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 ...
Get 25 Need-to-Know Strategy Tools now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
