

John Adair

John Eric[1] Adair (born 18 May 1934) is a British academic who is a leadership theorist and author of more than forty books (translated into eighteen languages) on business, military and other leadership.[2] Life Adair was born in Luton and educated at St Paul’s School before undertaking his national service as a second lieutenant in the Scots Guards from 1953 to 1955. Unusually, he served as adjutant of a Bedouin regiment in

Karol Adamiecki

Karol Adamiecki (Dąbrowa Górnicza, 18 March 1866 – 16 May 1933, Warsaw, Poland) was a Polish engineer, management researcher, economist, and professor. Life Ulica Mokotowska 51/53, Warsaw, site of Adamiecki’s activities in 1927-33. Karol Adamiecki was a prominent management researcher in Eastern and Central Europe. He began his research at the Institute of Technology in St. Petersburg, Russia (1884–90). In 1891 he graduated

Ichak Adizes

Ichak Kalderon Adizes (/iːtsˈxɑːk əˈdiːzɪs/ uh-DEE-ziss[2]) is a Yugoslav American business consultant and former tenured professor.[3] Early life Ichak Adizes was born in North Macedonia.[4] As a Jewish child during World War II, he hid in Albania as a Muslim for protection. The story was documented in a film entitled I Want To Remember, He Wants To Forget.[5] In 1948, Adizes moved with his family

Niclas Adler

Bo Niclas Adler (born 30 April 1971) is a Swedish entrepreneur, scientist, founder and CEO for Synthesis Group. As an entrepreneur he has built several biopharma and medical technology companies as well as both VC and PE funds dedicated to life-sciences. As a management researcher he is known for his work on “Managing complex product

Charles Constance César Joseph Matthieu d’Agoult

Charles Constance César Joseph Matthieu d’Agoult de Bonneval (1747 in Grenoble– 1824 in Paris) was a French Roman Catholic bishop, and after his resignation of his diocese a political writer. His eldest brother, François-Edouard-Augustin-Venceslas-Hippolyte, Marquis d’Agoult, was Maréchal-de-Camp in the royal army. Another brother, Antoine-Jean, Vicomte d’Agoult, held the rank of Mestre-de-camp, and was a Commander in the Order