Competence can be a double edged knife. Being good at something can lead to improved performance but it can also create a competency trap. This happens when organizations become so focused at what they are good at that it creates a comfort zone. While this enhances their reliability of functioning but undermines their ability to adapt. How do organisations get into the competency trap and are there competencies that organizations should acquire to avoid the competency trap? We investigate these questions and much more in this episode of Resource Centre.

<p>Competence can be a double edged knife. Being good at something can lead to improved performance but it can also create a competency trap. This happens when organizations become so focused at what they are good at that it creates a comfort zone. While this enhances their reliability of functioning but undermines their ability to adapt. How do organisations get into the competency trap and are there competencies that organizations should acquire to avoid the competency trap? We investigate these questions and much more in this episode of Resource Centre.</p>

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

The essential toolkit for business, all in one place: from learning what to do and what not to do to the intricacies of keeping it all humming together nicely. Freda Liu, Jeff Sandhu, Audrey Raj, Richard Bradbury, Arvindh Yuvaraj and Christine Wong meld management with tech to keep you ahead of the trends that might vault productivity to another level.

Advertisement