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This volume deals with the beginning of a new era in the theory of strategic management. New concepts and techniques are developed and the fundamentals of the content and the process of strategic management are questioned in depth. Using a resource-based perspective, the concept of core competence allows a proactive construction of competence, perceives competence as spanning multiple businesses, and observes competition as being over the acquisition and development of competence. Contributions to the book consider the competition between strategic issues. Is strategic management about reacting, anticipating or orchestrating all resources towards the realization of the desirable future of the company? Within this field of paradigms the concept of 'core competence' is gaining more and more importance in the area of strategic management. This book aims to show that it is necessary to have a sound theory of strategic management which has pragmatic relevance, face validity for the business community and close links to the daily practice of strategic management. Competence-based Competition will be of enormous benefit to undergraduates and graduates on management courses.
This volume inaugurates a new era in strategic management theory by developing novel concepts and techniques that fundamentally question existing paradigms. Gary Hamel and contributors explore the proactive construction and multi-business application of 'core competence,' viewing competition not just as market maneuvering but as a contest over the acquisition and development of these competencies. The book probes whether strategic management should focus on reaction, anticipation, or the orchestration of all resources toward a company's desired future, emphasizing the need for pragmatic, relevant, and practically applicable theories.
The book is positioned as a foundational text for a new era in strategic management, aiming to provide pragmatic relevance and practical application for business professionals and students. Its focus on core competence as a central competitive advantage suggests it offers a forward-looking perspective on business strategy. The contributions are intended to challenge existing paradigms and encourage a more proactive approach to resource orchestration.
Page Count:
328
Publication Date:
1994-01-01
ISBN-10:
0471943975
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