Purchase Solution

Core Competencies

Not what you're looking for?

Ask Custom Question

How can a corporation identify its core competencies? Its distinctive competencies? Provide examples of each for your own organization.

Purchase this Solution

Solution Summary

This solution discusses Core Competencies and how an organization may develop their own to ensure proper hiring of empoyees. The solution is approximately 850 words with two references.

Solution Preview

Core Competencies
Core competencies lead to the development of core products; or give an organization a competitive advantage. There are three useful tests for identifying a core competence. These tests are (McNeil, 2002):
1. Provide access to a wide variety of markets
2. Contribute significantly to the end-product beliefs
3. Be difficult for competitors to imitate
In other words, the organization must look into exactly what the job scope is what the mission of the organization is and develop competencies which align with the organization's beliefs and values. The organization should analyze and recognize their values and beliefs and adjust their competencies to meet them.
Distinctive competencies are an alternative definition for core competencies; however, is specific to what the organization does better than others in their industry. This would be developed by looking at the growth direction, defining the market by growth opportunity and product development. For example, Nokia's distinctive competencies are product innovation, global brand management and rapid response (Oliff, 2008).
When hiring new employees, you may address certain areas in an interview, but how do you really know if that employee is really who they say they are? Here is a list of examples of Core Competencies for employee recruitment:
Excellence:
Sets high, "stretch" standards of performance for self and all coworkers. Demonstrates low tolerance for mediocrity. Requires high-quality results. Exhibits conscientiousness and high sense ...

Purchase this Solution


Free BrainMass Quizzes
MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.