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SMMCG4[LN-6] Intellectual Capital, Core Competencies, Complementary Assets…
SMMCG4[LN-6] Intellectual Capital, Core Competencies, Complementary Assets, and Dynamic Capabilities
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:two:Core Competence
Core Competence (Root)
Basic capabilities (such as technology, process, culture)
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Example
🏍 Honda
Core Competence 🔐
Advanced engine design and manufacturing (high performance, fuel efficiency)
Core Product 🔄
Engine modules, powertrain systems
End Products 🛍️
Cars, motorcycles, generators, lawn mowers, outboard motors
📷 Canon
Core Competence 🔐
Precision optics, image processing, sensor technology
Core Product 🔄
Lens systems, image modules, imaging sensors
End Products 🛍️
Cameras, printers, medical imaging devices, surveillance systems
3M
End Products 🛍️
N95 masks, Post-it notes, road reflectors, medical supplies, electronic films
Core Product 🔄
Adhesive formulas, films, filtration materials
Core Competence 🔐
Materials science, adhesive technologies, culture of innovation
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:six:Strategic Fit
🏢 Internal Factors
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Resources
Tangible: equipment, capital
Intangible: brand, patents
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🌍 External Environment
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Macro Environment (PESTEL)
Political, Economic, Social, Technological, Environmental, Legal
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a holistic method to rethink, redesign, and reinvigorate the entire manufacturing process
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