Core Competence of Sharp Corporation Essay Example | Topics and Well Written Essays - 3000 words

Core Competence of Sharp Corporation - Essay Example From this paper it is clear that there were abundant literatures providing theoretical and empirical support justifying that competitive advantage is derived from imperfectly tradable, imperfectly substitutable and valuable assets. The idea of portfolio approach encouraging diversification into unrelated areas that flourished in 1960s and 1970s lost its fervor to RBV approach advocating diversification into related areas. RBV approach also was critical of multi divisonalisation of a large company that led to corporate fragmentation and short-termism undermining the development of core competencies and innovations. Core competency exploitation led to vertical integration in large companies to achieve competitive advantage. But of late vertical disintegration is being attempted in the globalization tendencies which offer wide opportunities to delegate to external suppliers with highly specialized expertise resulting in more pronounced core competency approach for the given company. As the paper highlights Hammel and Prahalad in their book â€Å"Competing for the future†assert that companies should look forward to the share of future opportunity share rather than current market share. They say that successful enterprises will reshape their industries rather than themselves by building upon their unique core competencies without building upon current product lines and that this will lead to creation of new competencies. They advocate new strategy which requires four approaches namelyunderstanding of the shape of future competition; process by which to gauge tomorrow’s opportunities; energizing the company from top-to-bottom to prepare for the future; and   overtaking the competitors and arrive at the future first without assuming undue risks.  

Critical Response of the Jordanian Government Published a Code of Essay

Critical Response of the Jordanian Government Published a Code of Conduct Regulating Relations between the Media and the Governm - Essay Example If the spirit of text is to be followed, it clearly makes a demarcation between media and the government so that the media is guaranteed with a freedom of expression as stipulated in the Constitution of Jordan. It even went into details as to prohibit government in providing â€Å"the provision of financial incentives or in-kind designed to influence the journalists or the media and work on the subject of any practice inconsistent with the laws and the Charter of the press approved by the JPA†. This meant that government and its agencies are prohibited to give bribes to media in any form or kind that will influence its function as a press agency out of fear of black mail or to pursue its own popularity by influencing media through incentives. The text also circumscribed the state’s power of the purse to ensure that it does not influence media by the leverage of its ad placement. To prevent this, it directs its â€Å"departments and institutions through a direct purchas e from the market† to ensure that it will not meddle with the media that would compromise its independence. Meaning, government and its agencies will buy its subscriptions from the market and not through the free subscription given by the media. The guideline also prohibits government institution from employing any entity from the media to prevent it from having a close relation with the press which might induce it to influence the press. It ensures the objectivity of the media by guaranteeing, through the guidelines, that the media as an institution is separate and apart from the government and thus independent. Again, if the spirit of these guidelines is to be strictly followed, it can be considered as revolutionary in terms of upholding press freedom in Jordan because government is distancing itself from the media to ensure its independence and objectivity that can be likened to the code of regulations that govern the press in non-Arab countries. The text might have been th e original draft of the National Agenda Committee which was a response of the government to prevent any similar uprising in Jordan that happened in its neighbouring countries. It is important to note that in March 7, 2011 hundreds of Jordanian journalists emboldened by the wave of Arab uprisings in Egypt and Tunisia demanded an end to government’s curtailment of media freedom in Jordan (al-Khalidi 2011). There is a big probability that the draft was just a political move of the government to quell a possible uprising in Jordan and did not necessarily mean it. The draft was obviously not final because a month after the publication of such guidelines, Daoud Kuttab, a prominent journalist from Al Arabiya was called by the National Agenda Committee headed by Marwan Muasher in April of 2011 to consult his opinion in the government’s initiative â€Å"to design a strategic media plan† (Kuttab a 2011). Series of meetings happened after the initial meeting where a sugges tion to adopt a media council and ending the mandatory membership in journalist association were adopted. â€Å"The new strategy also recommended revision of a dozen or so laws related to the media† (Kuttab a 2011). The progressive initiative to uphold media independence and freedom was however temporary as a draft of Press and Publications Law was also forced through the Cabinet in parallel to the strategic media plan. The draft of the Press and Publica