Which of the following statements about developing organizational competencies and capabilities is FALSE?
A) Core competencies or capabilities are most often bundles of skills and know-how that grow out of the combined efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain.
B) Evolving changes in customer needs and competitive conditions often require tweaking and adjusting a company's portfolio of competencies and intellectual capital to keep its capabilities freshly honed and on the cutting edge.
C) Normally, core competencies and competitive capabilities emerge incrementally as a company (1) acts to bolster skills that contributed to earlier successes, or (2) acts to respond to customer problems, new technological or market opportunities, and the competitive maneuvers of rivals.
D) Building organizational capabilities is best and most cost-effectively accomplished by hiring a cadre of people with the right talent and expertise, putting them together in a single work group, and then teaming the work group with key strategic allies/partners to mesh the skills, expertise, and competencies needed to perform the desired capabilities with some proficiency.
E) The key to leveraging a core competence into a distinctive competence (or transforming a capability into a competitively superior capability) is concentrating more effort

Question

Quizplus · Accepted Answer

Building organizational capabilities is not necessarily best and most cost-effectively accomplished solely through hiring new employees. Developing competencies and capabilities often involves training and developing existing employees as well as forming strategic alliances or partnerships with other companies.

Which of the Following Statements About Developing Organizational Competencies and Capabilities