The Explainer: Finding Your Company's Core Competencies

What does your company do better than anyone else?
In the short run, a company’s competitiveness derives from the price/performance attributes of current products. But in the long run, competitiveness derives from an ability to build, at lower cost and more speedily than competitors, the core competencies that spawn unanticipated products. Core competencies are the collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies.
Unlike physical assets, which deteriorate over time, core competencies are enhanced as they are applied and shared. But competencies still need to be nurtured and protected; knowledge fades if it is not used. Competencies are the glue that binds existing businesses. They are also the engine for new business development.
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Пікірлер: 20

  • @brandonneverdies
    @brandonneverdies4 жыл бұрын

    0:06 Is that the mr krabs walking sound effect? hahaha love it

  • @charlesscott27
    @charlesscott274 жыл бұрын

    "knowledge fades if it's not used"

  • @couldntthinkofausername2602
    @couldntthinkofausername26024 ай бұрын

    I am doing A level Business and every time I finish a topic I come to HBR for a quick summary (if they have covered it)

  • @arnavtube
    @arnavtube4 жыл бұрын

    Explains a lot in a very crisp way.

  • @alparslankorkmaz2964
    @alparslankorkmaz29643 жыл бұрын

    Nicely explained.

  • @Alex_Short
    @Alex_Short2 жыл бұрын

    Thank you

  • @ntcuong01ct1
    @ntcuong01ct13 жыл бұрын

    Hello friends, I have 1 situation: Company X has 20 years of experience in making agricultural products (rice) and supplying them to customers (production, distribution). CEO sees the growth potential of the livestock sector in the next 5 years, CEO of the company wants to expand the company's core competencies into the livestock sector. So will the CEO decide to do M&A or set up a completely new company to add this core competency quickly? Now the company will have 2 core competencies, right? Thank you.

  • @ashikamishra6574
    @ashikamishra657410 ай бұрын

    Where you made this ppt and edits?

  • @sirisaksirisak6981
    @sirisaksirisak69813 жыл бұрын

    Co core completence= Collect multi best capability together.

  • @indikaranatunga8387
    @indikaranatunga83874 жыл бұрын

    Wow

  • @syedhossain8034
    @syedhossain80342 жыл бұрын

    Who are the Contributors?

  • @ntcuong01ct1
    @ntcuong01ct13 жыл бұрын

    Core competencies are people or machine or plant or licence of invention, right?

  • @osamagulzar4453

    @osamagulzar4453

    3 жыл бұрын

    If it comes to Plant and Machinery (for short P&M) It's not difficult to copy as anyother person Can easily copy or make a better version of it. Depends upon finance I must say.

  • @osamagulzar4453

    @osamagulzar4453

    3 жыл бұрын

    When I comes to License If someone has money and R&D Having ISO compliance can claim for a license already Got by some one I'm here taking an example of GSK Pharmaceutical Co. Allows to manu. Medicines under its granted license So what should we say here.

  • @osamagulzar4453

    @osamagulzar4453

    3 жыл бұрын

    Yes People may be by some means a source of Core Competence and to get some Competitive advantage out there.

  • @osamagulzar4453

    @osamagulzar4453

    3 жыл бұрын

    But if I take an Example of Persons certified by ACCA CPA MBA (E) or any other And both competitors having same ....Then

  • @DarklordMan
    @DarklordMan4 жыл бұрын

    Ist jemand von der HHU hier?

