Core competency
id:
core-competency-264-9276560
title:
Core competency
text:
A core competency is a concept in management theory introduced by C. K. Prahalad and Gary Hamel. It can be defined as "a harmonized combination of multiple resources and skills that distinguish a firm in the marketplace" and therefore are the foundation of companies' competitiveness. Core competencies fulfill three criteria: Provides potential access to a wide variety of markets.
Should make a significant contribution to the perceived customer benefits of the end product.
Difficult to imitate by
brand slug:
wiki
category slug:
encyclopedia
description:
Management concept of identifying the basis of competitiveness in an industry
original url:
https://en.wikipedia.org/wiki/Core_competency
date created:
date modified:
2023-10-14T17:06:02Z
main entity:
{"identifier":"Q1201929","url":"https://www.wikidata.org/entity/Q1201929"}
image:
fields total:
13
integrity:
14