How can core competencies be leveraged more effectively?

Question

Quizplus · Accepted Answer

Encouraging exchange of resources across strategic business unit boundaries can help in leveraging core competencies more effectively. This allows different business units to benefit from expertise and knowledge that exist within other units, leading to comprehensive and insightful decision-making processes. It also reduces duplication of efforts, decreases costs, and helps improve communication and collaboration across various units. Binding managers too closely to their respective business units, utilizing the same resources for all types of projects, and viewing individuals as being employed by a particular strategic business unit can limit the organization's ability to leverage its core competencies effectively.

How Can Core Competencies Be Leveraged More Effectively