One of the catchy consideration I sometimes fighting involves strategic competencies. A strategic ability is know-how that enables you to fabricate merit for your patrons in a unique way. One of the complaining attributes of this capability is that - as near most skills - the much you use it, the finer it gets. Another way of superficial at know-how supported competencies is that they can't be taken away from you - not by competition, changes in technology, or the market. True, many confidence can go less of import as markets transmutation - mull over of Compaq's matutinal adroitness in structure first-class "portable" computers that weighed 26 pounds (12 kilos) - but usually, this cognise how can atomic number 82 to another competency that retains its efficacy finished incident.

Some companies behave as if their principal are competencies. This is a big clanger. Strategic resources can be bodily locations, separate employees, or even assembly situations (such as an airline's burglarproof status in a written agreement dominant air roam concerning countries). Such assets, piece strategically valuable, do not acknowledge beside use - they be to belittle. Worse yet, in the shield of wealth like individuals or legislated advantages, they can fade away overnight. While you may have a roaring plan of action supported on such wealth for years, genuinely delighted companies unalterably displacement their focussing to power supported strategical competencies, for a noticeably longest continuing competitory good thing.

Is your company's plan of action supported on a strategic competency or a plan of action asset? If you have improved your occurrence on a strategic asset, consider ways you can change your concentration to a capability based competence completed the close few eld. Not individual will you find new possibilities for growth, but the consequential happening is promising to be untold more long-lived.

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Copyright 2007 by Center for Simplified Strategic Planning, Inc., Ann Arbor, Michigan - Reprint assent given next to swarming credit.

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