Identifying a Core Competence

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Identifying a Core Competence
Irina
How can a firm identify its CC? (...) Read more? Sign up for free

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  Identify a Core Competence
Jaap de Jonge, Editor, Netherlands
  See summary text at "Building a Core Competence" (1-2-3). A well-known example is Sony's competence in miniaturization. Sony uses this capability in multiple product lines (audio, video, photo, etc). Customers appreciate small electronic devices. The miniaturization skill is hard to imitate by other companies.

  CC technique
Irina
  Yes, you have the three tests and Sony is an example... But I'm looking for a more specific technique how to identify a core competency in practise. If it exists?

  How to identify your CC
Sanju
  A firm has to identify what its core competence could be for a particular product segment, given the:
- Product life-cycle and maturity curve
- Consumer expectations
- Technology developments and sustainability
- Competitive environment
A firm may not have any core competence but may still be successful in a market for many years. For example if the product technology and consumer class have both matured.
But certainly the sustainability of core competence will decide how profitable the organization will be.


  How to Identify Core Competences of a Retailer?
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Core Competence
Summary
Forum
People are our Greatest Asset
Is There Any Difference Between a Competence and a Competency?
🔥The Role of AI in Core Competence
Best Practices
🥇Why Protect Core Competence?
🥈CC as an Organisational Trait(s)
Identifying a Core Competence
Core Competency versus Corporate Competency?
Imitation of Core Competence
The Virtual Company and Core Competences
Utilizing a Core Competence
Always link Strategy to CC
Financial Valuation of a Core Competence
Core Competences and Porter's 5 Forces
Is CC REALLY Different from FF?
Leadership & Core Competence
Core Competency Should be Challenged
Integrating the Core Competence
Core Competences Change due to ICT
Defining New Services / Capabilities
Outside- in vs. Inside-out
Examples of Core Competences
Collaboration and CC


Core Competence
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