Competencies are the skills, behaviors and performance standards that turn the "what" of an expectation into the "how." Business owners can use core organizational competencies to define the business ...

In my time at McKinsey, one of the associate partners once said, “Our client may have the knowledge, but we have the skill — specifically, the problem-solving skill — to overcome the knowledge barrier ...

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 ...

Skills mapping evaluates your employees’ current skills, identifies gaps, anticipates the skills your business will need and ...

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 ...

Since Gary Hamel and CK Prahalad put forth the idea of “core competencies” in a 1990 Harvard Business Review article, “The Core Competence of the Corporation,” organizations have taken this insight as ...

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 ...

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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 ...

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 ...