How did nike build its core competency

Assignment Help Operation Management
Reference no: EM131677606

Please respond to ONE of the following: Nike's Core Competency: The Risky Business of Fairy Tales

• The MiniCase indicates that Nike's core competency is to create heroes. How did Nike build its core competency? Does it obey the VRIO attributes (valuable, rare, inimitable, and organized to capture value based on the resource-based view of the firm)? Person-based and Value-based Behaviors

• Traditional organizational competencies consisted of Job-based and Future-based approaches that focused on static or hierarchal driven behaviors defined primarily by "what needs to get done." (Cardy & Selevarajan, 2009, p. 240). However, Jack Welch favors a strategically dynamic, vigorous, proactive, and flat organizational structure because of its ability to dictate market behavior.

• How the Person-based and Value-based behaviors do explain in Cardy &Selvarajan support Jack's principles? Using an organization with which you familiar, identify which of these approaches the organization uses and how this impacts the effectiveness of the organization's core competences. If the organization doesn't use them, how might using Person-based and Value-based approaches impact the effectiveness of its core competencies?

Reference no: EM131677606

Questions Cloud

What are the basic steps in domestic capital budgeting : Capital Budgeting Theoretical Framework. Capital budgeting for a foreign project uses the same theoretical framework as domestic capital budgeting.
Why cultivating power is the secret to success : One way to be valuable would be to have knowledge in a specific area or by having a skill or information on something specific.
Alternative methods for conducting marketing research : Please help me explain Compare and contrast the Five-Step Process with two alternative methods for conducting marketing research.
Discuss case study of project versus parent valuation : Which viewpoint, project or parent, gives results closer to the traditional meaning of net present value in capital budgeting?
How did nike build its core competency : The MiniCase indicates that Nike's core competency is to create heroes. How did Nike build its core competency?
What would your position be on campaign contributions : How do you feel about the relationship between politics, power and money? Do some industries have too much power because of campaign contributions
Explain the main entities or objects of business function : Explain the main entities or objects of the business function / operation. Specify the attribute that would be the primary key for each entity.
Describe the changing american landscape : When the first European settlers set foot on North American soil, the satellite photos would not show the landscapes as they are today
Discuss the operating cash flows and financial cash flows : Which Cash Flows? Capital projects provide both operating cash flows and financial cash flows. Why are operating cash flows preferred for domestic capital.

Reviews

Write a Review

Operation Management Questions & Answers

  What are the advantages of electronic commerce

Why the location of contract is an important matter when making electronic transactions? What is the difference between electronic signature and traditional signature? What are the advantages of Electronic commerce?

  Define the collective behavior

Define “collective behavior”. In what ways can mob mentality be dangerous?

  Price of machine parts affect gina own production decisions

Gina Picaretto is production manager at the Rich Manufacturing Company. Each year her unit buys up to 100,000 machine parts from Bhagat Incorporated. The contract specifies that Rich will pay Bhagat its production costs plus a $5 markup (cost- plus p..

  Examples of any individual decision making perspectives

Did you hear examples of any Individual Decision Making perspectives of Individual Decision Making Biases? What role does ego play in a company and how do you deal with it? Ego always plays into everything but it has to put aside for the better of th..

  Advertising campaign for the consumer products group

Anne, Ernie, and Ken have been working on a new advertising campaign for the consumer products group at Jack's Bean Co. for about a year. They have just completed the campaign, and each has now been assigned to separate projects throughout the compan..

  Wondering about the viability of implementing social media

Many companies are wondering about the viability of implementing social media in the work place.

  Labor relations goals of management-labor unions and society

The opening vignette in Chapter 14 of your text described the negotiation of a three-year labor contract of the Kansas City, Missouri, firefighter’s union Local 42 of the International Association of Fire Fighters. Identify the overlapping interests ..

  Explanation in terms of ethics and social responsibility

Managers at some banks and motgage companies have argued that providing subprime mortgages was based on their desire to give poor people a chance to participate in the American dream of home ownership. What is your opinion of this explanation in term..

  Briefly define four levels of evaluation

Briefly define Kirkpatrick's Four Levels of Evaluation. Then, discuss which particular level you would use in your Portfolio Project assignment to measure training, and why that level offers a better strategy than utilizing any other level. Offer fee..

  Explain service planning difficulty

Explain service planning difficulty, and the advantages and disadvantages.

  Difference between warranty disclaimer and remedy limitation

What is the difference between a warranty disclaimer and a remedy limitation? Sellers often include this language: “Sold as is.” What does that mean, legally? When is such exclusion unconscionable? Does that mean that if a consumer is injured, the co..

  Annual cost of goods sold divided by average inventory

Inventory turns are calculated by Annual Cost of Goods Sold divided by Average Inventory. An online bookseller currently has an average of $10,000,000 in inventory and a turn of 13. It believes if it can do print on demand, it can reduce its inventor..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd