Glossary of Business Terms
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Core Competencies
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Core competencies are the most significant value creating skills within your corporation and key areas of expertise which are distinctive to your company and critical to the company's long term success and sustainable growth.
These areas of expertise and corporate capabilities may be in any area from product development to employee dedication.
PowerPoints for Teachers: Business Success 360
Your company's core competencies are the things that you can do better than your competitors in the critical, central areas of your company where the most value is added to your products.
If a core competence yields a long term advantage to the company, it is said to be a sustainable competitive advantage.
Example
Core competencies helped the founder of Innompic Games to launch a civilizational breakthrough and to build IG as a relentless trend setter and the World's #1 in target areas.
In today's rapidly changing world, "it's not the BIG that eats the SMALL,
That's why people and companies who mastered light-speed subconscious thinking win today!
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