Strategic Analysis of Japanese Megabanks – Core Competency Development for Competitive Advantage

2020 ◽  
Author(s):  
Nicholas Burgess
Keyword(s):  
Competitive Advantage ◽  
Core Competency ◽  
Strategic Analysis ◽  
Competency Development

scholarly journals Ramp-up Process Improvement Practices for Time-to-Market Reduction

2018 ◽  
Vol 26 (1) ◽  
pp. 19
Author(s):  
Krisztián Szabó
Keyword(s):  
Product Development ◽  
Competitive Advantage ◽  
Continuous Improvement ◽  
Process Improvement ◽  
New Products ◽  
Core Competency ◽  
Time To Market ◽  
Serial Production ◽  
Automotive Supplier ◽  
Significant Percentage

The importance of the “Ramp-up bridge” covering the gap between product development and serial production, as well as the speed at which this bridge can be crossed, has increased, providing companies with a significant competitive advantage.However, a significant percentage of project aiming to introduce new products do not achieve their goals. [(60 percent of the automotive supplier ramp-up projects fail on either the technical, or the economic side (Bischoff, 2007)].The author explores the possible reasons, then makes suggestions regarding the support of successful ramp-up projects, through practical examples taken from the industry. Through the continuous improvement of ramp-ups, a new core competency can be achieved, with a decrease in time-to-market. This core competency is difficult to duplicate, and can provide an additional competitive advantage for companies manufacturing products with high technical complexity.

scholarly journals COMPETENCY: DEVELOPMENT, INTEGRATION, AND APPLICATION

2017 ◽  
Vol 2 (2) ◽  
Author(s):  
Steven Moulton ◽  
Oki Sunardi ◽  
Gino Ambrosini
Keyword(s):  
Human Capital ◽  
Competitive Advantage ◽  
Cross Section ◽  
Shared Leadership ◽  
Core Competencies ◽  
Business Success ◽  
Competency Development ◽  
Bottom Line ◽  
Strategic Direction ◽  
Organizational Competencies

<p>Many companies and organizations are increasingly focusing on human capital as a competitive advantage in a rapidly changing environment. To achieve business success, companies are expecting their employees to perform at higher levels, to be more customer-responsive, more process-oriented, more involved in shared leadership and more responsible for creating the knowledge that adds value to an organization’s distinguishing capabilities. When embarking on the path of selecting and defining competencies, an organization needs to pause for an introspective review. Linking competencies to the organization’s purpose, goals and values is the key to positively affect the organization’s direction and bottom line. Competencies can be categorized into one of four groups, organization-based, individual-based, technical and behavioral. From a strategic direction approach, the organization that knows and understands its core competencies and capabilities can use them to attain a strategic advantage. In addition, the organization understands that there is a diverse cross section of organizational competencies that are necessary for fulfilling its mission. Successful application of competencies lies in how they are defined. Simplicity and measurability are keys for competencies to be accepted and measured throughout an organization.</p><p>Keywords: competencies, core competencies, organizational competencies, simplicity and measurability</p>

The Basic Principles of Competitive Strategy

2015 ◽  
pp. 693-718
Author(s):  
Nabyla Daidj
Keyword(s):  
Strategic Planning ◽  
Competitive Advantage ◽  
External Environment ◽  
Strategic Thinking ◽  
Strategic Analysis ◽  
Sustainable Competitive Advantage ◽  
Complex Dynamic ◽  
Strategic Positioning ◽  
Basic Principles ◽  
Advantages And Disadvantages

Firms operate in a more and more complex, dynamic, less predictable environment. This situation requires following different approaches of strategic positioning and strategic planning and developing new patterns of strategic thinking. There are several strategic models and tools. Most of them have advantages and disadvantages. In spite of these limitations, these models must be examined. The purpose of this chapter is to conduct a strategic analysis (external and internal diagnoses). It familiarizes the reader with the forces that shape competition in a company's external environment and then analyzes internal strategic capabilities for identifying strategic sustainable competitive advantage.

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.

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