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Legal competencies with capabilities to analyze
A firms resources identifies its capabilities. Resources are the productive assets owned by the firm and capabilities speak to what the firm can do with those resources. Why the firm needs them? Without resources the the firms capabilities are limited.
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Using consequence analysis tools; provide a discussion on the likely impact of IT/IS on the local government. This section should focus attention on the internal resources/ competencies and capabilities of the local government; for example, what are they doing that is either helping or hindering them in the use of IT/IS?
characteristics and unique capabilities of ict resources
characteristic and unique capabilities of print resources
Views a corporation in terms of resources and capabilities that can be used to build business unit value as well as generate synergies across business units Generates corporate strategy by focusing on the core competencies of the parent corporation and the value created from the relationship between the parent and its businesses
Resources are valuable for a firm because those are needed in order for production to occur. Competencies are necessary because a firm needs to be knowledgeable and competent in their business practices.
Five driving forces behind competency-based development There are many reasons why competencies have become so popular. We've identified five driving forces that support the interest in using competencies for talent development: u Competencies allow HR to be more strategic about matching individuals and jobs u HR can use competencies to link core organizational capabilities to individual employee skills u As the requirements for success change, HR is in a better position to clearly communicate expectations u Competencies support an integrated talent management system u Developmental feedback on competencies using 360° multi-rater tools is becoming increasingly popular
The assessment of a firm's internal capabilities involves evaluating its performance across various functional areas such as marketing, operations, finance, and human resources. This appraisal helps identify strengths and weaknesses, enabling the firm to leverage its core competencies while addressing gaps. By analyzing these functions, firms can align strategies with their capabilities, optimize resource allocation, and improve overall efficiency and effectiveness in achieving business objectives.