We sure do! The company's core competencies have contributed to develop an array of competitive products and USPs which made the Goolge Inc success. Core competency is a factor which gives you competitive advantage over others. For example, UFE's core competencies are in product engineering, mold making, precision large-volume injection molding, contract assembly, and project management. That means figuring out early-on which employees have high potential and then coaching and training them. A core competency will typically meet all rules on the following checklist: it provides benefit to the customer; it is difficult to imitate Core Competencies - how we will deliver Our Business (PDF, 4.9MB) New Zealand Police core values (PDF, 16.8MB) New Zealand Police core values in Māori (PDF, 3MB) New Zealand Police core values in Hindi (PDF, 6.1MB) New Zealand Police core values in Samoan (PDF, 5MB) New Zealand Police core values in Simplified Chinese (PDF, 7.3MB) Core competencies intimately entwine in understanding and predicting which employees will become your superstars.Every business needs to plan for the future. Prahalad and Gary Hamel in their 1990 article for Harvard Business Review. Typically, a core competency refers to a company's set of skills or experience in some activity, rather than physical or financial assets. A core competency is a specific factor that is central to the way a company and its employees work. Do You Have Any Core Competencies Examples? Business strategists should be familiar with C. K. Prahalad and Gary Hamel‘s classic business concept, the core competency. An example of a core competency is “Extraordinary Customer Service”. The term core competency was coined by the leading management experts, CK Prahalad and Gary Hamel in an article in the famous Harvard Business Review. Prahalad and Hamel defined core competenciesas the collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies. Company core competencies have many examples that are inevitable to utilize in the workplace and in business. For those who aren’t familiar (or who slept through the strategy portion of their degree), a core competency is one of the most important, misunderstood, and ignored concepts in business. A core competency of an individual in the workplace is an attribute that makes that person stand out over the rest. Below, we list some core management competencies. Core Competencies Industry Founded in Switzerland over 100 years ago, Sika has developed into a successful global company with a leading position in the development and production of adhesive, sealing, acoustic, protective and reinforcing systems and products. Knowing your company’s core competencies can play a vital role in how you do business while differentiating yourself from competitors. 6 essential competencies for Company Secretaries What makes a good company secretary? Core competency is an organization's defining strength, providing the foundation from which the business will grow, seize upon new opportunities and deliver value to customers. The Kmart Corporation is a collection of big box subdivision stores with its headquarters situated in Hoffman Estates in Illinois. Examples of core competency are home delivery in case of Domino’s, or Innovation in case of Apple and Google.Your core competency is always defined when compared with others. A Core Competency is a deep proficiency that enables a company to deliver unique value to customers. We are going to explain the concept of core competency in this article and how to generate a competitive advantage for a company. Your core competencies should be listed front and center on your resume, right underneath your name in the resume header. Especially if you are in a people-driven business, you should receive feedback from every employee impacted by these core competencies. The core competencies of a company can help it become an industry leader and guide the development of future growth strategies. We’ll show you what a core competencies sections is, how to include one and some great examples. We will provide a summary of a few cases and studies to describe the complexities of the concept. 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