Putting core competencies into market: core competence-based platform approach

2002 ◽  
Author(s):  
Xu Qingrui ◽  
Wang Yi ◽  
Chen Jin ◽  
Shen Shouqin
Keyword(s):  
Core Competence ◽  
Core Competencies

Reap exceptional value from M&A: manage it as a core competence

2018 ◽  
Vol 46 (5) ◽  
pp. 17-25
Author(s):  
Timothy Galpin
Keyword(s):  
Core Competence ◽  
Process Model ◽  
Flow Model ◽  
Core Competencies ◽  
Growth Strategy ◽  
Single Stage ◽  
Content Type ◽  
Financial Transaction ◽  
Single Discipline ◽  
End To End

Purpose Mergers and acquisitions (M&As) have become the preferred growth strategy for many executives. However, simply “doing deals” is not enough to create a competitive advantage for their companies. Only focusing on M&A as a financial transaction is too narrow of an approach, which is easily duplicated across firms. Using Woodward, Inc. as a case example, this article shows how using an actionable, end-to-end process model, and embedding integrated capabilities within the organization, across the entire process, managers can make M&A a core competence to provide a valuable, rare, and inimitable advantage for their firms. Design/methodology/approach A mixed-methods approach, combining action research with a narrative synthesis of empirical and practice literature was used to develop a comprehensive M&A process model - the Deal Flow Model - consisting of ten stages across three phases. The resource-based view, core competencies, and the VRIO framework provide a theoretical foundation for the model. An application of the Deal Flow Model using Woodward Inc. as a case example is also presented. Findings Only focusing on M&A as a financial transaction is too narrow of an approach, which is easily duplicated across firms. Instead, using an actionable, end-to-end process model, and embedding integrated capabilities within the organization across the entire M&A process provides a valuable, rare, and inimitable advantage for firms. Research limitations/implications Researchers will find the Deal Flow Model useful as a structure to examine the M&A process as a whole or to frame single-stage, single-discipline research in the broader context of the overall M&A process. Practical implications A practice-oriented Deal Flow Model, providing a cross-disciplinary, end-to-end view of the M&A process is presented. The model is designed to be actionable by managers, who can apply the process to build the M&A competence of their organization. Originality/value The Deal Flow Model is unique as it is designed to be actionable by managers, who can apply the process to build the M&A competence of their organization. Likewise, researchers will find the model useful as a structure to examine the M&A process as a whole or to frame single-stage, single-discipline research in the broader context of the overall M&A process.

Enterprise Synergy Innovate Mechanism Based on Dynamic Core Competence

2011 ◽  
Vol 225-226 ◽  
pp. 61-64
Author(s):  
Xiao Guang Wang ◽  
Hu Bin Guo ◽  
Xiang Xiang Zhao
Keyword(s):  
Growth Mechanism ◽  
Core Competence ◽  
Core Competencies ◽  
Theoretical Framework ◽  
Basic Function ◽  
Enterprise System ◽  
Innovation Capability ◽  
Business Growth ◽  
Enterprise Growth ◽  
The Core

In this paper, using the ability as the basic elements of the analysis unit, discuss the enterprise which has continued to grow on the internal rules of building a sustained business growth, generate the theoretical framework of the mechanism and expand the capacity of traditional business theory. Based on the synergy innovation, enterprise dynamic core competencies to achieve. the enterprise system is a the network of dynamic core capacity in all core business of the assembly, which is the core of the system of co-innovation capability, the ability to synergy innovate is a enterprise dynamic core competencies. The existence and evolution of the most basic function of dynamic capacity network to form the core of the most important enterprise growth mechanism.

Analysis of the Way to Enhance the Professional Core Competence of Engineering Students of New University

2014 ◽  
Vol 596 ◽  
pp. 1048-1051
Author(s):  
Xue Qin Zhao
Keyword(s):  
Core Competence ◽  
Engineering Students ◽  
Core Competencies ◽  
Interpersonal Skill ◽  
Learning Ability ◽  
Clear Understanding ◽  
Professional Skills ◽  
The Way

By analyzing the characteristics of the new university of engineering students’ professional core competencies, students generally attach great importance to the personal and professional skills, they want to improve personal and professional core competencies, but lacking of a clear understanding and effective way to improve interpersonal skill and learning ability; they pay attention to enhance practical ability, but lacking of the development and innovation, so they hope to improve the ability based on the practice. According to the above features, this article presents the way to improve the professional core competencies.

