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date: 23 February 2019

Abstract and Keywords

This article aims to explain the concept of organizational competences and its central role in contemporary strategic thinking about how a firm creates competitive advantages, to clarify the strategic roles of resources, capabilities, and management processes in creating organizational competences and competitive advantages, and to explain the essential aspects of a competence framework for the strategic analysis of organizations. The emergence of the field of strategic management in the last decades of the twentieth century may be broadly divided into two major periods of development of foundational concepts and theory. Both periods of development have tried to contribute to answering the central concern of strategic management, which is understanding how a firm might achieve competitive advantage in its industry.

Keywords: internal competences, competitor competences, organizational competences, strategic thinking, competitive advantages, strategic analysis

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