ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > Resolve Your Query - Get Help and discuss Projects > Principles of Management / Perspective Management

What is Core competence?

What is Core competence?

Discuss What is Core competence? within the Principles of Management / Perspective Management forums, part of the Resolve Your Query - Get Help and discuss Projects category; hi friends i am looking for Meaning of Core competence. can anyone like to help ? Advertisements...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
What is Core competence?
Old
 (1 (permalink))
Rajesh Nimbunkar
Gyaan Raja is an unknown quantity at this point
 
Gyaan Raja
Student of MBA at M J S MANDALS INSTITUTE OF MGMT SCHOOLS
Pune, Maharashtra
Management Paradise Newbie
 
Status: Offline
Posts: 222
Join Date: Jul 2009
Location: Pune, Maharashtra
What is Core competence? - August 28th, 2013

hi friends i am looking for Meaning of Core competence. can anyone like to help ?
Advertisements
Friends: (0)
Reply With Quote
Related to What is Core competence?
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
 

Re: What is Core competence?
Old
 (2 (permalink))
J Murli
JS_21 is an unknown quantity at this point
 
JS_21
Student of Medicine & Health Care
Delhi, Delhi
Status: Offline
Posts: 2
Join Date: May 2010
Location: Delhi, Delhi
Re: What is Core competence? - August 28th, 2013

Core Competency is all those capabilities that make a company or organisation unique, provides it the competitive advantage in the market. So focussing on these competencies can help a company in achieving a distinct status which is unimitable by others.
Example, Dell has its unique features that are unimitable by other brands.
Various aspects of core competencies to be taken up by company include:-

- Design competitive positions and strategies that capitalize on corporate strengths
- Unify the company across business units and functional units, and improve the transfer of knowledge and skills among them
- Help employees understand management's priorities
- Integrate the use of technology in carrying out business processes
- Decide where to allocate resources
- Make outsourcing, divestment and partnering decisions
- Widen the domain in which the company innovates, and spawn new products and services
- Invent new markets and quickly enter emerging markets
- Enhance image and build customer loyalty
Friends: (0)
Reply With Quote
Re: What is Core competence?
Old
 (3 (permalink))
Dharmik Moni
dharmikmoni is an unknown quantity at this point
 
dharmikmoni
Student of MBA at COMPUSPIRIT
Mumbai, Maharashtra
Management Paradise Newbie
 
Institute: COMPUSPIRIT
Status: Offline
Posts: 361
Join Date: Aug 2013
Location: Mumbai, Maharashtra
Re: What is Core competence? - August 28th, 2013

Quote:
Originally Posted by Gyaan Raja View Post
hi friends i am looking for Meaning of Core competence. can anyone like to help ?
Here the Meaning of Core Competence.

A core competence is a particular skill area which a company has which will enable it to add value to its customers, and to manage its cost base.

An example of a core competence is Virgin Groupís expertise in brand development.
Friends: (0)
Reply With Quote
Reply

Bookmarks

Tags
competence, core

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Ľ Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

7 hot Discussions about...
Last post by Murgha Joshi
1 Hour Ago 02:06 PM
0 Replies
Did you Follow...
Last post by Murgha Joshi
1 Hour Ago 02:00 PM
0 Replies
8 Funny Discussions...
Last post by Murgha Joshi
1 Hour Ago 01:36 PM
0 Replies
Do you know why...
Last post by Murgha Joshi
2 Hours Ago 01:28 PM
0 Replies
Customer Relationship...
Last post by Yan Doudou
2 Hours Ago 01:20 PM
1 Replies
5 Top Discussions about...
Last post by Murgha Joshi
2 Hours Ago 01:16 PM
0 Replies
Why Everyone is talking...
Last post by Murgha Joshi
2 Hours Ago 01:02 PM
0 Replies
Hot Discussions about...
Last post by Murgha Joshi
2 Hours Ago 12:57 PM
0 Replies
People are Crazy for...
Last post by Murgha Joshi
2 Hours Ago 12:34 PM
0 Replies
Discussions going on...
Last post by Murgha Joshi
3 Hours Ago 12:23 PM
0 Replies
Epic Research Update :...
Last post by Epic Research
3 Hours Ago 12:18 PM
1 Replies
Why #OnCloud9W is...
Last post by Murgha Joshi
3 Hours Ago 12:18 PM
0 Replies
Epic Research Update :...
Last post by Epic Research
3 Hours Ago 12:16 PM
1 Replies
Is our market overpriced?
Last post by Shreya Das
4 Hours Ago 11:19 AM
0 Replies
MBAs for entrepreneurs
Last post by Shreya Das
18 Hours Ago 09:10 PM
0 Replies

» Projects Helpline

need books Operation...
Last post by Jade Allen
1 Week Ago 01:02 PM

» THE BIG FIGHT

ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in