Sunday, April 25, 2010

At The Core

"Mr Prahalad’s core competence lay in big ideas rather than in dotting the “i”s and crossing the “t”s. He taught the world’s biggest companies to think of themselves anew, as a “portfolio of competencies” rather than as a “portfolio of businesses”.
- The Economist: The Guru At The Bottom Of The Pyramid

Too bad that most companies that adopted the words couldn't figure out how to implement the concepts - and of those who thought they could, the tool of choice was the bludgeon rather than the scalpel.

2 comments:

Tabor said...

...Or they thought their competency was to screw the customer.

Cerulean Bill said...

I believe that they refer to that practice as "paying for the corporate jet".