Over the past decade, new technologies and global crises have reshaped entire industries. The pace of change has accelerated with further and deeper impact. Mergers, restructuring, rightsizing, cost optimizing, new product launch and cross-border expansion require strategic capability to fundamentally transform the organization.
Strategic capability is concerned with competences and resources. In order to be successful, an organization must have access to appropriate resources. In fact, it must develop resources that are unique as a source for competitive advantage. Competences relate to the way we reconfigure our organizations and utilize our resources. Our core competences come from the way we manage, leverage and influence the use of our resources. Our capability building focuses on four types of resources namely, people, information, finance and technology. In order to excel, our research and past experience shows that PEOPLE is key to any capability building and successful transformation.
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