scholarly journals PENDIDIKAN KARAKTER BERBASIS KEARIFAN LOKAL SUNDA DAN RELEVANSINYA DENGAN PEMBELAJARAN PPKn DI SEKOLAH MENENGAH PERTAMA

2021 ◽  
Vol 8 (2) ◽  
pp. 116-128
Author(s):  
Iyep Candra Hermawan ◽  
Aan Hasanah
Keyword(s):  
High Schools ◽  
Elementary Education ◽  
Character Education ◽  
Citizenship Education ◽  
Core Competence ◽  
Junior High ◽  
Core Competencies ◽  
Junior High Schools ◽  
National Education ◽  
The World

ABSTRACTThis research reveals the values of character education based on Sundanese Local Wisdom (KLS) in relation to Core Competencies (KI) in learning Pancasila and Citizenship Education (PPKn) in Junior High Schools. Character values become a reference in the world of education and must be applied in schools. In KLS, there are several character values that are revealed in 'paribasa or babasan' which is a treasure for the life of the Sundanese. These character values are relevant to those formulated by the Ministry of National Education as many as 18 character values. Meanwhile, the character values in Civics learning are as reflected in the KI formulation in elementary education for grades VII-IX. Based on the results of the analysis, it can be revealed that there is a significant relevance of SEA-based character values with character values in KI and those formulated by the Ministry of National Education. Of the 42 'paribasa' KLS character values, it can be classified into 12 character values that are relevant to the KI formulation. The KLS character values become enrichment materials in Civics learning in Junior High Schools.Keywords: Character education, Sundanese, local wisdom, core competence AbstrakPenelitian ini mengungkapkan tentang nilai-nilai pendidikan karakter berbasis Kearifan Lokal Sunda (KLS) dalam hubungannya dengan Kompetensi Inti (KI) dalam pembelajaran Pendidikan Pancasila dan Kewarganegaraan (PPKn) di Sekolah Menengah Pertama. Nilai-nilai karakter menjadi acuan dalam dunia pendidikan dan harus diterapkan dalam persekolahan. Dalam KLS memiliki beberapa nilai karakter yang terungkap pada ‘paribasa atau babasan’ yang menjadi khasanah bagi kehidupan orang Sunda. Nilai-nilai karakter tersebut relevan dengan yang dirumuskan oleh Kementerian Pendidikan Nasional sebanyak 18 nilai karakter. Sedangkan nilai-nilai karakter pada pembelajaran PPKn sebagaimana tercermin dalam rumusan KI pada pendidikan dasar kelas VII-IX. Berdasarkan hasil analisis dapat diungkapkan bahwa terdapatnya relevansi yang signifikan nilai-nilai karakter berbasis KLS dengan nilai-nilai karakter dalam KI serta yang dirumuskan oleh Kemendiknas. Dari sebanyak nilai karakter KLS 42 ‘paribasa’, maka dapat diklasifikasikan pada 12 nilai karakter yang relevan dengan rumusan KI. Nilai-nilai karakter KLS menjadi bahan pengayaan dalam pembelajaran PPKn di Sekolah Menengah Pertama.Kata Kunci: Pendidikan karakter, Kearifan lokal, Sunda, Kompetensi inti

scholarly journals Strategy beyond the business unit level: corporate parenting in focus

2019 ◽  
Vol 40 (3) ◽  
pp. 43-51 ◽  
Author(s):  
Timothy Galpin
Keyword(s):  
Competitive Advantage ◽  
Core Competence ◽  
Core Competencies ◽  
Core Competency ◽  
Theory And Practice ◽  
Resource Based View ◽  
Content Type ◽  
Diversified Firms ◽  
Corporate Parenting ◽  
Practice Literature

