Identifying a Core Competence

Core Competence
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Best Practices
Irina, Russia

Identifying a Core Competence

How can a firm identify its CC?

  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.

  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?

  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.

  Rajiv, India
 

How to Establish a Core Competency

Core competencies are fundamentally a dynamic and relative measured competency. It changes with time and business contex...

  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. Can anyone help m...

 

More on Core Competence:
Summary
Forum
Always link Strategy to CC
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
Collaboration and CC
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
Financial Valuation of a Core Competence
Special Interest Group

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Core Competence
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