  • @emmanuelmatuco6248
    @emmanuelmatuco624810 күн бұрын

    2024 Jun 29 - HBR- The Explainer KZread- Finding Your Companies Core Competences. Disclaimer: The comments are mine alone. I take full responsibility). Comment D - Comment. The 9th and 10th Worlds - The World of the Bodhisattva and Buddhahood. Brief recap: The Lotus Sutra as per Sakyamuni is where he revealed the truth missing in all the other sutras. What is this truth? (silence… 2 weeks design white space… June 15-June29])… Good Friend 1: Everyone can end one’s suffering permanently because everyone has the seed of Buddhahood within themselves. All can become Buddhas. This seed is innately eternal. This always is (not was) our “original” state of life or life condition. Regardless of our color, gender, race, creed, or faith. And where we (this Buddha) dwells, that land is the Buddha's land as well. Good Friend 2: This general truth, that the state of Buddhahood exists was never disputed. During Sakyamuni’s time, he was the actual proof of the existence of that life condition. His diary composed of 84,000 teachings served as documentary proof. A human being can attain Buddhahood because everyone has the seed of Buddhahood within is the theoretical proof. So why was there a schism in the Buddhist world and what was the nature of this disagreement? Good Friend 1: Probably it has something to do with “how” one can awaken to that life condition of Buddhahood. During Sakyamuni’s time, nobody disputes his claim that one can awaken to Buddhahood. He and his disciples served as the actual proof. The Buddhist sangha (order) directly mentored the people. They were there to answer questions, resolve doubts, to strengthen the faith and the practice of everyone. They are all the “living diaries of Buddhahood”. The “living Lotus Sutras”. Living actual proofs. But over time, approximately a millennia, Buddhahood, or the attainment of Buddhahood, as a theory is still supported because documentary proof exists. But can everyone actualize it within one’s lifetime? Regardless of gender, color, race, or creed? Maybe a few can, but everyone? If so, how? What sutra? With a maze composed of 84,000 teachings, and no living Sakyamuni or key disciples alive to serve as official guides, it is logical, that the sangha will split into various interpretations of how to actualize Buddhahood within oneself. The decline of the Lotus Sutra and the rise of the Provisional Sutras. The “general truth” that humanity’s suffering can be permanently ended through Buddhahood is still accepted. But the “specific truth” that all can awaken to their Buddhahood, within their lifetimes, just as they are, regardless of gender, color, or creed through the way advocated in the Lotus Sutra is almost lost. If the way to Buddhahood is lost, then what’s the point of Buddhism? Good Friend 2: Now I understand why, the Great T’ien-t’ai (Tang Dynasty China) must emerge. He brought back the superiority of the Lotus Sutra over the Provisional Teachings. The center of Buddhism moved from India to China. China’s civilization was at its height then. Buddhist schools or temples were the Ivy League centers of knowledge at that time. The best of the best. Reportedly there were seven (7) major schools of Buddhism distributed all over China. They harbored “differences” as to the 3 proofs of Buddhahood. Specifically, the theoretical proofs and by extension the documentary proofs