Core Competencies Essay

The Impact of Core Competencies on Competitive Advantage: Strategic Challenge Jehad S. Bani-Hani Department of Business Administration, Jadara University, Irbid, Jordan E-mail: dr_jbanihani@yahoo.com Tel: +962-777404102; Fax: +962-2-7201210 Faleh, Abdelgader AlHawary Department of Business Administration Applied Science Private University, Amman, Jordan E-mail: Alhawary2002@yahoo.com Tel: +962-795777198; Fax: +962- 6- 5232899 Abstract This study examines the impact of core competencies on competitive

Core Competencies as the most significant Resource The conception of core competencies evolved from the resource- primarily based view of the firm that emphasised the actual fact that competitive advantage rests on the firm’s possession of distinctive difficult to imitate skills, knowledge, resources and competencies (Wernerfelt, 1984; Rumelt, 1984). These causally ambiguous irreproducible core capabilities serve to provide sustainable competitive advantage to the firm. This view emerged as a counterpoint

upon the outside company to supply a part of the product or services that is not a company 's core competency. Outsourcing can increase competitiveness any time when the same activity performed better at a lower cost, these activities are not a core capabilities of the company, it reduces time and speeds up the process, allow organizational flexibility, and allows concentration on the core business competencies that the company does best. Normally, before making any strategic move, a cost-benefit analysis

Core competency two requires that social workers apply ethical principles into practice. This core competency relates to the experiences that I had through my classes and internship. I will be illustrating how I applied specific practice behaviors to artifacts. The first practice behavior associated with this competency is demonstrating leadership in applying ethical reasoning for problem resolution. For me, this involved a release of health information form that I had to provide to another agency

Summary…………………………………………………………………….p. 3 Porter Airlines…………………………………………………………………………..p. 4 The Expansion..………………………………………………………………………...p. 4 What is Organizational Strategy………………………………………………………..p. 7 Porter Airlines Business Level Strategy………………………………………………..p. 9 Core Competencies …………………………………………………………….p. 9 Competitive Advantage………………………………………...………………p.12 Low Cost Business Level Strategy………………………………………...…..p. 13 Low Cost Business- Level Structure………………………………………………….p. 15 Conclusion…………………………………………………………………………….p

C. Competitor Analysis Completing the competitor analysis allows for the company to prepare a response profile to understand the market and where the company is positioned at this time. Within the analysis we will observe the objectives, strategies, assumptions, and strengths and weaknesses of the company’s competitors. Based on the growing global market pertaining to motorcycles, we shall observe the external environment. Due to the increase in the industry the company faces many competitors.    

Core Competencies Management is challenging and requires competencies distinctly different from other positions. After a brief six month tenure with my current employer, my manager resigned and a door opened for me in management. I was promoted to Claims Manager and suddenly tasked with additional responsibility and supervision of another employee. There was no job description for this position at the time and competencies had not been formally established. However, our company transitioned to

systems which have enabled the company to promote efficient communications (described in more detail below). With a well established and accepted vision, mission and market strategy, Whole Foods’ organization appears cohesive and has maintained its core business focus throughout its remarkable growth and expansion. Physical Resources With 270 retail locations each ranging from 45,000 to 75,000 square feet, nine distribution centers, five commissaries, nine regional bake-houses and subsidiaries

external and internal factors affect the smooth flow of business at Mayo Clinic. External environment analysis is important in determining the strategy that should be adopted by a business and internal environment analysis is critical to identify the core competences of the business.

Analysis of Resources and Capabilities Strengths and Weaknesses Francesca’s is a very unique store that that is quickly growing and expanding from where it originated in Texas and is now in 48 states across the country. They have been able to open up over six-hundred stores nation-wide and they show no signs of slowing down. We feel like because of their uniqueness, they have a great opportunity to expand across the world into more countries other than the United States of America. We chose