core competencies

Core competencies are the unique strengths and capabilities that an organization or individual possesses, which give them a competitive advantage in their field. These can include specialized skills, knowledge, abilities, or resources that enable them to deliver value and excel in certain areas. For example, a company known for innovative technology may have core competencies in research and development, while a skilled professional might have exceptional problem-solving abilities. Identifying and leveraging these competencies helps guide strategic decisions and drive success.