Dynamics of core competencies in leading multinational companies

Article Abstract:

This article examines the core competencies of twelve leading multinational companies. It explores their competencies, how they were developed, and how they are shifting over time. Successful companies rely on three types of competencies: superior technological know-how, reliable processes, and close external relationships. Different approaches are needed to develop each types of competency. WHile these firms have historically relied on technological know-how and reliable processes, they are planning more close external relationships for the future. External relationships help these firms strengthen and extend their traditional competencies while responding to the demands of globalization, mass customization, enhanced quality and rapid technological change. (Reprinted by permission of the publisher.)

Management, International business enterprises, Multinational corporations, Technology, Strategic alliances (Business)

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Perceived uncertainty and performance: the causal direction

Article Abstract:

A study of the causal direction of managerial practice suggests that organizational performance affects the level of uncertainty perceived in the environment rather than perceived uncertainty affecting performance. The crucial factor is the knowledge of performance because evidence indicates that the level of performance produces less uncertainty among good performers compared to poor performers. Unknown levels of performance, on the other hand, result in both good and bad performers perceiving the same level of uncertainty.

Research, Performance, Influence, Environmental aspects, Organizational behavior, Uncertainty

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Medical errors and quality of care: From control to commitment

Article Abstract:

Two management philosophies u control-based management and commitment-based management of human resources are analyzed with reference to increasing medical errors and declining quality of care in healthcare industry.

Forecasts, trends, outlooks, California, Services information, Personnel administration, HEALTH SERVICES, Business Personnel Management, Methods, Human resource management, Services, Forecasts and trends, Health care industry, Medical care, Medical care quality, Market trend/market analysis, Company personnel management, Medical errors

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