Imitation of Core Competence

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Core Competence > Best Practices > Imitation of Core Competence

Imitation of Core Competence
Mac
How can a firm ensure that its core competence(s) are hard to imitate?
 

 
Imitation of Core Competences
Odukoya Oladimeji Seye
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.
 

   

 
Core Competence - How to avoid Imitation
Sanju
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.
 

 
Avoiding Imitation of Core Competence
Biney Jacob
I think a firm who want to make it difficult for competitors to imitate it's core competence should always be on the market to get up-to-date and accurate information to use these information to continuously improve upon their services to meet customers needs and wants.
 

 
Imitation of Core Competencies
Samir Randive, Manager, Australia, Member
Core Competencies are usually built upon one of the most important key success factors of the business which most certainly provides the competitive advantage to the company. Competitors will always try to imitate the CC. Arguably the best way to protect a CC is - be aggressive and attacking, be innovative, continuous improvement, quest for effeciency without effecting the quality.
 

 
Keeping Cc Hard to Imitate
Atal Malviya, Student (MBA), United Kingdom, Member
Core competencies are a combination of innovations and resources- human or non human-, companies should not only re-work on their innovation in order to push more solution to the market but also keep the core team intact so that overall advantage and exclusiveness will be with the company all the time.
 

     
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