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25 Need-To-Know Strategy Tools
book

25 Need-To-Know Strategy Tools

by Vaughan Evans
November 2014
Beginner
224 pages
4h 14m
English
FT Publishing International
Content preview from 25 Need-To-Know Strategy Tools

19

Core competences (Hamel and Prahalad)

This tool will help you:

  • Recognise that corporate HQ has a role to play in nurturing the core competences needed for success across each business unit
  • Reshape those core competences to forge new businesses
  • Convey strategic intent throughout your organisation

About this tool

What are your firm’s core competences?

If strategic thought was dominated in the 1970s by BCG’s experience curve (Tool 14) and growth/share matrix (Tool 12) and in the 1980s by Michael Porter’s Five Forces (Tool 6), the 1990s can be viewed in retrospect as the time of the resource-based school of corporate strategy.

Chief trumpeters of this school were Gary Hamel and C.K. Prahalad, culminating in their pioneering and influential ...

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Publisher Resources

ISBN: 9781292016436