General
core competency
What does core competency mean?
A defining strength or specialised capability central to a business's advantage.
"Logistics is our core competency, not retail."
Origin
Coined by Prahalad and Hamel in a 1990 Harvard Business Review article.
Frequently asked questions
What does core competency mean?
It's a defining strength or specialised capability that's central to a business's competitive advantage.
Who coined the term core competency?
It was coined by C.K. Prahalad and Gary Hamel in a 1990 Harvard Business Review article.
How do you use core competency in a sentence?
For example: 'Logistics is our core competency, not retail.'
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