Thursday, February 08, 2007

A ‘Jack of all trades’ is far superior to a mythical ‘Master of (n)one’...


IIPM MANAGEMENT INSTITUTE
This disdainful familial statement and similar ones have been quite generously reserved through the 90s and beyond the turn of the century – by our esteemed ‘core’ strategic analysts & consulting firms, most of them belonging to ‘The McKinsey Way’ of doing things – for those corporations that have not been able to conform the much-hyped strategy of sticking to ‘core competencies’ – a term coined by C. K. Prahalad and Gary Hamel almost 15 years ago, with a brobdignagian ostensible claim that the one and ‘strictly only’ way in which corporations could be dramatically successful for their stakeholders & shareholders was by sticking fanatically to core competencies & by rejecting all other ‘non-core’ business propositions, however profitable or value adding to the shareholders!

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

An
IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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