Dynamics of Competence-Based Competition - Hardcover

 
9780080425856: Dynamics of Competence-Based Competition

Synopsis

Notions of 'competence' and of 'core competencies' are at the heart of much recent thinking in the field of strategic management. They have been developed in response to the need for concepts that can more accurately reflect the rapid evolution of business organizations and the dynamics of their competitive interactions. When applied to real-life situations, the 'competence' perspective has proved a powerful means of uncovering new insights into the nature of interfirm competition and potential sources of competitive advantage.
Dynamics of Competence-based Competition sets out to lay the foundations for a coherent theory to underpin this perspective in strategic management, and to illustrate the practical application to competence theory in a variety of competitive contexts. The chapters in the first part of the book develop the basic ideas which form the theory of competence-based competition, while the remaining chapters consist of firm and industry studies demonstrating the application of these ideas in practice.
In order to integrate the various contributions to the book, the text has been carefully edited to ensure a consistent, carefully defined, and straightforward vocabulary. It will therefore appeal both to researchers and students for whom theoretical rigor is important, and to practising executives, managers and consultants who will welcome its clear applicability to their own experience.

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Review

1997 Sanchez and his colleagues have edited an interesting contribution to the field of strategic management. They succeed in developing a unifying vocabulary and pursuing a number of specific themes which may prove to be useful in rethinking strategic management phenomena within the new competence-based competition paradigm. -- Paul Joyce, The Business School, University of North London, Strategic Change

1998 This book...explores the many dimensions of the upcoming competence-based perspective on strategic management and competition....The editors of this volume...have been quite successful in pursuing coherence not only in terms of theoretical perspective, but also in terms of terminology used and issues covered. In the introduction they present a vocabulary of competence and associated concepts (i.e. asset, capability, management processes, strategic logic, strategic group) that is applied – more or less – throughout the book...The editors have moreover grouped the 15 papers – most of which of high quality – into five parts that cover complementary issues within the overall theme of the book: "Elements of a Theory of Competence–Based Competition", The Market Test for Competence "Identifying and Building New Competences "Leveraging Existing Competences", and "Competence Building as the Driver of Industry Dynamics"....Despite some redundancies across chapters, I shall warmly recommend the book. It represents an important step in moving the competence-based perspective into a more mature phase by directly attempting to clarify its conceptual and theoretical foundation, dynamic features and prospects for practical use by management. -- Jens Frøslev Christensen, European Management Journal

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