that supported their respective “theories” of the attainment of Buddhahood. I assume, there was no “living actual proof” of the attainment of Buddhahood, to resolve matters. To show “actual proof”, one must present theoretical proof and documentary proof. The Tang emperor sponsored a great debate. All the major schools of Buddhism were called and represented. T'ien-t’ai joined. He won. What was T’ien-t’ai’s “theoretical proof and documentary proof”? Good Friend 1: T’ien-t’ai championed the Lotus Sutra as his documentary proof. For the theoretical proof, T’ien-tai shared the doctrine of 3,000 Worlds in a single moment of life. Reportedly he discerned this in the 2nd and 16th Chapters of the Lotus Sutra (Japanese: Ichinen Sanzen) He shared the Mutual Possession of the 10 Worlds. Through this documentary and theoretical proof, one can attain the actual proof of Buddhahood. Through these proofs, one need not go through kalpas or lifetimes, to move from each life condition to a higher one (from Hell to Hunger to Animality to Anger, and so forth and so on…). One can move directly to the state of Buddhahood within one’s lifetime. Because Buddhahood and the other 9 worlds also reside in all life conditions. One can awaken to Buddhahood regardless of what life condition one originated from. Regardless of gender. Be they a man, even as evil as Devadatta, or a person of the 2 Vehicles, or people of Incorrigible Beliefs, or a woman, or as uniquely as a dragon’s child. They could attain Buddhahood in the very place where they dwell. Just as they are. It was said, that upon hearing T’ien-tai preaching of the Lotus Sutra, one of the leaders of the top Buddhist Schools in that debate bowed, went down on all fours, and insisted that T’ien-t’ai sit on his back while preaching it to everyone. This is the Buddhist monk’s way of atoning for his slander against the Lotus Sutra and asserting its supremacy over all the other sutras. Good Friend 2: So T’ien-t’ai, through the Lotus Sutra (documentary proof) and Ichinen Sanzen (theoretical proof) was awakened to Buddhahood. Like Sakyamuni, he is the “actual proof” that a human being can attain Buddhahood. Now, I appreciate why he was honored with the title “Great” and why he was considered the Buddha of the Middle Day of the Law. (Note: Sakyamuni is the Buddha of the Former Day of the Law or the first 1,000 Years of Buddhism. The Middle Day of the Law refers to the 2nd 1,000 years of Buddhism). The Great T’ien-t’ai wrote a book, in which he shared a practice, reportedly and generally meditative on how to attain Buddhahood. On how to “observe one’s mind and see Buddhahood within it”. This book, Great Concentration and Insight, was the Great T’ien-t’ai’s very own version of the Lotus Sutra. Good Friend 1: So now we have 2 versions of the Lotus Sutra. Sakyamuni’s 28-chapter Lotus Sutra, and T’ien-t’ais’s Great Concentration and Insight Lotus Sutra. And there is one common Lotus Sutra both Sakyamuni and T’ien-t’ai acknowledged. The 24-character Lotus Sutra of Bodhisattva Never Disparaging (Lotus Sutra Chap titled Bodhisattva Never Disparaging). Good Friend 2: I have a question: If the seed of Buddhahood is in all of us and can be awakened (theoretical proof) and the Lotus Sutra (documentary proof) is the King of all sutras, with Sakyamuni and T’ien-t’ai’s attainment of Buddhahood as Actual Proof, why the need for Nichiren Daishonin? (to be continued)

