Critical review of Prahalad, C. K. and Hamel, G. (1990) The Core Essay

Critical review of Prahalad, C. K. and Hamel, G. (1990) The Core competence of the Corporation in Harvard Business Review, May-June - Essay ExampleThey have dwelt on the role of affection competence in the consolidation of business and their discussion of the topic has been on a very high aim of consolidating the deeper roots of the tree that a corporation can be compared. If roots are strong, competitive return is always in reach (Ward & Rivani 2005).As there are different schools of strategic thought and lead like the Great Man theory of leadership (Bodega 2004)), Prahalad and Hamel (2005) have analysed the leadership issue in spot through the means of consolidating the core competencies to lead not only through SBUs but overall substitution of competencies internally to avail all possible benefits from it. The article) provides knowledge of the strategic positioning of business from a heightened programme and perspective of how corporations should manage their business fu nctions through core competency (Ward & Rivani 2005).The larger perspective of any constancy requires P5F MODEL employing suitable tools like SWOT and PEST, then comes the time to strategise. Out of the choicest divisions of schools of thoughts on strategy building, the approximately comprehensive strategy has been presented by Whittington based on four approaches being Deterministic or Emergent, atomic number 53 goal or Pluralistic, Strategy style and Influences. Examining the work of Prahalad and Hamel (2005), from Whittingtons model one can slowly categorise it to the period of 1990s influencing the global economics with embedded strategy style, both single or plural and deterministic as well as emergent. What Prahalad and Hamel have said can be both compared and contrasted with what Whittingtons (2005) four approaches on strategy development are. The article stresses on both core competencies and core products in collaboration with alliance partners. Contrast seems to be in the deeper understanding