winning_with_technology
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1) Build core competency in three areas<br />
Build core competency to build internal<br />
competencies requires a clear corporate vision and<br />
long-term strategies from corporate top management. Good<br />
corporate strategies come from the right balance between<br />
the resources and business objectives. There is no one<br />
right strategy for all companies because every company<br />
starts at a different point, operates in a different context<br />
and has a different kind of environment. The organization<br />
must figure out how to leverage those resources into the<br />
business strategies and create synergy between business<br />
units to capture the value of individual units’ achievements.<br />
Internally consistent corporate strategies must be tailored<br />
to fit the firm’s resources and opportunities.<br />
In the highly competition market, an organization<br />
must be able to offer innovative products of consistent<br />
quality at competitive prices. The company must build a<br />
strong market position in the industries it serves. Inside the<br />
organization, it must have a business culture that enhances<br />
the internal core values. In Innovation Group’s cultures, we<br />
58 Winning <strong>with</strong> Technology