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Developing competencies that drive business performance
Author(s) -
Can Fred
Publication year - 1995
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.4240040303
Subject(s) - argument (complex analysis) , multinational corporation , process management , business , competitive advantage , strategic management , point (geometry) , management development , knowledge management , computer science , marketing , management , economics , biochemistry , chemistry , geometry , mathematics , finance
The need to strengthen the link between business strategy and management development becomes critical in achieving strategic change. The article shows how to replace managers' ‘learning by accident’ with ‘learning by experience’. An argument is given for a strategic approach to competencies. Against this background the author provides an explicit case history of how one multinational turned management development into a source of competitive advantage. The focal point of the approach is business‐driven management development.