Core Competency: Business concept of the day

Core Competency: Business concept of the day

Business Development

GlobalLinker Staff

GlobalLinker Staff

329 week ago — 1 min read

Definition: Core competency is the harmony of skills and resources that distinguish a firm in the marketplace.

 

Example: Building waterproof casings for all types of phones was the core competency around which the manufacturing company built its success.

 

Business Insight: Core competencies can provide a platform on which to create sustainable growth for a company.

 

Comments

Posted by

GlobalLinker Staff

We are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.