Strategy Management

STRATEGIC MANAGEMENT ZARA CORE COMPETENCIES CONTENTS 1) Executive Summary ---------------------------------------------------------------- Pg 3 2) Introduction ---------------------------------------------------------------------------- Pg 4 3) ZARA background knowledge ------------------------------------------------------------------- Pg 6 4) ZARA effect competencies ---------------------------------------------------------- Pg 7 5) Analysis Core competencies ---------------------------------------------------- Pg 11 6) ZARA - Competitive prefer --------------------------------------------------- Pg 12 7) Conclusion ------------------------------------------------------------------------------ Pg 13 8) Bibliography ---------------------------------------------------------------------------- Pg 14 EXECUTIVE SUMMARY Hamel and Prahalad described any business nerve as large tree. The stalk and main limbs are burden products, the smaller branches are business units, the leaves, flowers, and the fruits are end products.

The pedestal system that provides nourishment, sustenance and stability is the core competence. Apart from rapprochement streams of technology, organization of work and the delivery of value, core competencies are the communication, involvement, and tardily commitment to working across organizational boundaries. They do not get weak with continuous use but amend as they are applied. Core competencies need to be nurtured and sheltered. In the core competencies different businesses become consistent. This report starts with the introduction of core competencies and how it is described by few of economists. But ultimate conduct of having core competencies is to gain the competitive advantage. ZARA - one of the most prosperous retail clothing chain - has taken lead in its business due to its core competencies. After introducing to the background of ZARA the... If you need to get a full essay, order it on our website: Ordercustompaper.com

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