(History Central, 2004). Sony Corporation is considered one of the world’s most successful companies, operating in the “electronics, games, music, films and financial services” industry (Hanson et al, 2001). Perhaps the most critical element of the successful low-fare airline business model is achieving significantly higher labor productivity. Premium Southwest rationalizes that skills can be taught, but a positive attitude and willingness to pitch in cannot. September 12, 2014 All employees are covered by a profit-sharing plan, and at least 25% of an employee’s share of the profit-sharing plan has to be invested in Southwest Airlines stock. We believe we have not just an opportunity but a responsibility to engage our team members and maximize the resources of a global airline to make a difference for those who need it most. This gives rise to a simple formula: the harder the employees work, the more profitable Southwest becomes, and the richer the employees get. Mr. Gary Park Moreover, because it avoids many hubs, Southwest has experienced fewer delays. Identify the resources, capabilities, and distinctive core competencies of Southwest Airlines. Identify the resources, capabilities, and distinctive core competencies of Southwest Airlines. Core competencies the core competence for american. : 03 Members: 1. This reduces training costs, maintenance costs, and inventory costs while increasing efficiency in crew and flight scheduling. Core Competencies. 3. In the human resources field, actual knowledge of human resources processes is the only discipline-specific competency. Our efforts are focused in these 3 areas: Here are their core values that have made them so successful: 2. Based on experience, knowledge, and know-how, they are built up over time and cannot be easily imitated. 4  Pages. According to figures from company 10-K statements, in 2008 Southwest had an employee-to-passenger ratio of 1 to 2,400, the best in the industry. The business should use its core competencies in every facet of its operations, from advertising to growth strategies, to sponsorship, to its reputation. Core competency in supplier’s line of business Second Tier Program The second tier initiative augments our Supplier Diversity program and increases our ability to include MWBE’s in our supply chains by requiring Delta’s primary contractors to utilize and report their spending with diverse suppliers. Sony is known for creating “products that stimulate the senses and refresh the spirit” (Sony, 2007). Honesty: always tell the truth. For example, an individual who becomes certified as a Microsoft Certified Software Engineer (MCSE) is said to have a, StudyMode - Premium and Free Essays, Term Papers & Book Notes. Southwest also creates incentives for its employees to work hard. Authentic relationships form when stepping out of the corporate comfort zone with real-time engagement. (10 marks) 5. Premium A value chain … Employee loyalty: Employee loyalty is outstanding, where Delta can bank upon the employees in any tough situations. Focusing on a company’s core competencies establishes a unique integrated system that competitors cannot replicate. Building the greatest airline in the world requires a strong commitment to our customers, shareholders, business partners, and, of course, each other. Assignment requirement: 1. These three competencies are important to any organization. (12 marks) 3. June 30, 2014 In 1929, Boeing Airplane Company and Pratt & Whitney joined forces to form United Aircraft and Transportation Corporation. 7  Pages. At Southwest, pilots and flight attendants had been known to help the aircraft and check in passengers at the gate. Jaree L Campbell STR/581 Companies with specific strengths in the marketplace, such as data storage or the development of accounting applications, can be said to have a core competency in that area. Campbell 2 American Airlines Research Proposal Qatar airways, Singapore airlines, air India, jet airways, and gulf air as its competitors. It believes that competitive fares and quality air travel need not be mutually exclusive. How does this differ from the business model used at many other airlines, such as United and American Airlines? The first is its stylish and innovative flying experience at a low cost. Competencies are basic qualifications necessary to achieve human resources goals. At the bottom of the hierarchy are resources. Assignment requirement: 1. The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages. Ref: Article Core Competence by C.K. Core Competencies Premium How would you characterize the business model of Southwest Airlines? Based on experience, knowledge, and know-how, they are built up … South University Online 1.1 Statement Of The Problem Biman Bangladesh being a relatively new airline from a third world developing country, with very limited resources and a limited number of aircrafts, inadequate infrastructure, and limited access to advance . The technical personnel … Southwest operates somewhat differently from many of its competitors. Core Competencies That commitment is founded on a value system we all share, one based on integrity, honesty, and the absolute dedication that every decision we make is a responsible and ethical one. C.K. By comparison, the ratio at United Airlines was 1 to 1,175 and, at Continental, it was 1 to 1,125. Keywords: Airline business models, Business model flexibility, Airline core competence Introduction Few concepts in business today are as widely discussed and as seldom systematically studied as business models, with very few large-scale systematic empirical studies. Since Virgin Travel is such a young airline business, its fleet of Boeing and Airbus jets is … Acting with integrity, treating others with respect, and ensuring every decision is a responsible and ethical one.” These are the guiding principles of the company together with its mission and vision statements. For this reason, products and technologies are seldom core competencies. No one has time to read them all, but it’s important to go over them at least briefly. 2. Human Resources as a Core Competence Most of the technical work is outsourced to different providers to cut down on overhead. Strategic Resources Core Competencies Of The American Airlines Core Competencies Core competencies are the essential capabilities that create a firm’s sustainable competitive advantage. They are able to charge low fares because they fly only point-to-point, high traffic routes which they expect to be profitable. In the first 8 months of 2008, Southwest planes arrived on schedule 80% of the time, compared to 76% at United and 74% at Continental. The Core competency in effective remodeling One of the significant facts in the transformation into a new European low-cost airline would be the unique no-frills specialization that Ryanair extended from Southwest. The operation is nearly ticketless, with no seat assignments, which reduces cost and back-office accounting functions. Premium (12 marks) 3. Nilesh Bhusal For example in 1982 when Delta was into loss view the full answer. Figure 1 is a good starting point. How does this differ from the business model used at many other airlines, such as United and American Airlines? Ameet Shinde 2. Our brands are the most valuable things we own. Management, Human resource management, Competence 533  Words |