BUS 485 Topic 4 DQ 1
Max Points: 5.0
How can you determine a core competency?
According to http://web.stanford.edu/dept/SUL/library/institute21/summer/speakers/trelstad_mag.html
“The Characteristics of Core Competencies
The characteristics of core competencies are as follows:
- They provide a set of unifying principles for the organization and they are pervasive in all strategies.
- They provide access to a variety of markets.
- They are critical in producing end products.
- They are rare or difficult to imitate.” (stanford.edu 2016)
This tells me that using this list can help us determine a core competency. Additionally I believe that a core competency is something not easily countered by competition or changed by outside environmental forces.
Institute 21: Summer Institute 2001. (n.d.). Retrieved July 05, 2016, from http://web.stanford.edu/dept/SUL/library/institute21/summer/speakers/trelstad_mag.html
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