  • @emmanuelmatuco6248
    @emmanuelmatuco624824 күн бұрын

    2024 Jun 15 - HBR- The Explainer KZread- Finding Your Companies Core Competences. Disclaimer: The comments are mine alone. I take full responsibility). Comment C - The 9th and 10th Worlds - The World of the Bodhisattva and Buddhahood. Brief recap: Sakyamuni wrote a diary. It is composed of 84,000 teachings. Like typical diaries it is arranged chronologically. Approximately 50 years coverage. From the time Sakyamuni perceived the “truth” within his life, shared it, and until his death. The chronological time also refers to the level of the teachings he shared to his disciples. I haven’t read the entire “diary”. But data indicates the depth of the teachings goes progressively deeper as the sharing continued. Good friend 1: Why are you interested in Sakyamuni’s diary? Good friend 2: He went on a quest for the truth that will end humanity’s suffering. This quest was triggered and was captured in the Four Gates Story. Good friend 1: Did he found it? Good friend 2: Yes, apparently he did. Sakyamuni, attained enlightenment. We can assume that his quest for ending humanity’s suffering was achieved for he started sharing it. For his achievement he was called a “Buddha”. An enlightened one. A state of life he attained starting as an ordinary person. It took him approximately 50 years to accomplish. Good friend 1: Why that long? Good friend 2: I conclude the “truth” must be “really difficult to believe, and difficult to understand”. Good friend 1: What is this truth then? Good friend 2: That is what we are about to study. Good friend 1: It is a voluminous diary. 84,000 teachings to be exact. Where will you start in this study? Good friend 2: I apologize, I haven’t read the entirety of this “diary”. And I am not an authority of it either. Why don’t we let Sakyamuni himself guide us using his own words. (A brief silence) Good friend 2: Sakyamuni’s diary is composed of two (2) volumes. Classified as follows: Volume 1: Pre-Lotus Sutra; Volume 2: Lotus Sutra. Good friend 1: What is your basis for the above classification? Good friend 2: The Lotus Sutra, Chapter2, contain these words: “must now reveal the truth…”. I interpreted the phrase “must now reveal the truth” as referring to the “entire truth” which was the point of Sakyamuni’s quest. If, the Lotus Sutra is the only sutra that contains the entire truth, then one can conclude that all the other pages of this “diary” and/or other sutras, before and after the Lotus Sutra’s was taught, were just “partial truths”, or “supporting or alluding to the truth”, or “expedient means” to believe and understand this truth. Good friend 1: That is quite a claim. Do you have documentary proofs supporting that? Good friend 2: Yes, I have. Sakyamuni said: (1) “[Preaching the Law in various different ways], I made use of the power of expedient means. But in these more than forty years, I have not yet revealed the truth.” (Source: Immeasurable Meanings Sutra, regarded as an introduction to the Lotus Sutra). Another documentary proof: (2) “Honestly discarding expedient means, [I will preach only the unsurpassed way].”(Source: Lotus Sutra). Further, the above statements also implied progression of depth of the teachings. To recap: from Sakyamuni, he shared this “truth” in the last 8 years of his “diary”. In the Lotus Sutra only. Not anywhere else. Good friend 1: Thank you for those proofs. However, from the perspective of helping humanity, don’t you think 50 years of training to understand and hear this truth, is somewhat long? Good friend 2: Yeah it is. 50 years is not actually compassionate. Not all humanity can undergo that quest. Only a few can. Therefore, no matter how valuable that truth it is only be valuable to a few. Exclusive. Not inclusive. And “exclusiveness” is not what Sakyamuni had in mind, when he shared the ”truth”. It must be all or nothing. Suffering must end as soon as possible. Good friend 1: But surely Sakyamuni knew too of this “50 year” hurdle and the way to overcome it. We must have missed something. Good friend 2: (contemplating)… If inclusiveness is a deal-breaker, then 50 years training is too long. The old person in the Four Gates Story, or the sick person cannot survive it. Sakyamuni must have found a way. Or at least left a clue. Good friend 1: But why would he do that? It is out of character. Anyhow, if the Lotus Sutra contains the truth… perhaps… the nature of that “truth” must also contain the answer to achieving inclusiveness. Commentary: 50 years is even an understatement. From the prevailing context in ancient India and even in medieval shogunate Japan, where the caste system is prevalent, we’re talking of kalpas (1 kalpa is 4.2 Billion Years) in overcoming suffering. Kalpas of assiduous practice to move from each of the 10 worlds starting from Hell upwards to Buddhahood. Why is this so? It appears, in the pre-Lotus Sutra teachings, each of the 10 worlds are treated as separate and independent of each other. Moving upwards takes kalpas or several lifetimes. There is a light at the end of this “suffering” tunnel, but it is soooooo far. Almost hopeless. And that is exactly why Sakyamuni said that the “gem”, the truth, in the Lotus Sutra must be shared. “must reveal the truth”… to overturn the hopelessness the pre-Lotus Sutra teachings created. So the element of urgency contained in the word “must” from the phrase “must reveal the truth…” does not only refer to the truth absent in non-Lotus Sutra teachings, but it also refers to the urgency of enjoying the full benefits of this truth (which should be less than 50 years or within one’s lifetime) once this “truth” is practiced. Again I have to commend the conciseness, the economy of the sutras in condensely packing so many “passengers” (concepts and principles) into brief sentences. A unique ETL vehicle. As you pull (contemplate) on one concept, attached to it is another deeper one. Nevertheless, the Lotus Sutra never wavered in asserting that we all have the gem that can turn “poison into medicine”. To turn a life of incessant suffering into a life filled with unbreakable joy. This “truth” is our birthright. Else, why then were we accorded the privilege of being born in Mappo, the age where the One True Vehicle, the Great Law is revealed? Yes? What is this “gem”? Where in the Lotus Sutra was this hidden? (to be continued)