Question

Gallon, Stillman & Coates suggest a six-step approach for identifying and cultivating a firm s core competencies. Describe this approach and provide examples.

Answer 1

1. Begin with a formation of a steering committee

2. Construct an inventory of capabilities by categorizing capabilities that is found

3. Assess your capabilities proceeds by evaluating the criticality of the competency and then evaluation of organization level of expertise in each competency

4. Identify competencies by culls the list of capabilities to the ones the organization should work, grow and focus on

5. Test your competencies by the use of prahalad and hamal model to select the criteria.

6. Evaluate the core competency positioning against competition this helps you to know wether competitors have the same level of competencies and to know which areas organizationa are to make changes or improve on.

Step-by-step explanation: