Dynamics of competence-based competition

de Ron Sanchez, Aimé Heene, Thomas, Howard

Notions of 'competence' and of 'core competencies' are at the heart of much recent thinking in the field of strategic management. They have been developed in response to the need for concepts that can more accurately reflect the rapid evolution of business organizations and the dynamics of their competitive interactions. When applied to real-life situations, the 'competence' perspective has proved a powerful means of uncovering new insights into the nature of interfirm competition and potential sources of competitive advantage. Dynamics of Competence-based Competition sets out to lay the foundations for a coherent theory to underpin this perspective in strategic management, and to illustrate the practical application to competence theory in a variety of competitive contexts. The chapters in the first part of the book develop the basic ideas which form the theory of competence-based competition, while the remaining chapters consist of firm and industry studies demonstrating the application of these ideas in practice. In order to integrate the various contributions to the book, the text has been carefully edited to ensure a consistent, carefully defined, and straightforward vocabulary. It will therefore appeal both to researchers and students for whom theoretical rigor is important, and to practising executives, managers and consultants who will welcome its clear applicability to their own experience.