a bundle of knowledge, skills, and experience blending with our technology and anything else that gives us advantage over our competition
a deep proficiency that enables a company to deliver unique value to customers
a knowledge, skill, or ability that contributes to successful completion of a task on the job
a skill recognized to have significant and intrinsic value to the corporation's competitive position, and as such, the competency needs to reside within the bounds of the corporation
a skill, such as delegation, managerial courage or process management
a skill, technology, or task that is unique to a company
a special skill or technology that creates unique customer value
Core competency is the in-depth, primary, embedded set of capabilities, technologies and processes which constitute an organization's collective "know how", in providing customer value and access to markets.
One of the company's primary functions that is considered essential to its success.
This is working knowledge. It is comprised of our experience to do the job and having the essential problem-solving skills needed to overcome obstacles.
One of a company's primary functions which is considered essential to its success.
A distinctive area of expertise of an organization that is critical to its long term success. These are built up over time and cannot be imitated easily. The concept was developed by C.K. Prahalad and G. Hamel in a series of articles in Harvard Business Review around 1990. Sometimes called core capability.
A unique capability in the organization that creates high value and that differentiates the organization from its competition.