Core Competence of Successful Corporates
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Date
2024
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Publisher
International Journal of Law Management & Humanities
Abstract
Core Competence is the uniqueness of a company that makes it create new products and services to add value to the organisation. It is not easy for the other competitors to copy the company's core competence. Core competence is an organisation's efficiency in growing its business. This article highlights the skills required to identify and improve an organisation's core competence. Core competence differs from company to company. One organisation may have core competence in enhancing the quality of its products, and another organisation may have core competence in utilising the technology.
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ISME
Keywords
Core Competence, Strategic Architecture, Strategic Business Unit, Competitive Advantage, Blockchain