Is Core Competence Too Hazy a Concept to Enable Clear Insights to be Gained into the Process Whereby Firms Establish Competitive Advantage?

Is Core Competence Too Hazy a Concept to Enable Clear Insights to be Gained into the Process Whereby Firms Establish Competitive Advantage?

Provide a clear account of Gary Hamel and C.K Prahalad’s system as set out by them (a brutal summary: core competences à core products, et.c). State what P+H suggest about what core competencies are. Expand on their use of Honda as an example.
Also include Eriksen and Mikkelsen’s critique of Prahalad +Hamel.
Why is there obscurity behind the theory of core competence?

Essential reading

The Core Competence of the Corporation C.K. Prahalad and Gary Hamel. Harvard Business Review

Gary Hamel and C.K Prahalad, ‘The Core Competence of the Corporation’ in Zack, Michael H. Knowledge And Strategy. Boston, MA: Butterworth-Heinemann, 2009. Print.
Eriksen, B., J. Mikkelsen (1996), Competitive Advantage and the Concept of Core Competence: in Foss, N. J., Knudsen C. (eds.), Towards a Competence Theory of the Firm, London.

Additional reading
Towards a Competence Theory of the Firm By Nicolai J. Foss, Christian Knudsen

https://hbr.org/1990/05/the-core-competence-of-the-corporation

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