core competence

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Core competence

Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty.

Core Competence

The primary field in which a business operates or is believed to be a leader. Core competence is the expertise in which a company is thought to excel and provide the greatest benefit to customers. This is important both in marketing and in the creation of business models. For example, a company will likely be able to charge higher fees for goods or services in its core competence.

core competence

a key resource, process or system possessed by a firm that allows it to gain a COMPETITIVE ADVANTAGE over rivals.
References in periodicals archive ?
The core competency model can be used for administrative purposes, development purposes or both.
Sell-assessment instruments to measure core competency model behaviors and skills are available for the senior-level leader and manager positions.
Using a core competency test to re-evaluate the machining staff may give you a flesh perspective.
Core competency testing can provide a benchmark, helping both employees and employers to gage potential and then to set realistic expectations.
Our core competency of integrating an Intel Pentium and chipset combination within a highly functional CompactPCI, VME or future AdvancedTCA board is complemented by SBE's core competency of producing high speed PMC/AMC communication products.
We look for partnerships with vendors like CyrusOne whose core competency is bringing us value in the specific area we are looking for; in this case it was remote monitoring and Citrix implementation.
The Graphic Services group, a network of capabilities that comprise Schawk's single largest core competency, represents a depth and breadth of intellectual and technical graphics expertise that spans 50 years and is leveraged by the Company's other two core competency groups -- Enterprise Products and Brand Consulting & Design.
Teoma is one of these sources, and with this new partnership it brings its core competency of deep search relevancy to Mamma.
The organization leverages its core competency of digital video, digital audio, video processing and connectivity to ensure a wide range of customers can significantly accelerate the development process.
Areas of core competency for Helix before the addition of the Bridgewater office included: oncology, HIV diagnostics and therapeutics, biologic dermatology, genomic-targeted therapies, and an experience-based reputation in the biotech industry.
Cypress Semiconductor (NYSE:CY) today announced that Darryl Carson, director of education and development, will present at the March 13th session on Issues in Core Competency Management at the Core Competencies and Technical Excellence Workshop.
Reflect the Company's Core Competency and Customer Value Proposition

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