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core competencies on daimler chrysler
Essay specific features
Written by:
Carolyn S
Date added:
May 11, 2014
Level:
University
Grade:
A
No of pages / words:
12 / 3169
Was viewed:
7344 times
Rating of current essay:
Essay content:
That is why as we progress into the 21st century core competencies of a company is what is going to keep the company competitive and ahead of the rest, and on the brink of technological breakthroughs in their specified area. In this new-economy world, where companies compete on the basis of core competencies and relationships, human resources (meaning a skilled and knowledgeable workforce) will emerge as a key source of competitive advantage...
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In this new-economy world, where companies compete on the basis of core competencies and relationships, human resources (meaning a skilled and knowledgeable workforce) will emerge as a key source of competitive advantage. Core competencies, by definition, are "knowledge sets and technical skill sets," (Vicere, 2001) which is "the collective learning of the company as a whole" (Prahalad & Hamel, 1990)...
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