Free Trial

Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.

  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 2. Waves of Learning, Waves of B... > Rise of the Competency-Based Enterpr...

Rise of the Competency-Based Enterprise

Why should you care about the history of competency-based enterprises? Why not just summarize the findings of some business professor who has studied the issue? Isn't it enough to understand what they are and how they work? These are fair questions, and they have much merit. Business school professors have studied this topic extensively, particularly during the 1980s and 1990s, and consultants working with clients to change the fundamentals of firms in the 1990s added continuously to the body of knowledge. But our concern cannot be limited just to an argument that organizations need to compete on competencies. We already know that. Competencies evolve and we sometimes remember and sometimes forget their importance. Furthermore, the issue of competencies remains confused, so sorting out some of what is important remains a crucial task. That exercise can be helped with a dose of historical perspective.

All successful organizations are competent at something, otherwise they would not continue to survive. This is especially the case with businesses. As government deregulation of businesses and deconstruction of monopolies continues to spread around the world in our age of increasing free trade, this observation becomes even more relevant. Competing well calls for competencies leveraged properly. In the Information Age economy, managers are increasingly viewing competencies as the basis of value propositions. A competency may involve the credit card business (e.g., what American Express does well), manufacture and sale of automobiles (e.g., what Volvo does), or operation of commercial aircraft (e.g., the role of British Airways).


  

You are currently reading a PREVIEW of this book.

                                                                                                                    

Get instant access to over $1 million worth of books and videos.

  

Start a Free Trial


  
  • Safari Books Online
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint