how the organisation can exploit its strengths to achieve sustainable competitive advantage

The core competency of an organization shows what makes them unique in order to have an advantage in competing with competitors in the same industry. Nordstrom’s core competency is rooted in its strategy providing superlative customer service. Nordstrom values their employees as their most valuable asset or capital in the organization.

Investopedia defines core competencies as “the main strengths or strategic advantages of a business.” Furthermore Investopedia describes core competencies as “the combination of pooled knowledge and technical capacities allowing a business to be competitive in the marketplace.” (Investopedia 2014). Considering these definitions, the following are Croc’s core competencies:

The Chinese president is looking to boost consumption and import as part of efforts to restructure its economy (Hu Looks to Boost China's Consumption, Imports, (April 15, 2011). The Chinese energy consumption has been predicted to soar to 68% higher than that of the USA by the year 2035(China, India to lead energy consumption, (September 20, 2011). Investment spending is also set to increase from $12,633 billion (2011, 48% of GDP) to $29,628 billion by 2030 (38% of GDP) (CHINA - Gross fixed investment (% of GDP) from 2011 to 2030, EIU Country Data). In 2006 China had a rating of 5.00 and was seen ranked at 101st in terms of the degree of economic freedom as measured

The objective of the Cisco executives is to emphasis consideration on competencies that truly affect its competitive advantage. Cisco core competency comes from the precise group of talents and manufacturing practices that bring extra value to the. These competencies allowed Cisco to enter an extensive range of markets.

The core competency is a unique characteristic which cannot be easily replicated by competitors. It is defined as the main strengths or strategic advantages of a business. Core competencies are the combination of knowledge, ability, and expertise which contributes to continue growth of the organization and the commitment to deliver value to the customers. Therefore, core competence in healthcare is essential; it is the bridge to quality of care, opportunities for developing and improving skills to be successful.

Core competencies are the capabilities that are critical to a business achieving competitive advantage. The starting point for analysing core competencies is recognising that competition between businesses is as much a race for competence mastery as it is for market position and market power. (Prahalad and Hamel)

Core competencies are set of skills, expertise and professionalism which the service is executed (Johnston & Clark 2001). They make a firm to stand apart and develop a competitive advantage.

Core Competencies: The Company is full of assurance and potential. Each and every day represents a new opportunity to share Vision, strategy and style.

Core competence is one of the important concepts that were introduced for the understanding of product

The core competencies of a firm help identify the advantages that distinguish a company from its competitors. They take time to develop as the firm has to learn how to position their resources and capabilities of their organization. In this case, Best Buy’s core competencies are best understood by separating them into tangible and intangible resources. Tangible Resources As mentioned in our text, tangible resources are assets that can be observed and quantified (Hitt, Ireland & Hoskisson, 80).

Core competencies are the most significant value creating skills within a company and key areas of expertise that are distinctive to a company and critical to the company's long-term growth. Core competencies are the pieces that a company is superior than its competitors in the critical, central areas of the company where the most value is added to its products. These areas of expertise may be in any area from product development to employee dedication. A competence which is central to business's operations but which is not exceptional in some way is not considered as a core competence, as it will not generate a differentiated advantage over rival businesses. It follows from the concept of core competencies; resources that are

With more and more countries taking part in the international trade, the world’s market is expanding in a rapid pace. How to make use of the enlarging market and remain competitive become urgent for those participants. Market diversification is a good way to take full advantage of the resource and improve the efficiency by enlarging the business scope. In addition, it can also ease the pressure of competition and reduce the cost. The report mainly discuss that Australian Holden may enter Chinese market and chooses Shanghai as the target market. The report firstly analyzes the Australian and Chinese market and briefly

When many corporations were struggling in unstable and unpredictable competitive environment in the 1990s, the proposition of the concept of core competence became the dominant framework in management theory (Liu, 2006). This essay will review the article entitled “the core competence of the corporation” by Prahalad and Hamel from three aspects. Initially the position of the article will be analyzed compared with the Porter’s positioning perspective followed by the presentation of three theoretical assumptions of the article. In the last part, the strength and weakness of the article would be critically investigated.

Core competency is said to resource allocation, capabilities, knowledge, skills, and expertise along side price chain. It wants 3 elements: skills, resources and processes, and it is communication,

According to Griffin & Pustay (2005), a core competency is a distinctive strength or advantage that is central to a firm¡¦s operations, and by utilising its core competency in new markets, the firm is able to increase