![]() ![]() ![]() A company surrenders tomorrow's businesses when it gets better without getting different. A company surrenders today's businesses when it gets smaller faster than it gets better.Prahalad (1996), Competing for the Future, Harvard Business School Press, April 1996 Core competence is communication, involvement, and a deep commitment to working across organizational boundaries.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.In the 1990s, they'll be judged on their ability to identify, cultivate, and exploit the core competencies that make growth possible - indeed, they'll have to rethink the concept of the corporation itself. During the 1980s, top executives were judged on their ability to restructure, declutter, and delayer their corporations. The most powerful way to prevail in global competition is still invisible to many companies.Prahalad (1990) "The Core Competence of the Corporation," in: Harvard Business Review. "The Core Competence of the Corporation," 1990 Daft (2014), The Leadership Experience, p. In so doing, it transforms great talent into exceptional accomplishment. ![]() A noble purpose inspires sacrifice, stimulates innovation, and encourages perseverance.Gary Hamel in: Gary Hamel On Innovating Innovation, Forbes, 4 December 2012.It's the only strategy for out-performing a dismal economy. It's the only guarantee of long-term customer loyalty. It's the only insurance against irrelevance. Most of us understand that innovation is enormously important.1.1 "The Core Competence of the Corporation," 1990. ![]()
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