Purpose The gap between management theory and practice has been much criticized. To help bridge the divide, a synthesis of empirical, theoretical and practice literature is offered, along with an application of the widely used VRIO framework, to contend that developing a focused corporate parenting approach as a core competence serves as a source of competitive advantage for diversified companies. Design/methodology/approach A synthesis of empirical, theoretical and practice literature is presented, beginning with a discussion of why and how firms diversify; the relative performance of firms that pursue related and unrelated diversification; an application of the resource-based view, core competencies and the VRIO framework; a description of focused corporate parenting as a core competency; a prescription for how diversified firms can implement a focused corporate parenting approach; and implications for research. Findings Developing a focused corporate parenting approach as a core competence serves as a source of competitive advantage for diversified companies. Research limitations/implications The synthesis of empirical, theoretical and practice literature presented provides a foundation for future research into the impact of focused corporate parenting on diversified firm performance. Practical implications The paper includes a prescription for how diversified firms can implement a focused corporate parenting approach. Originality/value The application of the resource-based view and core competency theories to corporate parenting provides managers with the rationale for and methodology to focus their corporate parenting activities.

scholarly journals Marketing View of Core Competence Cultivating on Business Majors in Private Universities

2021 ◽  
Vol 15 (1) ◽  
pp. 110
Author(s):  
Huang Dong
Keyword(s):  
Higher Education ◽  
Core Competence ◽  
Core Competencies ◽  
Private Universities ◽  
Essential Elements ◽  
Target Market ◽  
Business Majors ◽  
Education Development ◽  
Training Mode ◽  
The Core Competence

It is necessary and feasible to develop core competencies for busniness majors of private universities. The purpose of this study was to apply business management theories, especially marketing theories to researches on busniness majors, along with the higher education theories. We trace back core competence theory, point out the essential elements and the interpretations of core competencies on disciplines and majors. It must conform to the law of higher education development, and the interdisciplinary theory should also be taken as an important analysis perspective. Good talents training mode is the key. This paper studies the way to optimize the mode in the perspective of target marketing. We should follow three steps: segmenting, targeting, positioning. We can use multitudinous variables such as age, preferences, interests, etc. to segment education market, employ indifference marketing, differentiated marketing or focus marketing to choose the suitable target market on the basis of our own strengths and weaknesses. And then, offer the tailored talents training plans. Private universities should position themselves properly, it will directly result in school-running ideas, funding, curriculum development, types of talents etc. The training objective is core of training mode, also the cornerstone and guidance of other elements. The curriculum system gives support to achieving training goals, it affects the coordinated development of students’ knowledges, abilities, quality structure. The paper uses product theory to inquire into curriculum orientation, curriculum modes and teaching methods. It also expounds the structuring of practical teaching system. School, discipline, and major images intensively embody the core competence, image-building is a process of brand shaping and communicating. Some specific marketing measures are applied to promote business majors development. The measures include internal branding and other three strategies: brand image speaker, affections, cultural charm. Finally, the research conclusions and relevant suggestions are put forward.

scholarly journals The analysis of Taiwan emergency physician’s core competencies base on the ACGME idea

2021 ◽  
Author(s):  
Kuo-Fang Hsu ◽  
Ping-Lung Huang ◽  
Tian-Shyug Lee ◽  
Bruce C.Y. Lee
Keyword(s):  
Medical Education ◽  
Patient Care ◽  
Communication Skills ◽  
Core Competence ◽  
Core Competencies ◽  
Medical Knowledge ◽  
The Core ◽  
Medical Quality ◽  
Importance Factor ◽  
The Core Competence

Abstract The development of the core competence of physicians is related to the practice of medical quality. As the most important field for cultivating the core competence of physicians, how to achieve the construction and evaluation of core competence is an important issue for medical education and management. This study uses the large core competence framework proposed by the ACGME (Accreditation Council for Graduate Medical Education), and use Fuzzy AHP (FAHP) and DEMANTEL method to analyze the weight and priority, and the cause and effect cluster. Study result shows that the FAHP’s importance factor ranking is (1).patient care (C1) (27.83%), (2).medical knowledge (C2) (20.77%), (3).professionalism (C5) (17.93%), (4). Interpersonal and communication skills (C4) (17.41%), (5). practice-based learning and improvement (C3) (15.52%), and (6). systems-based practice (C6) (8.233%). In terms of DEMANTEL, the effect cluster include Patient Care (C1), Professionalism (C5) and Systems-based practice (C6), and the cause cluster includes Medical Knowledge (C2), Practice-based learning and improvement (C3) and Interpersonal and Communication skills (C4). According to finding, the patient care (C1) is the result of attitude, patience, and other five ACGME Core Competence Items. Therefore, the development of emergency physicians’ also needs humanities and ethics training and practice to follows the practice-based learning (C3). This study demonstrates to show on importance factor in emergency physician’s core competencies cultivate. Furthermore, the current findings can serve as a reference for future research in the other specialists physicians cultivate.

