Defining core competence
What is core competence? A clear explanation of the five evaluation axes and evaluation procedures.
When learning about strategy, you will encounter the keyword "core competence" early on. This time, I will explain core competence. Core competence refers to the ability that overwhelms competitors. It is said to have first appeared in 1990 in "The Core Competence of the Corporation." The ability to overwhelm competitors refers, for example, to possessing technology that is overwhelmingly superior compared to others. Core competence is not limited to technology, but widely known examples include Honda's engine technology and Sony's miniaturization technology. *You can view the detailed content of the blog through the related links. For more information, please feel free to contact us.*
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