Imitation of Core Competence
How can a firm ensure that its core competence(s) are hard to imitate?
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Welcome to the Core Competence best practices. The topic being discussed here is: "Imitation of Core Competence".
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Odukoya Oladimeji Seye, Nigeria
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Imitation of Core Competences
A firm can ensure that its core competences are hard to imitate by frequently strategizing and re-strateging, branding and re-branding all in a bid to avoid product obsolescence and to ensure that the company maintains a lion share of the market in which it sells her products and for overall corporate effectiveness.
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Sanju, India
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Core Competence - How to avoid Imitation
If the competence is built around technological innovation, keeping in mind consumer needs and preferences, it gives the organization a distinct competitive advantage and market leadership in a niche segment, though it may not last too long if the organization does not innovate continuously. But if the competence is also built around the processes through which to deliver superior service in the least possible time, it becomes extremely difficult to imitate. It also depends on the market being targeted, and product life-cycle, and consumer maturity curve.
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Biney Jacob, Ghana
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Avoiding Imitation of Core Competence
I think a firm who want to make it difficult for competitors to imitate it's core competence should ... Sign up
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