Building Dynamic Capabilities and Core Competencies

Building dynamic capabilities and core competencies

A) is best and most cost-effectively accomplished by forming alliances with outsiders.
B) generally requires recalibration of existing ones and adding new capabilities and competencies when necessary.
C) entails developing more breadth and depth in a company's knowledge base and stock of intellectual capital than rivals have.
D) can be done quickest by creating a new department and assigning it the task of imitating the desired capabilities that one or more rivals (or even companies outside the industry) have already developed.
E) entails hiring a cadre of people with the right talent and expertise and letting them lead the effort to establish a strong corporate culture that features the desired competence or capability.