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 ...

A core competency is a skill at which an individual is especially proficient, or a set of activities that an organization performs better than other functions – whether more efficiently, at lower cost ...

If you answered with a product name you’re at risk. I’m sure it’s a very successful product, but it’s tethering you to the past; success forms the most restrictive shackles. Your core competency ...

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 ...

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 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 ...

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 ...

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 ...

VUCA times -- volatility, uncertainty, complexity, and ambiguity -- call for extraordinary commitment to where your team excels at creating the most value, and tapping outside capability to solve for ...