TAILIEUCHUNG - Core Competencies
The term "core competency" first became popular through an article on the subject which appeared in Harvard Business Review in June 1990, entitled The Core Competency of the Corporation, by Pralahad and Hamel. It defined core competencies as "the collective learnings in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies." The thesis being that core competencies (., harmonizing streams of technology) can become a way of competing via developing new products built around/off of a firm's proven competencies. Examples are the logistics system of Federal Express or Honda's engine technology or dealer network;. | Core Competencies Core Skill Bundles for HR in the New World The term core competency first became popular through an article on the subject which appeared in Harvard Business Review in June 1990 entitled The Core Competency of the Corporation by Pralahad and Hamel. It defined core competencies as the collective learnings in the organization especially how to coordinate diverse production skills and integrate multiple streams of technologies. The thesis being that core competencies . harmonizing streams of technology can become a way of competing via developing new products built around off of a firm s proven competencies. Examples are the logistics system of Federal Express or Honda s engine technology or dealer network competencies which are hard for the competition to copy. When we discuss this in terms of functions in a company it centers on the question of how does a function link its know-how to support the company s core competencies to improve operating results. For Human Resources it comes down to identification and bundling of key skill areas for deployment into business units and creating the mechanism to keep these fresh and relevant to individuals and the organization. For the organization year 0-2005 and beyond Human Resources professionals must develop deep skills and expertise in five areas to ensure that value is added. Value is defined as increasing capability eliminating barriers to speed and or increasing focus or alignment for example. While all five are equally important not all five are delivered in the same way four are deployed to build individual and organizational capacity via resources with leaders and their teams in line business units and one is a bundle of work processes which supports the entire corporation. Said another way HR is organized around two platforms one of which is delivered by professionals working in the line business while the other is delivered in support of those working in line units by off-line resources. For .
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