First of all, let’s define Core Competency. Core competencies are the combinations of knowledge, skill and technical abilities that allow a business to successfully compete in the marketplace. Understanding your core competencies allows you to invest in the strengths that differentiate you while creating strategies that can unify your entire organization.
Is a particular skill really a core competency for you? Is it difficult for competitors to duplicate? Is it something your organization does particularly well? If you can answer both of these definitely yes, you may have identified a core competency. Core competencies also contribute substantially to the benefits a company’s products offer customers
However, while every organization is good at something(s) none are good at everything. What are the two or three critical competencies that your organization excels at? These are what you can identify and leverage for sustainable success into the future.
Contact Build It Backwards(SM) today and and let our consulting services give your organization the foundation to succeed well into the future.