Industry Clockspeed and Competency Chain Design: An Introductory Essay
Author(s)Fine, Charles H.
This paper introduces the notion of industry clockspeed to classify industries by an aspect of their dynamic characteristics. The clockspeed framework suggests a dynamic theory of the firm where the "inner core" competency of an organization is the ability to continually design and assemble of chains of competencies to deliver value to the marketplace.
Appeared in proceedings of the 1996 Manufacturing and Service Operations Management Conference, Dartmouth College, Hanover, New Hampshire June 24-25, 1996, pp. TBA.