Core Competence of Successful Corporates
Lead author · Corresponding
Dr A Mohamed Jaffer
Professor at Atlas Skilltech University, India
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. This article listed many corporates which are very successful with their core competencies.
Keywords
Core Competence
Strategic Architecture
Strategic Business Unit
Competitive Advantage
Blockchain