Leadership & Core Competence

Leadership & Core Competence

Resources that might be easily available will not enable a business to achieve a competitive advantage over rivals. If a core competence yields a long term advantage to the company, it is said to be a sustainable competitive advantage.
Good leaders are dedicated to lifelong learning & seeking continuous improvement in their companies. They also seek it for themselves. Leaders recognize that competition between businesses is a race for competence mastery, market position & power. A goal for leaders/ management should be to focus attention on competencies that really affect competitive advantage, since it may not be possible to focus on all activities & competencies of a business.