Core Competency

A core competency is a unique strength or advantage that a company or organization possesses, which sets it apart from competitors. It encompasses a combination of skills, technologies, and knowledge that enable them to deliver exceptional products or services. For example, a tech company might excel in innovative software development, while a restaurant may shine in creating a distinct culinary experience. Identifying and leveraging these core competencies helps organizations grow, adapt, and sustain success in their industry.