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 ...

Organizations are more complex than ever, and focusing too much on Gary Hamel’s idea of “core competencies” is both outdated and damaging to your company’s emotional infrastructure. Since Gary Hamel ...

The recession has inspired some companies to shed businesses and activities that are outside of their core competence. For example, Yahoo has refocused on selling display ads and being a portal for ...

Watch this short explainer video by Harvard Business Review and find out why Core Competencies are important for strategists in large companies. Gary Hamel and C.K. Prahalad first introduced this ...

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 ...

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 ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Get free guidance and exclusive deals to grow your business with business.com+ Business News Daily provides resources, advice and product reviews to drive business growth. Our mission is to equip ...

Ah, the dog days of summer. A break from the office, the cell phone and e-mail offers a chance for some R&R and reflection. So step back from the day-to-day grind and let me be so bold as to offer you ...