core competencies



A unique ability that a company acquires from its founders or develops and that cannot be easily imitated. Core competencies are what give a company one or more competitive advantages, in creating and delivering value to its customers in its chosen field. Also called core capabilities or distinctive competencies. See also core rigidities.

Use core competencies in a sentence

  • It is important that your company always follows its core competencies so that it won't stray to far from its beliefs.

    9 people found this helpful
  • To have a successful business, one must know his core competencies so he can thrive and maintain a great business.

    5 people found this helpful
  • The core competencies of our company could not be matched by our competitors because we were constantly innovating and learning and improving.

    3 people found this helpful
Show more usage examples...

Related Videos

Have a question about core competencies? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z