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competence

A cluster of related abilities, commitments, knowledge, and skills that enable a person (or an organization) to act effectively in a job or situation.

Competence indicates sufficiency of knowledge and skills that enable someone to act in a wide variety of situations. Because each level of responsibility ... more

Corporate Entrepreneurship and its Importance in Large Companies

Though its definition is somewhat contentious, the concept of corporate entrepreneurship is generally believed to refer to the development of new ideas and opportunities within large or established businesses, directly leading to the improvement of organizational profitability and an enhancement of competitive position or the strategic renewal of an existing business. Within that system, the notion of innovation is at...
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See Things From Their Point of View

by Tom Murcko

Allocentrism is the practice of trying to see things from others' points of view. This is very useful in business just as it is in life. There are many possible uses: negotiation, persuasion, teamwork, sales, marketing, and just about every other aspect of business. ...Read more

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