Wednesday, February 8, 2012

Core Competencies of the Organization

Before I will begin giving my thoughts about the core competency of the organization let me say this simple quote first “every great building is built with a strong column foundation”. The reason why our proudest building can stands tall because of its strong column foundation that supported it. All the beauty it brings is all because of it. So, the structure of the building I think we can associate this to a business. Business leaders should built their business with a strong foundation in business we called it as our core competency. Business leaders should view their organizations as a portfolio of competencies as well as a portfolio of products and services. It is this portfolio of competencies that provides the competitive edge needed to be successful in the future. Core competencies are what make your organization unique. They are the skills your organization possesses that set it apart from its peers. They are the sources of competitive advantage. They are the building blocks to future opportunities. Finding and using your core competency is a crucial in developing your organization. The rise and fall of a business depends on finding and using it in your own advantage. We know developing of core competencies takes time and needs a continuous development. A competence is a bundle of skills rather than a discrete skill. It is this integration of skills that that define a core competence. Because a core competency is the sum of learning across individual skill sets and organizational units it is unlikely to reside in a single individual or small team. Understanding and developing core competencies is necessary to enable the organization to exploit the opportunities they provide.

Before we can use our core competency to our advantage lets find first what our core competencies are. Based on some quick googling let’s define first how we can classify if it is our core competency in our organization. Some said it must pass these three tests to be considered core competencies.

1. The competency must make a significant contribution to customer perceived value or to the financial health of the organization.

2. The competency must be unique or performed in a way that is substantially superior to its peers.

3. The competency must be capable of being applied to a range of new products and services.

As an employee belonging in the Education Sector I can say that one of the most important competencies that an educator should have, aside from of course knowing first what are the skills needed by the student is his/her expertise and experience in the field of study he/she is handling. The actual experiences in the industry you learned over time cannot be experience until you try it. Because simply you cannot teach what you don’t have. Second competency I think your ability to transfer your knowledge to the student. The instructions and teaching materials you can provide depends on your skills. To measure the affectivity of our teaching is through the learning’s gained by our student. Measuring how good they performed will also reflect to us. Third is the ability of the management side to strongly support and implement new ideas regarding upgrading the student/school Services they provide.

Normally most of the employees in our organization are not aware what are their core competency possess and sometimes might be not utilize and use properly to their advantages. So, identify and use the core competency of your organization you are in and use it to grow and expand your business opportunities because knowing these are an excellent source of ideas for new services and products. The core competencies that are the foundation of your current products and services can provide the basis for a myriad of new ideas, some of which might have earned-income potential. They represent what you’re really good at, what your clients value, and what your competition would likely have trouble imitating.

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