Gary Hamel and C.K. Pralahad made a very solid case 15 years ago on the role of competency. This month, our discussion will revisit their article, and consider it in light of the growing set of questions and imperatives of innovation.
Strategy, by one definition, focuses on developing an organization's capabilities and capacity in relationship to achieving and furthering its competitive advantage. In this context, what role does the core competency of the organization play? How important is it to develop a core competency and should it be the criteria for evaluating and electing new business directions or acquisitions?
We will use the competency lens to examine some headline making companies we have discussed earlier in the year, eg. J.C. Penney as well as those mentioned by Austin Carr and Ram Charan, additional authors whose recent commentaries we included for review this month.
Please REGISTER to JOIN US on May 17, 2013 7:30 am at Sopprafina Café
We continue to limit attendance to the first 20 who sign up, in order to keep the conversation flowing. If you do register and find you won't be able to attend please let us know so we can give you seat to someone else.
Please read the following articles in advance, and Don't forget to check out our blog (www.strategyinsight.wordpress.com)
--Thanks and see you soon!
Death To Core Competency: Lessons From Nike, Apple, Netflix
by Austin Carr, Fast Company
The Core Competence of the Corporation
by C.K. Prahalad and Gary Hamel, HBR 1990
Your Core Competence Still Relevant?
by Ram Charan, Forbes March 2013