Core Competence differences versus Five Forces
Kim Warren, Professor, United Kingdom, Member
Of course CC is different from FF. FF is an industry-level framework for assessing profit opportunities generally, and says nothing about any particular firm at all. CC seeks deep competences that may allow a firm to perform strongly in its industry. No-one said you only need CC and can forget about the competitive environment. Like most strategy tools CC and FF are merely individual tools that may be necessary to identify a strong strategic position.