Identifying a Core Competence




Core Competence
Knowledge Center

Translate

Best Practices
24
Irina, Russia

Identifying a Core Competence

How can a firm identify its CC?
 

Rating

 
1
Jaap de Jonge
Editor, Netherlands
 

Identify a Core Competence

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.

 
0
Irina, Russia
 

CC technique

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?

 
2
Sanju, India
 

How to identify your CC

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.

 
2
Rajiv, India
 

How to Establish a Core Competency

Core competencies are fundamentally a dynamic and relative measured competency. It changes with time... Sign up

 
0
TM
Consultant
 

How to Identify Core Competences of a Retailer?

@Rajiv: Hi, I'm Tala. I'm doing a research on core competencies and RBV of strategy in Retail market... Sign up

   

More on Core Competence:
Summary
Discussion Topics
🥇 Why Protect Core Competence?
🥈 CC as an Organisational Trait(s)
👀Identifying a Core Competence
🥉 Imitation of Core Competence
Core Competency versus Corporate Competency?
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
People are our Greatest Asset
Core Competences Change due to ICT
Defining New Services / Capabilities
Outside- in vs. Inside-out
Examples of Core Competences
Is There Any Difference Between a Competence and a Competency?
Collaboration and CC
🔥 The Role of AI in Core Competence
Special Interest Group

Do you know a lot about Core Competence? Become our SIG Leader

Core Competence
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.1 - Last updated: 2-6-2023. All names of their owners.