The purpose of this paper is to identify managerial competencies held by effective and successful managers around the world. The study endeavored to understand the role of managerial competencies in achieving competitive advantage.
Approximately 50 research papers have been reviewed, and various articles, books, Web links, etc. have also been consulted. The results of an extensive review of research papers, various articles, books, and web links, etc. indicated that communication skills, team-working, vision, self-management, result-orientation, strategic-orientation, ambition, persistence, decision-making, risk-taking, and creativity are the commonly possessed managerial competencies by successful and effective managers, and managerial performance largely depends upon the set of managerial competencies a manager possesses. As signified by the paper, it is very important for the organizations to have unique managerial competencies in order to achieve competitive advantage and to help the organizations develop effective training and development programs to enhance their operational efficiency and effectiveness.
The main objective of this study is to explore the impact of managerial competencies through the competitive advantage of the educational sector.
This study was applied to the educational sector to achieve the objectives of the study, which are: identification of core competencies within the educational sector; investigation of the impact of core competencies in achieving success through competitive advantages; investigation of whether competitive advantages act as a mediator between core competencies and firm success; and investigation of how universities think about sustaining their success.