scholarly journals Managing Core Competence of the Organization

2005 ◽  
Vol 30 (4) ◽  
pp. 49-64 ◽  
Author(s):  
Shirish C Srivastava
Keyword(s):  
Competitive Advantage ◽  
Core Competence ◽  
Core Competencies ◽  
Theoretical Concept ◽  
Sustainable Competitive Advantage ◽  
The Past ◽  
Future Strategy ◽  
The Subject ◽  
Competence Framework ◽  
Sustained Success

Past studies on ‘core competence’ have deliberated either on the theoretical concept of core competence or its usefulness as a strategic tool for firms. In spite of a large number of papers on the subject, to the author's knowledge, there has been no study which spells out an actionable framework for leveraging the concept of core competence in creating competitive advantage for organizations. This perceptible gap in strategy literature is the prime motivation for this study. In this paper, the author views core competence as a ‘dynamic learned resource’ which is subject to continuous metamorphosis with changes in internal and external environment. The proposed ‘critical competence’ framework integrates the various studies on core competence and puts forth an all-encompassing practicable methodology to be utilized by firms for sustained success. Critical competence is the ability of a firm to successfully identify, nurture, develop, upgrade, and deploy its hierarchy of competencies to attain sustainable competitive advantage. In the process of proposing and explaining the framework for critical competence, this paper makes four major contributions: First, it provides a consolidated and comprehensive literature review on the subject of core competence which can be used by academics for future studies on the subject. Second, the proposed framework for critical competence shows that the possession of meta/core competencies will in itself not result in competitive advantage; rather, it is important to understand how these competencies are utilized for adding value to the firm. Third, the proposed critical competence framework serves as a tool for analysing the past success/failure and also serves as a guide for charting out the future strategy of firms. Fourth, through the example of Indian Railways, the paper illustrates the ‘descriptive capability’ of the proposed critical competence framework. The proposed framework helps us conclude that competencies in an organization need to be continuously nurtured, developed, and also abandoned. Critical competence emerges as a universal competence which is at the highest level in the hierarchy of competencies and is a prerequisite for attaining sustainable competitive advantage.

scholarly journals Technology Management: Strategic Model for Developing Nations

2019 ◽  
Vol 8 (4) ◽  
pp. 910-913
Keyword(s):  
Technology Management ◽  
Core Competence ◽  
Core Competencies ◽  
Quantitative Difference ◽  
National Level ◽  
Developing Nations ◽  
Qualitative And Quantitative ◽  
Technological Leadership ◽  
Strategic Model

Technological leadership helps in building core competence. There is a qualitative and quantitative difference in the capability and competence. Core competencies very important assets and they do not come up in accounting books. Core competencies are mainly abstract and software like rather than hardware. With this as the back drop, it is required to have a strategic structure at national level to support technologies and competencies at all levels within the developing nations.

scholarly journals Core Competencies and Employability: The Mediating Roles of Digital Literacy and Learning Strategies

2019 ◽  
pp. 190-200
Keyword(s):  
College Students ◽  
Learning Strategies ◽  
Digital Literacy ◽  
Structural Equation ◽  
Core Competence ◽  
Learning Strategy ◽  
Core Competencies ◽  
Core Competency ◽  
Goal Orientations ◽  
Effective Use

This study examined the mediating roles of digital literacy and learning strategies in the influence of core competencies on employability. Participants of this study were 916 college students in 10 Korean colleges. Data analysis consisted of descriptive statistics, reliability testing, correlation analysis, and structural equation modelling. The results showed that core competency had a positive effect on employability. Learning strategies mediated the influence of core competence on employability; digital literacy did not. There was a significant multi-mediated effect of digital literacy through learning strategy on the influence of core competence on employability. These findings suggest that college students need to develop such strategies for themselves or participate in structured programs provided by their colleges to make effective use of learning strategies. Also, because learning strategy may be a catalyst for digital literacy, it is indispensable for college teachers to point out the effective use of learning strategies using mainly digital devices and resources. It is necessary to conduct follow-up research such as experimental and quasi-experimental research to verify the influence of core competencies on employability depending on learners’ characteristics such as learning styles, self-efficacy, and achievement goal orientations.

Sign in / Sign up

Export Citation Format

Share Document