Prahalad and Hamel (1990): core competencies Management's ability to consolidate technology and production skills into competencies so the business ca
{"Image DocumentName": "Prahalad and Hamel (1990): core competencies", "Image ImageDescription": "Management\u2019s ability to consolidate technology and production skills into competencies so the business can adapt quickly to changing opportunities/circumstances. Core competencies = collective learning of the organisation about prod/tech/markets. e.g. Sony\u2019s miniaturisation skills. Competencies have to be built over a long period. They are difficult to identify precisely and hard to imitate. Many firms fail to identify their own core competencies and so fail to nurture them properly or exploit them fully.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}