There are many definitions of success. But to me, success in business means separation from the competition. And one of the best ways to do that is to develop core competencies. The concept of core ...

Identifying a core competency is a common practice in business management. A core competency is something specific about a company and how it approaches its work that its competitors will find ...

If you are a new business owner, it's probably only a matter of time until someone asks you: "Do you intend to be a reflection of your business, or do you intend the business to be a reflection of you ...

Core competencies are the most essential skills and behaviors your people need to succeed in their roles and drive your business strategy. They spell out what good performance looks like in clear, ...

But what is a core competency? And how can an enterprise separate a core competency from day-to-day business functions, many of which remain relevant and important? NEARSOL itself has extensive ...

The idea of core competence was introduced into management literature in 1990 by C.K. Prahalad and Gary Hamel. The two business academics wrote: Core competencies are the collective learning in the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Markets experienced a strong, though complex, year in 2018 ...

In a world of rapid disruption, the idea of having a core competency–an intrinsic set of skills required to thrive in certain markets–is an outmoded principle. Apple, Nike, and Netflix have better ...

In my first article for Forbes in July 2014, Is Enterprise Architecture Completely Broken?, I compared enterprise architects to Milton, a character in the cult film Office Space who has nothing ...

In the past 18 months, Volkswagen announced delays in the launch of two crucial models, first the eighth generation of its perennial bestseller, the VW Golf, and then its flagship electric car, the ID ...