Friday, December 8, 2006

Selling soap and all that ...

I met a few people today, quite senior to me in terms of years. One of them mentioned the funda of core-competence and went on on it for quite some time.

His take was that a person starting his own business should do so in the field that is his core-competence. Thats where he can do best, knows all the pit-falls and so on. I've been thinking about it and somehow what I see going on around me makes me wonder.

Lots of questions really. Do you really need to focus on doing something you are good at? If you are good at something will you also get an idea that you would want to give a shot in that field? If you get an idea that you think works in a field which is not your core competence, should you let it pass or should you go and give it a shot? What exactly is a person's core-competence early in his career? Is an intelligent person good at everything he puts his mind to? Or rather than intelligent, a person with the right attitude. Will he be good at one thing or will he in general be good at whatever he takes up?

I think the core question then resolves to the very definition of core competence. Do you define it as industry knowledge, or more fundamentally as a set of traits which are conducive to broad career groups.

Reading through what I've typed, I get the feeling that if converted to a visual this post would be like a deformed amoeba ... in one word "confused". Anyway, cutting through all of that, let me put down what I believe in.

I believe that if a person sets his heart to do any one thing single mindedly, he will do well whether he has any experience in that particular field or not. What is important is his conviction in what he is doing and his drive to fight for it.

- amen

3 comments:

Abhishek Rege said...

often conviction will come quicker and stronger out of core-competence than peripheral ideas.

vikashmantri said...

Conviction is good... but at the end of everything core competence counts. Atheletes can be good in sports at best but not science...

Samuel Johnson’s horse: “A horse that can count to ten is a remarkable horse - not a remarkable mathematician.” Likewise, a textile company that allocates capital brilliantly within its industry is a remarkable textile company - but not a remarkable business.

So do not try to excel at something you have not been engineered for....all i can is it might be a bit difficult.

Passing thought: Jonty rhodes..crippled with disease became teh best fielder.... Not consisitent with above thought.

Kashy said...

hmmm .. yes, i agree that conviction is easier to have when u know the land on which you stand.