Competence Based Business Development – Organizational Competencies as Basis for Successful Companies

Expanding on this theme, the next article “Competence Based Business Development – Organizational Competencies as Basis for Successful Companies” (CbBD) by Bernhard Schmiedinger, Klaus Valentin and Elisabeth Stephan, views the competencies of an organization as the most important starting point for organizational development. Based on a theoretically sound and industrial need led methodology, the possibility of an object oriented identification, measurement, evaluation, combination and reconfiguration of tangible and intangible resources within an organization is created. The methodology supports organizations in the competence based development and launching of new product and services and the improvement of internal procedures and structures. The paper presents the theoretical foundation of Profactor’s organizational competence model. Furthermore, it describes the state of art in competence management and gives, besides a short presentation of the management model as such, an insight into the possible fields of application of Competence based Business Development.