Core competencies are specific business abilities used to create a competitive advantage in the business environment. A competitive advantage is the ability to complete business functions, produce ...

No two businesses are alike, but some are less alike than others. The more ways your company stands out from its competitors, the more likely your business is to attract customers. These ...

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 ...

The term "core competencies" was coined by academic researchers C.K. Prahalad and G. Hamel in an article published in the Harvard Business Review in 1990. Core competencies are the skills and ...

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 ...

Opinions expressed by Entrepreneur contributors are their own. You may have heard or read the phrase “core competency” lately and wondered if it’s the latest example of meaningless corporate lingo, or ...