The Virtual Company and Core Competences
It's interesting to consider a
Virtual Business when you are thinking about Core Competences:
1. The Virtual Company focuses as much as possible / entirely on its own Core Competence (Typically Marketing, Visioning, Innovation)
2. It outsources all it's other functions to strategic partners, who are very good at performing those functions or even have that function as their core competence.
The virtual company therefore could be said to derive its strength primarily from the way it deals with core competences...