1999
DOI: 10.1108/01409179910781779
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Achilles revisited: the impact of incompetencies on firm performance

Abstract: Considers the impact on a firm’s performance if weaknesses are not addressed. Uses SWOT analysis to show how a firm often concentrate on developing its strengths and opportunities, avoiding the weaknesses. Reports the findings of a survey covering 156 US Chief Executives suggesting that if firms minimised their weaknesses it makes it harder for others to differentiate themselves to gain competitive advantage. Concludes that whilst it is difficult to compare performance, any avoidance of tackling a weakness pro… Show more

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Cited by 6 publications
(7 citation statements)
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“…Drago and Folker (1999) criticize SWOT for different reasons. Their concern is that SWOT and similar planning tools place too much emphasis on exploiting strengths and developing competencies at the detriment of examining the link between incompetency and performance.…”
Section: Discussionmentioning
confidence: 99%
“…Drago and Folker (1999) criticize SWOT for different reasons. Their concern is that SWOT and similar planning tools place too much emphasis on exploiting strengths and developing competencies at the detriment of examining the link between incompetency and performance.…”
Section: Discussionmentioning
confidence: 99%
“…Competency models consider the development of competence not in terms of any set programme of learning: the issue is not whether the employee is trained but whether the employee can do what is required by the role, function, job, or profession. (Garavan & McGuire, 2001, p. 158) Competency models have been used to improve individuals' work performance (Blancero, Boroski, & Dyer, 1996;Brophy & Kiely, 2002;Drago & Folker, 1999), address training and development needs (Denton, 1995;Hayes, Rose-Quirie, & Allinson, 2000;Rausch, Sherman, & Washbush, 2002), plan staffing needs (Nordhaug, 1998), align human resource processes with the organizational business strategy (Hefferman & Flood, 2000), achieve competitive advantage (Barney, 1991;Lado & Wilson, 1994;Sandberg, 2000), and for career counseling (Anonymous, 2008).…”
Section: Using Competency Modelsmentioning
confidence: 99%
“…Drago and Folker (1999) criticise SWOT for different reasons. Their concern is that SWOT and similar planning tools place too much emphasis on exploiting strengths and developing competencies at the detriment of examining the link between incompetencies and performance.…”
Section: The Deficiencies Of Swotmentioning
confidence: 99%
“…Johnson and Scholes (2002) state that it summarises the key issues from the business environment and the strategic capability of an organisation that are most likely to impact on strategy development. Therefore, SWOT is concerned with identifying organisational internal strengths to take advantage of external opportunities and avoid threats, while addressing its weaknesses (Drago and Folker, 1999).…”
Section: Introductionmentioning
confidence: 99%