... if a business company didn’t have enough capital, it could borrow from any resources. And if a place is not strategic, the company could move to another place. However, if a company has no leadership, the hope to survive is very thin. – (Bennis and Nanus -1985)
The success of Hewlett-Packard raises the commitment of their workers toward the organization, the success of Wal-Mart , the success of Delta Airlines , one of the companies that successfully overcame the obstacles of strict rules in the airline industries, the success of McDonalds, IBM (International Business Machines) , General Motors , Standard Oil , Helena, Rubenstein , Ford Motors , Dupont , Mary Kay Ash Cosmetics and Tendem is all because of their leadership (Peter & Waterman, 1992).
The most successful organizations manage their human capital and talent as strategic assets. This is achieved by aligning the workforce with business objectives and by using measurement to drive decisions, monitor performance and improve results.
In the business world today, a growing number of experts argue that the key to a firm’s success is based on establishing a set of core competencies. Core competencies are the integrated knowledge sets within an organisation that distinguishes it from its competitors and delivers value to its customers